| Articles for August 6, 2008: |
| School Bond Rating Upgrade |
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When Standard & Poor's raised the state of Indiana's bond rating from "AA+" to "AAA" in July, the upgrade caused the Indiana State Aid Intercept Program's rating to increase from "AA" to "AA+", leading to an upgrade of many school corporations' bond ratings.
To read the full article, please click on Full Article below. |
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| Five Keys to Successfully Managing Your Arbitrage Rebate Calculation |
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This article is the first in a series on arbitrage.
The term "Arbitrage" should not make tax-exempt bond issuers nervous. If you follow a few simple rules when issuing the bonds and when allocating the proceeds among the various funds, the arbitrage calculation process should be much smoother and less costly.
To read the full article, please click on Full Article below.
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CIRCULAR 230 DISCLOSURE:
To ensure compliance with U.S. Treasury Department Regulations, we are required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties. |
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