Bank Qualified (Bank Eligible)


Bank Qualified (Bank Eligible) : Refers to issues from municipalities issuing no more than $10,000,000 of general debt and lease obligations annually. Certain financial institutions are allowed to deduct 80% of the interest expense associated with such issues, thereby increasing the demand for the issue among investors
No records Found
afaatim.com copyright © April 2016 Dr.K.R.Kamaal. All rights reserved