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Some issuers are redeeming their Build America Bonds even as there is uncertainty over how the reissuance rules apply to the bonds, bond lawyers said.
By Naomi JagodaJuly 25 -
Internal Revenue Service agents have been raising concerns during audits about tax-exempt bond proceeds that were unspent or weren't spent in a timely manner, Orrick, Herrington & Sutcliffe tax partner Richard Chirls said Wednesday.
By Naomi JagodaJuly 23 -
Rep. Tom Reed, R-N.Y., earlier this month introduced a disaster tax relief bill in the House that includes several bond provisions and is similar to legislation introduced earlier this year in the Senate.
By Naomi JagodaJuly 22 -
Existing home sales rose 2.6% to a seasonally adjusted 5.04 million-unit rate in June from a revised 4.91 million pace the previous month, the National Association of Realtors announced Tuesday.
By Naomi JagodaJuly 22 -
Issuance of private-activity bonds subject to state volume caps declined in 2013 for the third straight year, as PABs face competition from other financing tools, according to an annual survey and market participants.
By Naomi JagodaJuly 21 -
Industrial production rose 0.2% in June, the Federal Reserve reported Wednesday.
By Naomi JagodaJuly 16 -
Janney Capital Markets is concerned that Standard & Poor's ratings for some local governments may be too high and out of step with current credit conditions.
By Naomi JagodaJuly 14 -
The federal government ran a $70.5 billion budget surplus in June, the Treasury reported Friday.
By Naomi JagodaJuly 11 - Maryland
Triple-A rated Maryland later this month will sell about $900 million of general obligation bonds, including up to $100 million of them during its first retail order period since August 2012. The retail period will be held on July 18 and 21.
By Naomi JagodaJuly 10 -
The Long Beach Community College District in California is seeking a settlement with the Internal Revenue Service because of a private-activity bond problem with bonds it issued in 2008.
By Naomi JagodaJuly 9