The profit from buying something in one market and selling it in another. Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price.Capital structure arbitrageurs focus on individual issuers. They look for valuation differentials between a company's debt and equity securities. The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public. Governmentwide Financial Statements: Statement of Net Position . Arbitrage is the strategy of taking advantage of price differences in different markets for the same asset. We have been preparing special calculations for governmental entities since 1992 and have extensive experience and training in the area of arbitrage rebate tax. Course Description: Student teams develop complete business plans for their own startup ventures. Total capital contributions and transfers out. (17,612). (13,806).