Nevada § 99.060 - Definitions relating to public securities

§ 99.060. Definitions relating to public securities

1. As applied to bonds or other securities issued by this state or any political subdivision

or municipal or public corporation of this state, “effective interest rate” means

the interest rate based on the actual price paid to the public entity, calculated

to maturity of the obligation according to standard tables of bond values. 2. When used in a limitation of the rate of interest upon such bonds or other securities,

the “Index of Twenty Bonds” and the “Index of Revenue Bonds” refer to these indexes

for municipal bonds as most recently published in the daily or weekly version of The

Bond Buyer, at One State Street Plaza in New York City.