Search for a term:

refunding escrows deposits (REDS)


Definition
Forward purchase contracts that require investors to buy bonds at a pre-determined rate when they are issued at a future date. REDS were created to help counteract certain tax regulations placed on tax-exempt prefunding. The future date matches the first optional call date on existing high-rate bonds.

Related Personal Finance Articles

Loading...

refunding escrows deposits (REDS) in the news

Loading...

refunding escrows deposits (REDS) is ...

... part of the Bonds subject.

Search volume for refunding escrows deposits (REDS)

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z