Recently Ziegler held a webinar for Charter school borrowers covering two topics:
- Market update: The latest on interest rates from Ziegler’s trading desk. The Fed, Inflation, the national debt and the impact of the upcoming election.
- Arbitrage Rebate 101: Every five years tax-exempt borrowers must complete a rebate analysis, to determine if any of their trustee held accounts are earning a rate of interest greater than the arbitrage yield on their bonds. Given the rise in short-term interest rates, most Bond Trustee accounts are now paying north of 5.0%. Chris Berens, with Berens-Tate Consulting Group, an organization that specializes in this topic provided a primer on what a rebate report is, and things you need to look out for in the current rate environment.
Recording Date: Thursday, May 23, 2024
Duration: 49 Minutes
Presenters
ADAM BUCHANAN
Director, Head Underwriter, Ziegler Capital Markets
SCOTT ROLFS
Managing Director, Head of Ziegler K-12 & Charter School Finance
CHRIS BERENS
President, Berens-Tate Consulting Group