The Department for Education denied there were delays to the programme, but said it was essential to take the time to find the right finance arrangement for each school, and confirmed it was now looking at a number of options including a bond finance solution.
If I don't return the car in time, or damage it, the contract will automatically be referred by the owner to an adjudication panel who can use my deposit or the owners bond to finance resolution.
Much of the new cheap bond-market finance is being used to replace expensive existing facilities or to fund share buybacks.
Mr Livingstone's preferred alternative is a bond issue to finance much-needed investment in the Underground, which would remain wholly publicly owned.
If, for example, someone has signed a petition calling for a bond issue to finance local schools, a candidate might tell him that his opponent will cut spending on education.
Returning the ailing public finance bond insurance market to health has been a priority of state insurance regulators, led by New York state's Eric Dinallo, whose office took credit Wednesday for splitting MBIA in two.
The report also compares the U.S. perspective with that of other countries that have adopted or are in the process of adopting IFRS. For example, a previous ACCA study of IFRS adoption in Europe found that the benefits of adoption were greatest in countries with high institutional quality and where stock markets are more important to finance than bond markets or banking.
FORBES: U.S. Exceptionalism and Accounting Standards: Investors' Viewpoint
It was also expected that QE2, with the Fed printing tons of dollars to finance its big bond purchases, would result in the dollar extending its decline against global currencies.
Precisely one year after his return as chief executive of MBIA, JayBrownJay Brown formalized his plan to separate the insurer's municipal bond business from the structured finance business that has given it so much trouble.
Rates fell this week, and high-quality issuers were able to raise finance in municipal-bond markets.
One particularly interesting type of charitable bond is the Social Impact Bond (SIB) pioneered by Social Finance.
Italy adopted economic and public-finance reforms only under heavy bond-market pressure.
This will be a big change of habit: according to Morgan Stanley, America's net Treasury-bond purchases, outside those by the finance industry, have been zero since 1992.
The bond offering, issued by subsidiary Cnooc Finance (2013) Ltd.
The technical implication for the intertwined world of finance, of which the Treasury bond is a core architectural support, is unknowable.
The challenge for MBIA and other bond insurers will be to convince the public finance sector that insurance is still necessary.
Spanish Prime Minister Mariano Rajoy said on Wednesday that his country could not afford to finance itself for long at current bond rates.
In 2009, The Rockefeller Foundation gave a grant to Social Finance UK to develop a then unknown innovative finance tool called the social impact bond.
FORBES: Social Innovation in Acceleration: Building the Social Impact Bond Ecosystem
Currency intervention by Asian central banks helps to explain why America has so far been able to finance its deficit without higher American bond yields or a bigger fall in the dollar.
ECONOMIST: A further steep decline in the dollar seems inevitable
He quit a year later--ahead of Drexel's collapse triggered by prosecution of its junk-bond operation--to do boutique-finance deals that eventually led him to Houston billionaire Robert McNair's Cogen Technologies (which sold most of its plants to Enron just before that giant's collapse).
However, amid the deep spending cuts, including slashing pension benefits and civil servant pay, euro-zone countries are slowing and investors have been concerned about the ability of nations such as Spain and Italy to finance their budget deficits in the bond markets.
The underlying complaint is that speculators drive up bond yields, making it harder for governments to finance themselves.
If leveraged loan and high yield bond issuance continues at the current pace the leveraged finance market would see its first trillion dollar year.
FORBES: Leveraged finance volume sees record pace as M&A deals boom
Indeed finance officials plan to issue a new bond (which would reopen the market for emerging economies) to lengthen the maturity of the public debt.
Like the mortgage market, the municipal bond market has morphed into its own new era of highflying finance, adjustable-rate loans and complex securities.
The finance ministry has barred the firm from government-bond auctions until it thinks up a worse punishment, probably suspension of all its business for a while.
Doesn't this rather resemble the pay-for-play scandals of municipal finance, wherein elected treasurers pass the campaign hat around bond-underwriting firms?
For its part, the finance ministry has tried to prop up the government-bond market by issuing new bonds over the past two years.
Without backing from a top-rated bond insurer, local governments and companies would have to pay more to finance projects.
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