An illegal practice in which an underwriter places excessive markups on bonds used to complete some types of municipal bond offerings. By marking up the price, the yield will fall, which is known as "burning" the yield.
Related information about yield burning:
- Yield Burning - Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia. Jump to: navigation, search. Yield burning is a form of financial fraud involving the United States municipal bond market.
- Yield Burning Definition | Investopedia
The illegal practice of underwriters marking up the prices on bonds for the purpose of reducing the yield on the bond. This practice, referred to as "burning the ...
- Yield Burning
The key area that those IRS auditors are focusing on is a practice known in the trade as "yield burning," a more subtle transgression than pay-to-play but far ...
- yield burning - Internal Revenue Service
Valuation of Government Securities – Yield Burning. 107. VALUATION OF GOVERNMENT SECURITIES - YIELD BURNING by. Allyson Dodd. 1. Introduction ...
- Yield Burning - Securities and Exchange Commission
FOR IMMEDIATE RELEASE 2000-45 SEC Settles With Ten Brokerage Firms As Part of Global Resolution of Yield Burning Claims Total Recovery to Date ...
- What is yield burning? definition and meaning
Definition of yield burning: An illegal practice in which an underwriter places excessive markups on bonds used to complete some types of municipal bond ...
- Municipal bonds ("yield-burning") | Phillips & Cohen LLP ...
In the municipal bond market, some investment banking firms engaged in fraudulent schemes known as "yield-burning," where they charged excessive prices for ...
- Yield Burning - Financial Dictionary - The Free Dictionary
A municipal bond financing method. Underwriters in advance refundings add large markups on US Treasury bonds bought and held in escrow to compensate ...