What is a Bond Anticipation Note?
/Bond anticipation notes are interim financings that allow California school and community college districts to access capital if their ability to issue general obligation bonds is limited.
Read MoreBond anticipation notes are interim financings that allow California school and community college districts to access capital if their ability to issue general obligation bonds is limited.
Read MoreTreasury rates increased across the board this week with the exception of the 3-year treasury rate, which saw a slight decline of 0.01%.
Read MoreShort-term treasury rates increased, however 1 month to 6 month rates remain close to 0%, and long-term treasury rates declined for a second week in a row.
Read MoreCertificates of participation can be utilized by California school and community college districts as an alternative financing option to general obligation bonds.
Read MoreLong-term treasury rates declined significantly while 1 to 6 month treasury rates remained near 0%.
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Chet Wang is a registered municipal advisor with an exclusive focus on California education municipal bonds.
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