Search

The article offers information related to the U.S. municipal market conditions as of January 23, 2014. It mentions that the market has reported accelerated activity in both the primary and secondary bond markets. It mentions that the state of Washington has auctioned the two largest competitive deals including motor vehicle fuel-tax general obligation (GO) and various-purpose GO.

Reports on municipal governments' efforts to boost demand for financings ahead of the United States presidential election in November 2000. Investors' response to political uncertainty; Concerns about tax-rate changes that will weaken the value of municipal bonds' tax exemption; Major deals.

The municipal bond market sell-off continues on Tuesday, which is good news for buyers but possibly a negative for issuers, according to market participants. [ABSTRACT FROM AUTHOR]

The article focuses on the U.S. bond market, and states that traders looked for short-term California notes during trading as of September 11, 2014. It mentions that California issued 2.8 billion U.S. dollars of revenue anticipation notes in September 2014, which will mature in June 2015, and states that the deal was priced aggressively at a net interest cost of 0.107%, according to the U.S. Municipal Securities Rulemaking Board's disclosure website Electronic Municipal Market Access (EMMA).

The article informs that Columbus, Ohio is selling 291 million dollars of top-rated general obligation (GO) bonds to raise money for a series of capital projects across Columbus. It mentions that Columbus is selling GO in three categories including unlimited tax GO bonds, limited tax GO bonds, and federally taxable limited tax GO bonds. It further mentions that the debt will be sold in a competitive sale of bonds.

Reports on highlights of the United States market for money market funds for the week ended December 10, 1999. Increase in total assets in tax-free money market funds; Narrowing gap between tax-free and taxable yields; Notable deals; Secondary market activity; Bond trading.

Forecasts the decline in the flow of new Minnesota currency into the primary market in 1999. Increase in the state's biennial budget surplus by another $1.5 billion; Use of the current budget to slice into debt issuance in 1999.

Reports on long-term municipal bonds offered in the United States on the third week of November 1998. Capitalization on the spread between municipal bonds and Treasuries; Purchases of national bank portfolios and trust departments.

The article focuses on recent developments in the bond market in the U.S., as of April 1, 2005. A number of traders alleged that American International Group Inc. (AIG) had more than $1 billion worth of bonds out for the bid on Tuesday and Wednesday. The bulk of the value was offered on Tuesday and the bonds were mostly intermediate and short calls. AIG did not confirm issuing any bid-wanted lists. This week's new issuance also contributed to the pressure pushing bond prices down. Treasury bond prices have been moving lower since early February 2005.

Reports on the issuance of lease revenue bonds to finance correctional, juvenile and public safety facilities by the West Virginia Economic Development Authority. Construction of public safety facilities; Bond ratings; Appreciation of the state's action to preserve budgetary balance and solid financial position.

Reports that West Virginia is facing a budget shortfall in 2003 and 2004, but analysts are predicting that the demand for state debt issuance, including a lottery bond sale, will remain strong. High market demand for West Virginia bonds due to the state's relatively low amount of issuance; Structure and pricing of an upcoming issue.

Focuses on the positive reaction of several investors and fund managers in the United States on the increase of the number of nonrated bonds which emerged in the market. Provision of opportunities to invest in high-yield debt; Credits in the private college, health and senior living and industrial development sectors.

Focuses on plans of the New York City, New York Transitional Finance Authority (TFA) to sell bonds under its deals with various government bodies. Details of bonds that will be sold by TFA; Ratings of bonds sold by TFA; Government authorities whose bonds will be sold by TFA.

Reports on the National Federation of Municipal Analysts' project to develop recommended disclosure practices for variable-rate and other short-term bonds in the United States. Concerns of institutional investors on the growth in the volume of variable rate and other short-term debt; United States Securities & Exchange Commission rules governing such bonds.

Reports on developments in the United States bond market as of June 15, 2000. Impact of interest rates; Issues of insured certificates of participation from the Alameda City School District in California; Amounts generated by Massachusetts and Illinois general obligation deals.

Reports on trends in the money market funds market in the United States, for the week ending February 15, 2000. Concerns of managers on the continuing fund outflows; Losses of tax-free funds during the period; Movement of daily and weekly rates.

A chart is presented depicting the competitive note offerings in the U.S. from October 15 to 28, 2009.

