Issue Price At Issue For BABs

10/7/2010 6:06 PM

The Treasury Department’s associate tax legislative counsel suggests there will be changes in the rules for calculating the original issue price for Build America Bonds to better reflect how bonds trade in the secondary market.   Regulations concerning remedial actions for non-compliant BABs are also in development.

 

http://www.bondbuyer.com/issues/119_442/treasury_babs-1018270-1.html