Build America Bonds Market Strong
The American Recovery and Reinvestment Act of 2009 was signed into law on February 17, 2009 and allows for the issuance of a new class of municipal bonds: Build America Bonds Allows governmental issuers to sell taxable debt until 2011 and receive a cash rebate from the U.S. Treasury equal to 35% of all interest paid for the term of the debt Since the Treasury gave guidance in April 2009, Build A..
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2010. 7. 4. 22:07