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California Debt and Investment Advisory Commission Arbitrage Compliance for Bonds

California Debt and Investment Advisory Commission Arbitrage Compliance for Bonds. February 3, 2011. What is Arbitrage?. Simultaneous Transactions to Exploit Difference in Yield or Price of Securities Make Arbitrage by Borrowing at Tax-Exempt Rate, and Investing at Taxable Rate.

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Variable rate issue - PowerPoint PPT Presentation

California Debt and Investment Advisory Commission Arbitrage Compliance for Bonds