Bond
Evidence of the borrowing by an issuer and a debt instrument for tax purposes.
bond-basics
Conduit Bonds
Bonds issued by an Issuer in a Conduit Financing.
All the Bonds
Learn more about the various types of municipal obligations you may encounter.
See Also
Conduit Financing
Financing in which the Issuer issues the bonds to finance a project to be used primarily by a third party.
Conduit Issuer
The issuer in a conduit financing.
Conduit Borrower
The private business that either receives the proceeds of the tax-exempt bonds through a loan by the issuer to fund all or a portion of a capital project or leases the facility financed with the proceeds of the tax-exempt bonds.
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Hundreds of Terms and Concepts
Tender
An offer by a bondholder to sell bonds to the issuer at a stated price, often in response to the issuer’s solicitation of, or request for, tenders.