New Security for Municipalities Allows Long-Term Borrowing at Short-Term Rates | Practical Law

New Security for Municipalities Allows Long-Term Borrowing at Short-Term Rates | Practical Law

An update on the new "Windows" securities being offered by various banks to municipalities which allows for long-term borrowing at short-term interest rates.

New Security for Municipalities Allows Long-Term Borrowing at Short-Term Rates

Practical Law Legal Update 5-386-4304 (Approx. 2 pages)

New Security for Municipalities Allows Long-Term Borrowing at Short-Term Rates

by PLC Finance
Published on 16 Jun 2009 • USA (National/Federal)
An update on the new "Windows" securities being offered by various banks to municipalities which allows for long-term borrowing at short-term interest rates.