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Build America Mutual Assurance Company (stylized as Build America Mutual or BAM) is a mutual, monoline bond insurer of essential public-purpose U.S. municipal bonds. Since its inception in July 2012, the company has insured more than $65 billion in par amount for more than 3,300 member-issuers.
Build America Bonds can provide states and localities with substantial savings on their borrowing costs. According to the United States Department of the Treasury, the savings for a 10-year bond are estimated to be 31 basis points and the savings for a 30-year bond are estimated to be 112 basis points versus traditional tax-exempt financing. [5]
In 1983, Timber Hill created the first handheld computers used for trading. As Peterffy explained in a 2016 interview, the battery-powered units had touch screens for the user to input a stock price and it would produce the recommended option prices, [7] [8] [9] and it also tracked positions and continually repriced options on stocks. [9]
An inverter-based resource (IBR) is a source of electricity that is asynchronously connected to the electrical grid via an electronic power converter ("inverter"). The devices in this category, also known as converter interfaced generation ( CIG ), include the variable renewable energy generators (wind, solar) and battery storage power stations ...
Bromine trifluoride (BrF 3) is a yellow-green liquid that conducts electricity — it self-ionises to form [BrF 2] + and [BrF 4] −. It reacts with many metals and metal oxides to form similar ionised entities; with other metals, it forms the metal fluoride plus free bromine and oxygen ; and with water, it forms hydrofluoric acid and ...
The IBR Plan has different terms and conditions depending on when the student borrowed. If the borrower is a "new borrower" on or after July 1, 2014, then the borrower will have payments that are generally 10% of discretionary income, and forgiveness is provided for after 20 years of qualifying payment. [ 2 ]
Iodine monobromide is an interhalogen compound with the formula IBr. It is a dark red solid that melts near room temperature. [1] Like iodine monochloride, IBr is used in some types of iodometry. It serves as a source of I +. Its Lewis acid properties are compared with those of ICl and I 2 in the ECW model. It can form CT adducts with Lewis ...
The Strela-2M replaced the Strela-2 in production lines immediately. Improvements were made particularly to increase the engagement envelope of the new system: [7] Higher thrust propellant increased slant range from 3.4 to 4.2 km (2.1 to 2.6 mi) and ceiling from 1.5 to 2.3 km (0.93 to 1.43 mi)