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Sinking Fund bond of the City of Milan, issued 1 April 1927. A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt.
This paper sets forth that sinking funds foster corporate governance, either when they intend to build up the principal of bonds and financial hybrids to be repaid at maturity date, or to plan ahead the purchase of fixed assets in the future.
This paper discusses how the changing nature of the bond affects the true yield an investor receives and the true interest rate an issuer pays on a sinking fund bond. It then discusses the implication of. such true yield and interest rates on the flotation policy of a corporate financial manager and the investment.
1 kwi 1999 · In this paper, we review the history of sinking funds in US government finance, exploring the claims made for, and the criticisms leveled at, them. We argue that sinking funds were used by Hamilton – and by some of his successors – as mechanisms to overcome problems of time inconsistency in government policies.
13 cze 2024 · A sinking fund is an account containing money set aside to pay off a debt or bond. Sinking funds may help pay off the debt at maturity or assist in buying back bonds on the open...
17 gru 2023 · A sinking fund is a means of repaying funds borrowed through a bond issue through periodic payments to a trustee who retires part of the issue by purchasing the bonds in the open market.
30 kwi 2024 · A sinkable bond is a type of debt that is backed by a fund set aside by the issuer. The issuer reduces the cost of borrowing over time by buying and retiring a portion of the bonds periodically...