The article reports that the National Federation of Municipal Analysts (NFMA) has issued a draft white paper calling for improvements in bond insurers' financial disclosures in the U.S. The NFMA also added that it is an especially timely paper as a number of insurance companies are writing down millions of dollars of losses attributable to the subprime mortgage crisis. Impact of the paper on the subprime mortgage crisis is also discussed.

Focuses on the proposal of creating a Web-based index of secondary market disclosure documents by the Municipal Securities Rulemaking Board in the United States. Expansion of the program on electronic disclosure; Possibility of changing Rule G-32; Assessment of the feasibility of the central index.

Reports on Wisconsin's expansion of the use of municipal security in its debt program. Plans to sell transportation revenue bonds; Similarity of extendible notes and traditional commercial paper.

Reports on the performance of the United States municipal bond market in the second quarter of 2000. Municipal bond mutual funds; Success of high-yield managers; Short-term focus on income; Neutral-interest rate outlook; Portfolio management strategies.

Reports on the continued buying activities of money market fund managers in the United States focused on short paper in the week of October 22, 1999. Discouragement over yield curve; Issue of six-month bond anticipation notes from the New York City Transnational Finance Authority; Problem with the scarcity of short-term paper.

Reports on developments in institutional investments and municipal bonds in Massachusetts and in the whole United States as of December 8, 1998. Influence of primary markets on institutional demand; Market response to the Massachusetts grant anticipation note and Bay Transportation Authority revenue offering; Remarks by portfolio managers Kurt Larson and Tom Conlin on the market.

Details the entry of Oregon's Port of Portland into the primary market in early 1998 through a $210.9-million offering. Speculation that the deal faces competition from other large offerings; Assessment of some portfolio managers that the loan will stand out as an investment opportunity; Paine Webber Inc. as lead underwriter.

Provides information on several high-yield bond deals in the United States as of June 1, 1998. Southwestern Oregon Community College's 5.40 percent top yield for an $840,000 full faith and credit offering; Hawaii Department of Budget & Finance revenue bonds for Hawaiian Electric Co.

The article reports on the lower yields in the traditional municipal market questioning the continuation of duration risk for minimal gains in the U.S. in 2010.

Reports that the attractiveness of municipal bonds compared with their sub-5 percent levels in the first quarter of 1998 is encouraging more retail investors in California to buy tax-free bonds. Willingness among investors to extend maturities to take advantage of the back-up in rates; Comment by Peter Auzers, Western regional manager of fixed-income underwriting at Fidelity Capital.

Focuses on the opportunities in Arizona's municipal bond market. Bond ratings; Delaware-Voyageur Group of Funds' investment strategy in the market; Opportunities in buying speculative bonds; Performance of Arizona bond funds.

Focuses on money market managers' preparation for a flood of withdrawals to hit their funds and help drive up prices across all segments of the short-term market as a result of the tax season the United States. End-of-the-quarter pressures for dealers; Trading of both daily and weekly variable-rate demand notes for the week of April 2, 1998; Cash inflows seen by some funds.

Reports on the active purchasing of municipal bonds by retail investors in Washington and Oregon. Motivating factors for the investors' interest; Effect of the trend on municipal bond business; Buyers and prices of the bonds.

Reports that New York City has obtained a global debt facility in connection with its general obligation bond sale. Issuance of bonds denominated in either dollars or foreign currencies in other counties; Background information on the city's global borrowings; Comments financing policy director Alan Anders on the bond sale. INSET: New York City's global borrowings..

Reports that BankAmerica Securities Inc.'s aggressive bid to win $47 million of San Francisco, California's general obligation bonds had nothing to do with a lawsuit it faces in connection with trustee services to the city. Bids of other investment banks to the issue; Allegations of mismanagement in the corporate trust business; Sale of the business to First Trust.

The article reports that the U.S. Treasury Department has auctioned $14 billion of five-year notes as 4 7/8s at a 4.945% high yield and a price of 99.693242. The bid-to-cover ratio was 2.02, while the median yield was 4.91 8%.

Focuses on Wisconsin's plans to issue a $50 million worth of general obligation extendible commercial notes. Structure of the issue; Differences of the proposed issue from standard commercial paper; Range of maturity dates; Hurdles in crafting the deal to satisfy tax law requirements.

