A municipal bond created to lower the cost of state and local borrowing. BABS were part of the 2009 American Recovery and Reinvestment Act and are available in either tax credit bonds or direct payment bonds.
Related information about Build America Bonds (BABs):
- Build America Bonds - Wikipedia, the free encyclopedia
Build America Bonds are taxable municipal bonds that carry special tax credits and federal subsidies for either the bond issuer or the bondholder. Build America ...
- Build America Bonds
May 16, 2011 ... Build America Bonds (BABs) address that by providing state and local governments with a new, direct federal payment subsidy for a portion of ...
- Build America Bonds (BABs) Definition | Investopedia
Build America Bonds (BABs) were introduced in 2009 as part of President Obama's American Recovery and Reinvestment Act to create jobs and stimulate the ...
- Build America Bonds: Should You Buy?
Sep 16, 2010 ... Build America Bonds (BABs), which were included in the American Recovery and Reinvestment Act signed into law by President Obama on ...
- Build America Bonds (BABs) - Investing In Bonds
Unlike municipal bonds which are usually tax exempt, Build America Bonds ( BABs) are a new type of bond that pays interest which can be taxed; issuers can ...
- Build America Bonds: Beautiful if You're Not Rich - Seeking Alpha
Mar 10, 2010 ... The Journal is out today with an article on the growing market for—and criticism of—Build America Bonds. BABs, as they are known, are a ...
- Build America Bonds (BABs)
Build America Bonds (BABs) were created by the ARRA, and are described by the IRS in Notice 2009-26 of April 3, 2009. According to the IRS, “This new ...
- Time to Kill Build America Bonds (BABs) - Mish's Global Economic ...
Dec 13, 2010 ... In response to Exceptionally Strange Bedfellows; More Cookies! Oh Boy! I received an email from a former municipal bond trader "FMBT" for ...