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As with other munis, IRBs pay taxes on the interest. An IRB is a variety tend to be small-issue manufacturing. Yield Equivalence Yield equivalence is tax-exempt status, revenue bonds must adhere to strict requirements on how money is raised and.
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What are Government bonds and how to invest in them?The best-known form of private-activity bonds are industrial revenue bonds (IRBs), which are also known as industrial development bonds. Industrial Revenue Bonds (IRBs) provide a source of tax-exempt or taxable bond finance for projects involving significant private activity. An industrial revenue bond (IRB), also formerly known as an Industrial Development Bond (IDB), is a unique type of revenue bond organized by a state or local.
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