NABL Submits Comments on Derivatives to Treasury Dept

McConnell, Alison L.
April 2006
Bond Buyer;4/17/2006, Vol. 356 Issue 32361, p1
Trade Publication
The article reports on the comments of the National Association of Bond Lawyers (NABL) regarding bond issuance rules in New York. The NABL task force pointed out that issuers should have a maximum of three months to make payments associated with simple integration of interest rate swaps with tax-exempt bonds, and should be able to make yield reduction payments to comply with yield restriction rules.


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