What are Bond Anticipation Notes (BANs) and How Do They Work?

Learn about Bond Anticipation Notes (BANs), short-term securities issued ahead of larger bonds, used by municipalities to fund projects quickly and efficiently.
Business Wire

Supervest Launches Short-Term Notes with a 10% Annualized Yield

NEW YORK--(BUSINESS WIRE)--Supervest has recently launched an exciting new investment opportunity, Short-Term Notes, offering a target annualized yield of 10% and a term of 12 months. This investment ...
International Monetary Fund

Flexible Credit Line and Short-Term Liquidity Line - Operational Guidance Note

This note provides operational guidance on the use of the Flexible Credit Line (FCL) and the Short-Term Liquidity Line (SLL). After an overview of each instrument, explaining its specific nature, the ...
Los Angeles Times

State’s $8.8 billion in short-term notes get high ratings

Two major credit-rating firms gave California high ratings Monday on $8.8 billion of short-term notes that Treasurer Bill Lockyer plans to sell next week. Moody’s Investors Service graded the debt MIG ...
The Bond Buyer

Note issuance falls 25.6% in 2022

Municipalities relied less on interim financing in 2022, which triggered a 25.6% decline in short-term note issuance, resulting in historically low volume for the year, according to municipal sources.