bond-basics

Master Trustee

A Trustee specifically acting in such capacity with respect to a Master (Trust) Indenture.

Life’s a Party

Learn more about the various parties involved in a municipal securities transaction and their roles.


See Also

Master (Trust) Indenture

A type of indenture which permits the issuance from time to time of one or more series of bonds under the same indenture in addition to the initial series of bonds.

Hudson Yards Rail Yards

Start with the Bond Basics

Host Approval

Approval by the governmental unit in the geographic jurisdiction which contains the site of the project to be financed by a private activity bond issue, as required by TEFRA.