And certainly not for the
Academy of Motion Picture Arts and Sciences, which needs
interest in the films to generate
interest in an annual broadcast that pays the
interest on several hundred million dollars in
bonds that were floated to back a still - under - construction movie museum.
Eligible issuers of school construction
bonds and zone
academy bonds can receive payments equal to the lesser of the actual
interest rate of the
bonds or the tax credit rate for municipal tax - credit
bonds, which the Treasury sets daily.