USE OF INDUSTRIAL DEVELOPMENT BOND ISSUES IN ACQUISITION OF LONG-TERM DEBT CAPITAL BY SELECTED FARMER COOPERATIVES

Donald R. Davidson

No 284217, 1978 Annual Meeting, August 6-9, Blacksburg, Virginia from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Study delineated experiences of subject cooperatives using industrial development bonds for long-term debt capital. Cooperatives opted for "revenue" bonds instead of"general obligation" issues. ID bond financing showed sharp rise during 1970s, with number of bond-financed projects increasing three-fold and size of issues 45 percent over 1960s.

Keywords: Agribusiness; Farm Management (search for similar items in EconPapers)
Pages: 15
Date: 1978-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea78:284217

DOI: 10.22004/ag.econ.284217

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