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Get the free General Revenue Bond Anticipation Notes, Series 2017A

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NEW ISSUEBOOKENTRYONLY×400,000,000 BOROUGH BRIDGE AND TUNNEL AUTHORITY (MTA Bridges and Tunnels) General Revenue Bond Anticipation Notes, Series 2017A consisting of×150,000,000 Subseries 2017A$125,000,000 Subseries
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General revenue bond anticipation is a short-term borrowing tool used by state and local governments to obtain temporary financing until a long-term bond can be issued.
State and local governments that plan to issue general revenue bonds are required to file general revenue bond anticipation.
General revenue bond anticipation can be filled out by including information about the issuer, the amount of the bond, and the repayment terms.
The purpose of general revenue bond anticipation is to provide temporary financing for projects until long-term funding can be secured through the issuance of bonds.
Information such as the amount of the bond, the purpose of the financing, and the repayment schedule must be reported on general revenue bond anticipation.
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