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capital bond

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capital bond

In economics, an investment bond that is purchased by a single payment, set up for a fixed period, and offered for sale by financial institutions. The emphasis is on capital growth of the lump sum invested rather than on income.



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He should reallocate his contributions, putting 48% in Vanguard, 40% in the Chicago Capital Bond Fund (CHTBX), which is a choice within his 401(k) plan, and the remaining 12% in Euro Pacific.
Owens did lead the 6,300-student Derby district to a successful $20 million capital bond campaign, its first in 30 years, after two failed votes.
He cited both the construction jobs represented by the Queens West Development and by a $600 million state MTA capital bond issue, for which the Building Congress had successfully lobbied.
 
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