Series 50: Direct Pay BABs

Taken from our Series 50 Online Guide

Direct Pay BABs

Build America Bonds come in two types, depending on how the federal subsidy is paid: a direct payment or a tax credit. With a direct pay BAB, the federal government reimburses the issuer 35% of the interest

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I haven't taken an exam in about 15 years and I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The material was extremely thorough and comprehensive. The online questions, quizzes and exams were very comparable in difficulty to the actual exam, thus providing the foundation for my success. Thank you for your guidance.

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