Closing Index

An index of all documents (including the basic documents, the proceedings of the Issuer to authorize the Bonds, all security documents, Closing certificates, opinions) to be delivered at a Closing and included in the Closing Transcript.

See Also


The date of delivery of a new issue of bonds, at which time the issuer delivers the bonds and the requisite legal documents to the underwriter or other bond purchaser in exchange for the purchase price.

Closing Memorandum

A narrative form of, or adjunct to, the closing index describing the participants, their roles in the financing, flow of funds on the date of the closing, closing instructions and the documents for which the transaction participants are responsible.

Closing Transcript

The final record of all executed documents delivered at the closing or shortly thereafter as a bound transcript or in electronic form.

Hudson Yards Rail Yards

Start with the Bond Basics

Hundreds of Terms and Concepts

Budget Reconciliation

A procedure used by the U.S. Congress to amend federal revenues and expenditures more easily than possible under normal order.