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The LSTA was founded in New York City (the focus point for America's loan market) on 26 December 1995 as the Debt Traders Association, Inc., before changing its name on 28 June 1996 to the Loan Syndications and Trading Association, Inc. [2] to serve as an industry association for the sector, and to enhance its running and advocate for its ...
The original act, the Library Services and Construction Act (LSCA), allocated funds for building construction, but LSTA emphasizes technology. The new priority is the creation of technological infrastructure. [ 3 ]
The S&P/LSTA Loan 100 focuses on the more liquid side of the U.S. market. In the six years between its base date and the end of 2007, its pricing hit a trough of 89.05 and peaked over par at 101.32. Between 2008-2010, the price dropped to 59.20, but than rallied back significantly as sentiment regarding the credit markets improved.
As of 2007, approximately one-third of libraries had chosen to forego federal E-Rate and certain types of LSTA funds so they would not be required to institute filtering. [1] This act has several requirements for institutions to meet before they can receive government funds.
CIPA imposed certain types of requirements on any school or library that receives funding under the E-rate program or Library Services and Technology Act (LSTA) grants, which subsidize internet technology and connectivity for schools and libraries.
The library manages many programs for public libraries including public library certification and standards, LSTA grants, bookmobile funding and training for library trustees. [2] They oversee Nevada Talking Book Services for print-disabled users, Nevada Center for the Book, and the Nevada State Data Center to help localities work with census data.
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Georgia HomePLACE is a partnership between the Georgia Public Library Service and GALILEO and benefits from LSTA funds administered by the Institute of Museum and Library Services. Georgia HomePLACE has produced approximately 25 new DLG digital collections since 2004.
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