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NEW ISSUE BOOK ENTRY ONLYMoodys: AAA Standard & Poor: AAA Fitch: AAA (See RATINGS herein.) Interest on the 2011A Bonds is includible in gross income of the owners thereof for federal income tax purposes.
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New issues book-entry only refers to securities that can only be held and transferred electronically, without the use of physical certificates.
The issuer or underwriter of the securities is required to file new issues book-entry only.
To fill out new issues book-entry only, the issuer or underwriter must provide all necessary information electronically to the designated depository or institution.
The purpose of new issues book-entry only is to streamline the issuance and transfer of securities by eliminating the need for physical certificates.
The information required to be reported on new issues book-entry only includes details about the securities being issued, the issuer, underwriter, and any other relevant information.
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