Alamo Capital offers secondary liquidity on Build American Bonds (BABs).  We have specialized in fixed income investing since 1987.  We have an in-house fixed income trading desk that is focused in maintaining a competitive Build America Bond inventory.

Build America Bonds (BABs), are Federally Taxable but State tax exempt municipal bonds. Build America Bonds are debt securities issued by a state, municipality or county to finance capital expenditures. Like municipal bonds, these bonds are secured by the municipality that issues the bonds.  These bonds were only issued for a certain time period, so availability in the secondary market is limited.

There are two kinds of Build America Bonds (BABs):

Tax Credit BABs

  • BABs issuers receive a subsidy from the federal government. (More popular and is the structure for most BABs)

Direct Payment BABs

  • BABs holders receive a tax credit equal to 35% of the interest on the bond each year from the federal government

 

Alamo Capital offers secondary liquidity on BABs and offerings can be found on BOLTS.  To view our Bond On-Line Trading System inventory, please click here.

Contact Us:

If you are interested in learning more about BABs, please contact an Alamo Capital Bond Specialist by calling (877) 68-ALAMO – or – (877) 682-5266 or email [email protected].