Arbitrage Rebate

For most tax-exempt bonds, Arbitrage Rebate services are needed to ensure that an agency is operating in accordance with IRS regulations.

NBS offers such Arbitrage Rebate Compliance services through BLX Group LLC, a subsidiary of the law firm of Orrick Herrington. BLX Group, LLC is the largest provider of arbitrage compliance services in the country, having prepared more than 10,000 arbitrage analyses. BLX Group, LLC currently has more than 1,200 state and local governmental clients, including many of the largest and most sophisticated issuers in the country. Each report is accompanied by an Orrick Herrington legal opinion.