Bond Anticipation Notes. Bond anticipation notes are issued to provide interim financing until long-term financing can be arranged. The long-term bonds that are issued typically also provide the money for the repayment of the notes.
Appears in 5 contracts
Samples: Statement of Additional Information (Oppenheimer New York Municipal Fund), Statement of Additional Information (Oppenheimer California Municipal Fund), Statement of Additional Information (Oppenheimer California Municipal Fund)
Bond Anticipation Notes. Bond anticipation notes are issued to provide interim financing until long-term financing can be arranged. The long-term bonds that are issued typically also provide the money for the repayment of the notes. |_| Construction Loan Notes. These are sold to provide project construction financing until permanent financing can be secured. After successful completion and acceptance of the project, it may receive permanent financing through public agencies, such as the Federal Housing Administration.
Appears in 1 contract
Samples: Statement of Additional Information (Oppenheimer Multi-State Municipal Trust)
