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 Revenue Bonds, Series 2014A IBBA Revenue Bonds 2014-2025

Hud Recertification S PDF 2014-2025 Form

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Instructions and help about hud form 50059

in this video we're gonna talk about pre refunded bonds which are a type of municipal bond that are backed by US Treasury bonds so it might seem unusual to see that a municipal bond is actually backed by US Treasuries so let's walk through an example let's say that you've got a school district that on 2019 they're gonna issue a 30-year bond and it's gonna be a five point five percent interest rate but it's gonna be callable in ten years so we'll say that in two thousand twenty-nine January 1st 2029 this is gonna be callable otherwise the bond would mature in two thousand 49 because it's a 30-year bond so we'll call this bond issuance we'll call it bond issue a and that a is does not refer to the rating we're just gonna call it bond issue a bond issue 2.0 whatever is convenient for 2024 five years later the interest rates have dropped the school district decides to refinance and now they&

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