Reports on the move of educators and parents to file a complaint regarding the failure of legislators to meet the requirements laid out in the verdict in Kansas. Requirement for a school reform to put the state in compliance with its constitutional mandate to provide children a quality education; Allegation for the failure of legislators to comply with the requirements; Schedule of the hearing of the arguments on the issue by the Kansas Supreme Court.

Reports on the various deals from bonds in Maryland. Sale of Washington Suburban Sanitary Commission's multi-million dollar general obligation refunding bonds. Plan of Cecil County Commission to sell multi-million dollar refunding and new-money general obligation bonds; Schedule of the competitive sale; Ratings obtained by the county; Postponement of Maryland Community Development Administration's deal;

The municipal bond tax exemption saved state and local government borrowers about $715 billion in debt service expenses from 2000 to 2014, according to a white paper issued by the International City/County Management Association and the Government Finance Officers Association. [ABSTRACT FROM AUTHOR]

The article reports on the plan of the Federal Reserve of the U.S. to buy commercial paper directly from issuers across the country. The plan, accordingly, is aimed at providing liquidity to the short-term market as well as prompting states to participate in the program. The Federal Reserve explains that it will create a special purpose vehicle (SPV) that will buy the commercial paper at a spread over the three-month overnight index swap rate.

Reports on the plan of Cook County, Illinois to sell variable-rate bonds. Advantages offered by low interest rates offered on floating-rate paper; Uses of the proceeds from the bond issue.

Reports on the performance of municipal bond funds in Ohio as of August 1999. Fund managers' maintenance of income flows; Search for lower coupon bonds.

Reports on the performance of the bond market in the United States on March 15, 1999. Municipal securities prices; Bonds; Treasury market; Debt futures; Tax-exempt issues; Dollar bond trading.

Reports on the effects of the availability of huge amounts of cash on the United States money market. Investors' turning to the tax-exempt market due to stock market volatility; Dearth of new issues; Investor John Carbone's strategy of moving from daily to weekly paper; Investor James M. Hannan's preference for commercial paper; William Palmer's assessment of the Florida State Board of Education deal.

Reports that the US Office of the Comptroller of the Currency (OCC) and the City of San Francisco, California have agreed on a settlement that allows the OCC to help the city in its lawsuit against Bank of America. Release of significant documents by the OCC; Lawsuit filed by the city to obtain the documents.

Discusses the strategies of New Jersey-based portfolio managers to improve the performance of their funds. Delivery of tax-free income to high-net-worth shareholders; Upgrading of portfolios' ratings with more selective investments; Fund management for both income and total return.

Reports that corporations are returning to the short-term municipal money market in the United States. Strong inflows in money market funds; Survival of the two percent de minimis rule; Demand for commercial paper and floaters; Yields on commercial paper; Issuance of synthetic variable-rate-demand notes.

The article reports that the U.S. Treasury Department will raise about $15.488 billion of new cash by auctioning $22 billion two-year notes and $13 billion five-year notes on December 26-27, 2007 in the U.S. The Treasury Department will refund $19.512 billion with the auction. On the other hand, the Federal Reserve holds $7.155 billion of Treasury notes in the System Open Market Account, which may be refunded.

Several charts are presented that list transactions related to negotiated note offerings in the U.S. for the months of September and October 2006. Information about the note issuers, including Arizona Transport Board, Cape Coral, and Virginia Port Authority; description of the notes offered and their corresponding value; and the financial advisers of the offering is also provided.

Several charts are presented that list transactions related to competitive note offerings in the U.S. for the months of September and October 2006. Information about the note issuers, including New Jersey, Manatee Co SD, and Wyandotte Co. Unified Government.; description of the notes sold and their corresponding value; and the financial advisers of the transactions is also provided.

Reports that the National Federation of Municipal Analysts issued in June 2004 its final disclosure recommendations on utilities' management and business strategies in the public power sector that contain only a few changes from the draft released in late March 2004. Key issues of interest; Analysis of pertinent topics and relevant issues; Implications on the bond market.

Reports the issuance of revenue bonds by the Dallas Area Rapid Transit in Texas. Construction of the rail corridor; Reimbursement of commercial paper issue; Credit ratings of the bonds.