The Advanced Bond Finance Course is designed for professionals who already have an understanding of tax-exempt financing and seek detailed instruction on complex financing techniques. Expert speakers will explore topics including the application of financial derivatives, advance refundings, investing bond proceeds, and how to spot arbitrage issues. This course is an ideal opportunity to enhance your knowledge and maximize your community's ability to finance economic development using tax-exempt bonds.

For professionals who are interested in learning the basics of bonds, CDFA offers an Intro Bond Finance Course.

This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Join us online, and start down the road to personal and professional advancement today.

Course Objectives Understand trends and forces impacting today's volatile bond market Examine key principles of interest rate swaps, when to consider them, and the risks and benefits associated with swaps Discover best practices for negotiating professional fees in a bond transaction Learn about investing bond proceeds, spotting arbitrage issues, calculating yield, and advance refundings Hear from representatives at the IRS and MSRB about current regulatory matters in the bond markets Discuss various forms of credit enhancement and the availability of this form of financing given current market conditions Hear expert panelists explain common challenges in bond transactions and how to overcome them

Topics Covered IRS and financial markets update Interest rate swaps Arbitrage and rebate concepts Advanced refundings Credit enhancement techniques MSRB rules and disclosure requirements Investing bond proceeds

Who Should Attend? Bond Issuers Economic Development Professionals Community Development Professionals Brokers/Dealers and Underwriters Elected Officials Government and Nonprofit Finance Officers Corporate Trustees Legal Counsel Underwriters Commercial Bankers Accountants

Course Advisor

Mitchell Smith Council of Development Finance Agencies Senior Director, Government & External Affairs Mitchell Smith is the Senior Director of Government and External Affairs at the Council of Development Finance Agencies. Previously, Mitchell worked for the Ohio Legislative Service Commission on the education research team and served as the... committee staffer for the House of Representatives Primary and Secondary Education Committee. There, Mitchell drafted legislation and completed legal research on behalf of the Ohio General Assembly. A native of Bentonville, Arkansas, Mitchell attended the University of Arkansas – Fayetteville, where he received his B.A. in American Studies and Political Science in 2009 and was a punter for the Razorbacks. He went on to complete his M.A. in American History and then relocated to Ohio University to complete a Ph.D. in American History. His specialization is in American diplomatic history, politics, and culture. (More)

The Advanced Bond Finance Course will take place on Zoom. The course will meet each day from 12:00-5:00 PM Eastern. Attendees must have access to a computer and the internet to attend the course.

This training course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Start down the road to personal and professional advancement today.

Scholarships are available to attend this event. Learn more about the CDFA Scholarship Program, and submit your application today.

CDFA permits only one person to log in and participate in the course. If multiple people are accessing the course without paying to attend, we will terminate the connection and access. CDFA offers group discounts for organizations that wish to register multiple people.

Register by ____ for Early Bird Rates.

Early Bird Rates (Ends February 16) CDFA Member: $550 Non-Member: $825

Standard Rates (After February 16) CDFA Member: $600 Non-Member: $875