Difference between revisions of "Build America Bond"
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== Definition == | == Definition == | ||
− | '''Build America Bond''' | + | A '''Build America Bond''' (BAB) is a Taxable [[Municipal Bond]] issued through December 31, 2010 under the American Recovery and Reinvestment Act of 2009 (ARRA). BABs may be direct pay subsidy bonds or tax credit bonds. |
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− | BABs may be direct pay subsidy bonds or tax credit bonds | ||
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[[Category:Bonds]] | [[Category:Bonds]] | ||
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Latest revision as of 14:07, 24 April 2024
Definition
A Build America Bond (BAB) is a Taxable Municipal Bond issued through December 31, 2010 under the American Recovery and Reinvestment Act of 2009 (ARRA). BABs may be direct pay subsidy bonds or tax credit bonds.