My name is Bond, Airport Bond

Common in the US as a means of raising finance for airport infrastructure projects that aren’t wholly covered by FAA grants – although their value had been diminished by the imposition of the Alternative Minimum Tax until relief was provided last year – bonds are presently experiencing a resurgence in interest in other parts of the world. [2580 words]

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This report contains the following subheadings:

• Miami quick to react
• USD5.4 billion in AMT exempt bonds sold to date
• FAA Reauthorisation Bill still not approved
• Bond fever
• Largest corporate index-linked in the Sterling market in two years...
• ...And more to come?
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