The Internal Revenue Service's tentative decision that the Village Center Community Development District in Florida is not a political subdivision could have far-reaching effects on special purpose districts set up for municipal bond issues nationwide.
NABL Warns IRS Decision on CDD in Florida Could Have Far-Reaching Impact
NOV 2, 2012 3:10pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY