Month: September 2015

Timing Tax Exempt Bond Refundings

By: Jeffrey B. Sahrbeck (HFMA September 2015) Selecting the optimal time to refund tax-exempt bonds can significantly enhance a healthcare organization’s economics, but is dependent on both market factors and timing. Unlike in the taxable world, where bonds are generally non-callable to maturity or include a make-whole call where there is no economic benefit to refunding, … Continued