bond-basics

Put Bond

A Bond that gives the bondholder the right to sell, or put, the Bond to the Issuer or some other party, often a remarketing agent, under specific conditions.  Put Bonds are ordinarily put to the Issuer or remarketing agent at 100% of the Par Value of the Bonds. 

Hudson Yards Rail Yards

Start with the Bond Basics

Tax Cuts and Jobs Act (TCJA) of 2017

Congress passed the Tax Cuts and Jobs Act (TCJA) in 2017. The large tax bill passed under reconciliation rules made major changes to the Internal Revenue Code (IRC), including the elimination of tax-exempt advance refunding bonds.