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Arbitrage Rebate Compliance

The New Jersey Environmental Infrastructure Trust assumes responsibility of complying with federal arbitrage requirements for each borrower in the financing program.

What is arbitrage? Arbitrage, in the context of municipal securities, is the difference between the rate at which the proceeds were borrowed and the rate at which the proceeds were invested. Most local governments can borrow funds at tax-exempt rates by issuing municipal bonds. They can invest the funds received

Some topics in this essay:
IRS Trust, Infrastructure Trust, Tax Regulations, arbitrage rebate, issuing municipal bonds, tax-exempt securities, arbitrage rebate compliance, fund account, rebate compliance, trust staff, taxable securities, rate proceeds, municipal bonds, issuing municipal, bond proceeds,

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Approximate Word count = 344
Approximate Pages = 1 (250 words per page double spaced)


  

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