Y

yield

• yield
• yield to call
• yield to maturity
• yield verification consultant
• taxable equivalent yield
• i.4.2.4 Decision #4 – Select an interest rate type
• 2.1 Overview
  Factors determining structure, including issuer, term, source of repayment, and debt limits.
• 2.2.2.1 Long-Term, Fixed-Rate Debt
• 2.4.7 Investments
  Decisions regarding the investment of proceeds
• 3.3.4 TRANs and RANs
  Tax and revenue anticipation notes (TRANs) and revenue anticipation notes (RANs) may be used to finance current fiscal year expenses.
• 3.5 Tax Treatment of Municipal Bonds
  A bondholder’s “after tax” return on a bond depends in part upon how interest on the bond is treated in calculating the bondholder’s income for federal and state income tax purposes.
• 4.4.1 Issue Sizing and Term
  Limits on issue size and term pursuant to the Tax Code.
• 4.6.2 Private Security or Payment Test
  One of several tests of private activity or benefit.
• 4.8.1 General Background on Arbitrage Yield Restriction
• 4.8.2.2 Expenditure of Gross Proceeds
• 4.8.3 Yield
  The yield on a bond issue defined.
• 4.8.3.1 Fair Market Value Rules
• 4.8.3.2 Guaranteed Investment Contracts
• 4.8.4 Arbitrage Yield Restriction Exceptions
  Important exceptions to this yield restriction rule.
• 4.8.4.1 Initial Temporary Period
• 4.8.4.3 Reserve Funds
• 4.8.4.4 Other Exceptions
• 4.8.5 Yield Restriction; Yield Reduction Payments
  Payments made to the U.S. Treasury when the yield on unexpended bond proceeds exceed limits in Tax Code.
• 4.9 Arbitrage Rebate
  The requirement that arbitrage earning must be rebated to the federal government.
• 4.9.2 Penalty in Lieu of Rebate
• 5.3.1 Advantages of a Negotiated Public Offering
• 5.3.4 Pricing of a Negotiated Public Offering
• 8.3 Post-Issuance Federal Tax Law Requirements
  Compliance with tax covenants contained in the Tax Code is required while the bonds are outstanding in order to maintain the bonds’ “tax exempt” status.
• 8.3.4 Monitoring Investment Income and Arbitrage Compliance
• 8.3.5 Arbitrage Rebate
• 8.3.6 Recordkeeping and Retention
• 9.3 Investment Authority and Controlling Documents
  Investment authority and controlling documents regarding the investment of bond funds.
• 9.4.1 Permitted Investments
  Types of investment vehicles that may be used to invest bond funds.
• 9.4.2 Investments Specific to Bond Funds
• 9.5.1 Arbitrage Rebate and Yield Restriction
• 9.5.2 Investment Considerations
  Issuer considerations regarding investment of bond funds.
• 9.6 Investment Review and Oversight
  The importance of review and oversight in the management of bond fund investments.
• B.1.3.1.3 Policy Considerations for Issuing GO Bonds