What does TIC stand for?

True Interest Cost (bond finance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Although the municipal markets have been volatile, the City was able to achieve a true interest cost of approximately 3.

United States: $28.6 Million in General Airport Refunding Bonds Sold ...

8 million in taxable bonds, with all "AAA" rated (a Moodys Investors Service rating) bonds possessing a final maturity date of 2038 and a true interest cost of 5.

$39m bond deal puts soccer stadium plan on track

The bid was awarded on the basis of the true interest cost (almost 4.

Joint celebration set for Oct. 31

Broker-dealers also objected to use of the Internet to conduct "open auctions" in which bidders can see yields associated with the best bids for each maturity (or true interest cost of the best AON bid); such information enables competitors to formulate better bids.

Municipal bond sales via the Internet: the story of Pittsburgh's ...

Metropolitan refunded the bonds Wednesday at a true interest cost of 4.

Metropolitan Bond Refunding Sale to Save Taxpayers More Than $2 ...

The true interest costs to TIFA over the 25-year life of bond repayment is 4.

United States: TIFA sells bonds for $2.3 million streetscape project

Making a Bond Issuer's Life Easier Mun-Ease makes possible an extensive set of municipal bond-related calculations, including true interest cost (TIC), net interest cost (NIC), arbitrage yield limit (AYL), excess earnings for rebate purposes and internal rate of return (IRR) on the investment portfolio.

Calculating a refunding savings with Mun-Ease

9 million of waterworks general obligation refunding bonds Wednesday at a true interest cost of 3.

Metropolitan Bond Refunding Sale to Save Nearly $11 Million in Debt ...