Tax Anticipation Note

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf Short-term debt security
gptkbp:abbreviation gptkb:TAN
https://www.w3.org/2000/01/rdf-schema#label Tax Anticipation Note
gptkbp:issuedBy gptkb:local_government
gptkbp:mainInterest Usually fixed rate
gptkbp:market Municipal securities market
gptkbp:maturation Usually less than one year
gptkbp:purpose Cover cash flow shortfalls
Finance current operations
gptkbp:relatedTo Bond Anticipation Note
Grant Anticipation Note
Revenue Anticipation Note
gptkbp:repaidWith Future tax receipts
gptkbp:riskFactor Low risk
gptkbp:taxStatus Interest often exempt from federal income tax
gptkbp:type Municipal bond
Municipal note
gptkbp:bfsParent gptkb:TAA
gptkbp:bfsLayer 6