Commercial Bank Underwriting of Municipal Revenue Bonds : A Summary of the Issues.

Describes arguments for and against commercial bank underwriting of municipal revenue bonds, focusing on competition and economic concentration, conflicts of interest, and the potential effect on bond interest rates. Summarizes legislative proposals to allow underwriting of revenue bonds.

Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 1979-1980.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Describes arguments for and against commercial bank underwriting of municipal revenue bonds, focusing on competition and economic concentration, conflicts of interest, and the potential effect on bond interest rates. Summarizes legislative proposals to allow underwriting of revenue bonds.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.