|
gptkbp:instanceOf
|
gptkb:bridge
|
|
gptkbp:benefit
|
lower borrowing costs for issuers
|
|
gptkbp:created
|
gptkb:American_Recovery_and_Reinvestment_Act_of_2009
|
|
gptkbp:eligibleIssuer
|
gptkb:local_government
gptkb:state_order
|
|
gptkbp:expirationReason
|
program not renewed by Congress
|
|
gptkbp:feature
|
federal subsidy to issuers
|
|
gptkbp:federalSubsidyPaidTo
|
issuer
|
|
gptkbp:finalDate
|
December 2010
|
|
gptkbp:firstIssueDate
|
April 2009
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Build America Bonds
|
|
gptkbp:interestPaidBy
|
issuer
|
|
gptkbp:interestTaxStatus
|
taxable
|
|
gptkbp:introduced
|
gptkb:United_States_Treasury
|
|
gptkbp:introducedIn
|
2009
|
|
gptkbp:investedIn
|
institutional investors
foreign investors
|
|
gptkbp:issuedBy
|
gptkb:New_York_City
gptkb:State_of_Texas
gptkb:State_of_California
|
|
gptkbp:purpose
|
stimulate economic activity
help state and local governments finance capital projects
|
|
gptkbp:relatedTo
|
municipal bonds
tax credit bonds
|
|
gptkbp:status
|
no longer issued
|
|
gptkbp:subsidyRate
|
35%
|
|
gptkbp:totalIssued
|
over $180 billion
|
|
gptkbp:type
|
taxable municipal bond
|
|
gptkbp:bfsParent
|
gptkb:Public_Law_111-5
|
|
gptkbp:bfsLayer
|
7
|