What should issuers, underwriters, and advisors know about working with their team of professionals to complete a bond deal during times of crisis? This interview-style discussion featured a round-robin of advisors divulging the capital markets...

This report details several notable SEC accomplishments in Fiscal Year (FY) 2019. This year’s Agency Financial Report also includes the results of the independent audit of the SEC's FY 2019 financial statements.

This IRS Publication 4078, Tax-Exempt Private Activity Bonds, provides a revised overview of the general federal tax law rules that apply to qualified private activity bonds.

This lesson from the IRS reviews the elements of the different derivative and hedge products used in the municipal market. Derivative structures often involve credit enhancement in various forms. This lesson also reviews the requirements and...

This publication from the IRS describes rules that apply to a particular type of qualified private activity bonds: qualified 501(c)(3) bonds. This Publication also addresses practices and steps an issuer or 501(c)(3) organization can take to protect...

Diane Quan of Hawkins, Delafield & Wood LLP covers the duties of bond counsel in bond deal structures.

Russell Goings of Hutchinson, Shockey, Erley & Co. illustrates how to structure bond deals touching on various topics including repayment sources, security features, credit enhancements, and other tools.

The California Debt and Investment Advisory Commission's (CDIAC) Webinar on the SEC's MCDC Initiative covers steps issuers should take to determine their status, addressing the standard of “materiality," who needs to be involved in the decision...

The California Debt and Investment Advisory Commission's (CDIAC) Webinar on the SEC's MCDC Initiative provide information on the origins of the MCDC Initiative and why it is advantageous for issuers and underwriters to participate, who should...

The California Debt and Investment Advisory Commission's (CDIAC) Webinar on the SEC's MCDC Initiative provide information on the origins of the MCDC Initiative and why it is advantageous for issuers and underwriters to participate, who should...

The California Debt and Investment Advisory Commission's (CDIAC) Webinar on the SEC's MCDC Initiative covers steps issuers should take to determine their status, addressing the standard of “materiality," who needs to be involved in the decision...

Foley & Lardner hosted a web conference with takeaways including, key aspects of the SEC MCDC initiative, potential pitfalls from MCDC participation, and when borrowers should consider taking advantage of the MCDC initiative.

This whitepaper from Norton Rose Fulbright provides a background on the SEC Municipalities Continuing Disclosure Cooperation (MCDC) Initiative, and details on recommended actions and identifying possible violations.

This paper from the Bond Dealers of America is intended to assist state and local governments in understanding the impact that the Municipal Advisor Rule of the SEC has on their sales and purchases of securities through brokerdealers.

Sidley Austin produced this excellent primer for entities interested in accessing the U.S. capital markets. This resource provides an overview of securities regulations and laws, the offering process, compliance obligations, exempt offerings, a...

The IRS Office of Tax Exempt Bonds provided this presentation on arbitrage yield restrictions and rebate compliance. Topics include an arbitrage overview, filing requirements, and the rebate claims process.

The CDFA Bond Finance Resource Center is a one-stop hub for all of the resources, reports, headlines, and projects that CDFA collects and publishes related to bond finance. Find links to resource tags, market reports, original research, upcoming...

The Advanced Bond Finance Reference Guide is written for professionals who already have an understanding of tax-exempt financing and seek detailed instruction on complex financing techniques, including the application of financial derivatives,...

This resources is an excerpt from a CDFA course about Investing Bond Proceeds. Robert Kaplan presented excerpts from the Code of Virginia about public investments and how they can be used.

This is a presentation by Steve Miles about investing bond proceeds. The presentation discusses short-term treasury returns, investment options, as well as investment strategy.