NBB acquired the Nuveen Build America Bond
Opportunity Fund (NYSE:NBD), which was completed on 19 November 2018.
Her plans to increase taxes on the wealthiest Americans, revive Build America Bond
program and increase spending on infrastructure would increase demand for these bonds, whose interest payments are tax-free, while they would also increase and diversify supply.
Build America Bond
(BAB)--The American Recovery and Reinvestment Act (ARRA) added IRC section 54AA to enable State and local governments to issue bonds for authorized purposes to promote economic recovery and job creation.
11 November 2013 - New York-based investment management firm BlackRock (NYSE: BX) BlackRock Advisors LLC unit said that the board of trustees of BlackRock Build America Bond
Trust (NYSE: BBN) has approved an extension of the Trust's Contingent Review Provision until December 31 2016.
ARRA 2009 created the new Build America Bond
program (under IRC Section 54AA), which authorizes state and local governments to issue Build America Bonds
as taxable governmental bonds in 2009 and 2010 to finance any governmental purpose for which tax-exempt governmental bonds could be issued.
The Build America Bond
programme authorises state and local governments to issue Build America Bonds
(BAB) as taxable municipal bonds in 2009 and 2010 to finance any governmental purpose for which they otherwise could issue tax-exempt government bonds (other than private activity bonds).
He also said the town could look into a Build America Bond
, under which the federal government pays 35 percent of the interest.
Talent and Ron Wyden (D-Oregon) to create a non-profit Build America Bond
The federal government should honor its commitment and protect Build America Bond
payments to issuers in case of sequestration (Section 6431(b)).
Two Nuveen closed-end funds, NYSE Nuveen Build America Bond
Fund (NYSE:NBB) and NYSE Nuveen Build America Bond
Opportunity Fund (NYSE:NBD) reported on Tuesday their pre-merger distributions of USD0.0323 and USD0.0195 per share, respectively.
Two active ETFs closed last year -- Guggenheim Enhanced Bond (GIY) and Pimco Build America Bond
David O'Malley, chief operating officer of Penn Mutual Life Insurance Company and chief executive officer of Penn Mutual Asset Management, is one life asset manager whose company's interest in the municipal bond sector was driven in part by the Build America Bond