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Focuses on the plan of San Francisco Public Utilities Commission's finance officials to use a commercial paper program to jump-start most of $304 million of water bonds authorized by voters on November 4, 1997. Preparations made for a request for qualifications from financial advisers to structure the program; Outlook for the program; Outcome of a study on the backlog of unfunded capital projects in the city.

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.

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.

Reports on the highlights of the United States bond market in the week ended February 24, 2000. California general obligation bonds; Light supply; Low supply in municipal markets; Slow activities in primary and secondary markets; Activities of retail buyers.

Reports that the Los Angeles County Metropolitan Transportation Authority (MTA) is mulling the replacement of the Industrial Bank of Japan (IBJ) as credit provider on its commercial paper program. Link between the decision and IBJ's credit rating downgrade; Effect of the downgrade on MTA's interest rates.

Reports on San Francisco International Airport's plan to institute passenger facility charges. Plans of the airport to go to market with a commercial paper and general airport revenue bond refunding deal; Amount of bonds to be issued by the airport.

Looks at trends in the municipal bond market in California as of November 14, 1997. Prediction of a possible increase in new land-secured bonds from indications of a recovery by the state's real estate market; Economic recovery by the state; Types of land-secured debt.

Discloses on the San Francisco Airport Commission's preparations for a revenue bond sale to fund for upgrades to fuel airport delivery systems. Plans for a commercial paper program for capital projects; Fuel bonds as part of a two-pronged financing schedule for the airport; Terms of the plans.

The article reports on the plan of East Bay Municipal Utility District to issue 1 billion dollars of debt in the bond market in California in 2010. The district reveals to begin the issuance with 200 million dollars of fixed-rate, tax-exempt water revenue bonds. The move has been undertaken to respond the impact of financial crisis and to capitalize the presence of low interest rates and subsidies.

Focuses on municipal bond issuance updates in the United States for March 27, 2000. Includes the introduction of bonds from Atlanta, Georgia to finance the Hartsfield International Airport; Revenue bonds to fund the improvement project at Port of Oakland in California; Bond issue from the Hawaii Department of Transportation Harbors Division.

Discusses the role of timing in enhancing the performance of municipal bond funds in California. Trends in the market for municipal notes; Consequences on yields of buying throughout June 1999; Fund performance ranked by total return and income.

Presents news briefs related to municipal bonds in the Far West, as of July 23, 1999. Includes school bond proposition included in Alaska's April ballot; Legislation proposed to allow Orange County, California, to invest more of its surplus funds in commercial paper; Hawaii's plans to use $30 million through a combination of revenue bonds and accessing a special fund to build terminals in Honolulu Harbor.

Focuses on Los Angeles, California's plan to issue wastewater system revenue refunding bonds to dealers. Strong demand for new-issue paper; Bond rating by Fitch IBCA Inc.

Reports that investors are turned off by California's upcoming $1.7 billion revenue participation note deal, with its 3.15-percent yield. Portfolio management techniques of Todd Purdula, who runs the American Century Investments; Lehman Brothers' purchase of California note deals for conversion to short-term derivatives; Municipal market data yield curve as of September 16, 1998.

Reports that California Treasurer Phil Angelides and Attorney General Bill Lockyer has filed legal papers challenging the validity of roving joint-power authority. Need for legislation to close loopholes; Issue in the bonds of Rancho Lucerne Valley Joint Power Authority.

The article discusses the impact of new California law requiring municipal debt issuers to disclose their bank loans on the municipal market and state issuers, according to a research paper from Municipal Market Advisors (MMA). According to MMA, research and advisory firm, the law would provide a more informed municipal market as investors will have better credit knowledge of California issuers.

Reports that FinancialOxygen of California announced plans to open up the online municipal bond market to middle-market investors with an electronic commerce platform that will provide smaller investors with services previously aimed at larger investors. Plan for BankOxygen, a software engine within FinancialOxygen, to open up the secondary commercial paper market in February 2001 to independent banks.

Focuses on the concern by money market fund managers over the possibility of high-priced notes in California. Worry over the raising of interest rates by the United States Federal Open Market Committee; Total amount of money flowing into tax-free money funds.

Reports on developments related to municipal bonds in the United States as of April 26, 1999. Underwriters' efforts to enhance buyers' interest in municipal bonds; Lack of activity in the primary market; Demand for new bond issues; Focus on the bond deals for the Los Angeles County Metropolitan Transportation Authority in California and the state of Pennsylvania.

Reports in September, 1997, that according to traders, bids for California municipal bonds have lost many buyers interest in the market. Details on municipal prices; Performance of yields; Comments from Miles Benickes, senior vice president and trader with M.L. Stern and Company in Beverly Hills; Why the San Joaquin Hills Transportation Corridor Authority performance on the market for the mentioned period stands out.

Focuses on the performance of the California municipal bond prices, as reported on July 6, 1998. Reference to the decline in tax-exempt prices; Speculation of the cause for the strengthening in bond prices; Statements made by an insider trader in relation to this topic.

Reports that according to traders, prices for municipal bonds in California for the week ending June 3, 1998, were unchanged, highlighting the activity in the primary market. How underwriters bid; Performance of municipal prices and treasury bonds; Highlights of the week's trading.

