Office of the Rhode Island General Treasurer
Treasurer Caprio Announces Sale of Tax Anticipation Notes
Published in Lab Law Weekly, August 14th, 2009
"TANs are used to cover operating costs in the state budget through the fall and winter months, until the larger corporate and individual tax collections arrive in the spring," said Treasurer Caprio. "In the past, we have been very successful in offering these bonds and they have proved popular with both local retail and the larger institutional investors," said Caprio.
In fiscal year 2009, the State of Rhode...
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Source: Lab Law Weekly (2009-08-14)
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