Special Report
2008 In Statistics - Year End Review
Putting It All Together Again
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As BAB Deluge Eases, Projected Volume Slips to $2.49 Billion
By Christine Albano | Aug 31Call it the calm after the storm of taxable Build America Bond issuance.
MSRB Reminds Dealers of BAB Yield Confirmation Disclosures
By Andrew Ackerman | Aug 27The Municipal Securities Rulemaking Board has issued a technical notice reminding dealers of the different types of yields they must disclose on trade confirmations for Build America Bonds with structures designed to attract investors in corporate securities.
Texas, California Take Big Bite of BAB Subsidies
By Peter Schroeder | Aug 25Texas and California account for nearly half of the $14.6 billion in direct-pay BAB subsidy payments that the Treasury Department is already committed to paying issuers for the $24.1 billion of BABs they have issued during the past few months, according ... [Free]
Wells Fargo Launches BAB Index
By Dan Seymour | Aug 25NEW YORK - Wells Fargo & Co. has launched an index tracking the performance of Build America Bonds, the hottest sector in government finance.
BUILD AMERICA BONDS
Deutsche Seeks to Oversee Direct-Pay BABs
By Peter Schroeder | Aug 21WASHINGTON - Deutsche Bank Trust Company Americas is urging the Internal Revenue Service to simplify and streamline the direct-pay Build America Bonds program by appointing it as a central administration agent for the program.
Nearly All Yields Decline Amid Slew of BAB Deals
By Michael Scarchilli | Aug 21Nearly all The Bond Buyer's weekly yield indexes declined this week as the primary market took center stage, predominantly with a slew of Build America Bond issuance, amid mostly light secondary market trading.
Munis Unchanged as BABs Come Through
By Michael Scarchilli | Aug 20The municipal market was largely unchanged with a firmer tone in light secondary market trading, as several of the week's largest new issues of Build America Bonds were priced in the primary market.
Indiana's Purdue to Sell $50M of COPs: Tax-Exempt and BABs
By Caitlin Devitt | Aug 20CHICAGO - Indiana's Purdue University plans to enter the market next week with roughly $50 million of certificates of participation divided into a tax-exempt tranche and a taxable series that will be issued under the Build America Bonds program.
BABs Continue to Move, With More Than $2B on Calendar
By Christine Albano | Aug 17The municipal market will get another significant dose of Build America Bonds this week when more than $2 billion of the taxable securities are expected to arrive in the primary market as part of an estimated $7.26 billion in total new-issue volume, according to Ipreo LLC and The Bond Buyer.
Armed with BABs, Texas Brings Big Volume to Market
By Richard Williamson | Aug 17DALLAS — Bolstered by taxable Build America Bonds, Texas issuers are planning for what may be their highest volume week so far this year.
