Arkansas Bonds (Arkansas Municipal Bonds)

By: EconomyWatch Content   Date: 6 November 2009

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Municipal bonds are debt securities issued by various government agencies. These bonds are not subject to Federal income tax. Although municipal bonds are subject to taxes by the local and state governments, most states exempt their own bonds from the state’s own taxes.

 

There are usually two ways to buy Arkansas Municipal Bonds:

 

·        To purchase new issues: A new issue is a new bond issued by the state or local government entity. In addition, there are some buying restrictions on a new bond. Coupons are typically not set until after the bond is issued.

 

·        To purchase in secondary markets: Usually, municipal bonds have a fixed maturity date before which it cannot be redeemed. Instead, the investor can sell the bond and its remaining interest payments in the open market. Typically, the investor’s broker will purchase the bond either through their own bond desk, or through a third-party bond desk.

 

Arkansas Bonds (Arkansas Municipal Bonds): Various Trades

Energy Arkansas: Energy Arkansas received a bond of $100 million in June 2000, due in November 2032, from the State of Arkansas. The deal was underwritten by Salomon Smith Barney, while Morgan Stanley and Banc One Capital Markets Inc were the chief investment banks involved.

 

Arkansas Development Finance Authority: Standard and Poor’s has given an ‘A’ long-term rating to Arkansas Development Finance Authority with series 2009A, 2009B and 2009C Industrial Development Revenue Bonds. The ratings are stable.

 

Arkansas Bonds (Arkansas Municipal Bonds): Role of Security Attorneys

In today’s volatile economic climate, attorneys dealing with Arkansas municipal bonds and other related securities need a reliable source of information where they can view the latest information and assess their strategies. The Securities and Exchange Commission (SEC) administers Federal security laws. The SEC regulates the way stocks and bonds are traded, sold, issued and brokered.

 

Security attorneys can help an investor by assessing the market and file for claims, should any mishap occur. The lawyer can also assist the investor by guiding him/her through the complex maze of SEC guidelines and procedures. In addition, a securities lawyer also helps in preventing securities fraud, such as:

·        Providing False Information

·        Stock Manipulation

·        Lying to Auditors

·        Insider Trading

·        Late-Trading Schemes

·        Unauthorized Trading

·        Breach of Fiduciary Duty

·        Broker Embezzlement

 

 


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