For bond issuers who issued bonds in late 2020 or early 2021, the end of the initial 3-year temporary period marked a critical juncture. If proceeds remained at this 3-year mark, a yield restriction calculation is required on the 5th year filing date. Performing interim yield restriction calculations now can help you stay ahead of …
Interest Rates Are On The Rise Addressing yield restriction in your jurisdiction is an important step toward staying compliant and avoiding unexpected rebate obligations. You’ve probably heard about rising interest rates in this country. Unless you’ve been on a year-long sabbatical in the Amazon. If so, welcome back. Early in 2022, the Federal Reserve, through …