This article presents information on the financial crisis being faced by the Orange County, California. Although hundreds of local officials were directly involved in the management of the Orange County Investment Pool, the blame for the financial disaster has been heaped entirely on one man, treasurer/tax collector Robert Citron. The crisis in question made the Orange County poorer by at least dollar 2 billion. It is informed that from the late 1980s Citron began selling municipal bonds for the sole purpose of gambling in securities. In the best years he won as much as dollar 800 million for delighted participants in the Investment Pool. Moreover, as recession eroded Orange County property values for the first time in living memory, earnings from speculative repurchase agreements replaced the otherwise dangerous shortfall in taxes.

Reports on the expectation for investors who own maturing notes to put some of the incoming cash to work outside of municipal securities in California. Significance of the move in avoiding a reinvestment in the note market; Amount of sold bonds and notes in the state; Variation in the reinvestment opportunities; Impact of the strong demand for short-term paper amid scarcity of supply on the rates of the notes.

Reports on the Los Angeles Harbor Department's plan to sell three series of bonds to refund bonds sold in 1995. Scheduled date for the retail and final pricing; Plans of the department to use a complex mix of crossover refunding bonds that will change the tax status of a portion of the debt and offer a tender option program.

Reports that Santa Rosa, California has appealed to the United States Tax Court a decision by the Internal Revenue Service (IRS) preventing it from using tax-exempt governmental bonds to finance construction of a pipe to take treated wastewater to a geyser field which will be used to generate electricity. Arguments raised by the IRS in making the ruling; Highlights of the city's bond issue proposal.

Strong overall demand for municipals and opportunities for relatively attractive yields in the new-issue market should propel interest in next week's primary market sized at nearly $9 billion. [ABSTRACT FROM AUTHOR]

Reports on the decline in both the Treasury and municipal bond prices in California. Influence of tight labor markets; Drop on the Dow Jones industrial average; Anticipation of an increase on the costs of hiring employees; Potential of an active buying activity once the municipal market calms down.

The article discusses the conditions of the U.S. municipal bond market as of September 9, 2014 that has reported fall in the primary issuance. Topics discussed include domination of California's general obligation and local school districts bonds in the secondary market, increased secondary trading activity in California, and the cycle of secondary market.

In this article, the author offers information on the status of the U.S. municipal bond market in the second week of March 2013. He mentions that the yields of tax-exempt bonds have increased by a basis point. He also discusses the general obligation bonds deal of California amounting 2.16 billion U.S. dollars that generated approximately 600 million U.S. dollars in the sale.

Reports on the state of municipal bond market in California. Focus of the municipal market on the California economic recovery bonds; Observation of traders on the attitude of market participants to pick-up retail-type paper at discounts; Enthusiasm of institutional investors to set up for the California deal.

Reports that the Transportation Corridor System of Orange County, California will consider the bond proposal to acquire the assets of the San Joaquin Hills Transportation Corridor Agency and the Foothill/Eastern Transportation Corridor Agency. Role of the plan in rescuing the San Joaquin toll agency from default on its outstanding debt because its toll revenues fall short of projections.

Focuses on California-based Pacific Gas & Electric Co.'s plan to convert millions of dollars in revenue bonds from variable- to fixed-rate debt. Goal of minimizing exposure to variable rates; Reason why MBIA Insurance Corp. consented to the mode change; Major rating agencies' decision to downgrade credit ratings on all of the utility's bonds.

Presents the weekly outlook for the municipal bond market in the United States. General obligation bonds that will be issued by California; Ohio higher education negotiated offering; Factors that could trigger a major flight to quality or sell-off in the bond market; Amount of bonds that will be issued by the Virginia Resources Authority.

Reports on the California Housing Finance Authority and Jefferson County, Alabama. Insured home mortgage revenue bonds offered by the agency on November 18, 1998; County's violation of the equal protection clause with its exemption of the occupational tax for certain workers.

Discusses the performance of California's real estate-backed municipal bonds in 1997. Improvements in the state's real estate market; Strategies of fund managers to make the most out of the trend; Best performing finds by sector; Top five and bottom five funds.

Reports on the approval of a plan to refund $200 million of outstanding sales tax revenue bonds by the Los Angeles County Metropolitan Transportation Authority on January 30, 1998. Preparation for a possible board battle over a request for an additional $200 million or more of bonds; Issue on whether any new-money issue will be used to pay for construction on suspended rail lines.

Reports on the bond issuance of the Alameda Corridor Transportation Authority for the construction of a railway connecting the ports of Los Angeles and Long Beach in California. Amount of the bond issue; Public and private companies involved in the project; Reasons why the transaction is unique.

Examines the performance of California's municipal bond mutual funds for the second half of 1997. Comparison of mutual funds' performance in October, with September; What statistics from the Investment Company Institute revealed.

Municipals were mixed at mid-session as the last of the week’s big deals came to market, led by a bond offering out of California and a note sale from Colorado. [ABSTRACT FROM AUTHOR]

Reports on the San Diego Unified School District's construction of Cherokee Point Elementary School in City Heights, the first elementary school funded by Proposition MM. Construction costs; Work to be done by design/build teams such as Erickson-Hall Construction Co. and HMC Architects; Passage of Proposition MM, a bond measure, in 1998.

Presents news concerning domestic 144A private placement issues. Litton Industries Inc.'s launch of a 144A private placement without registration rights; Issuance of bonds for the proposed Staples Center arena in Los Angeles, California.

Focuses on the municipal market in California. Comments made by Miles Benickes, a senior vice president with M.L. Stern & Company; Indication that there was a market supply problem; Insight on the gains made by the Treasury market.

Focuses on the performance of the municipal bonds market in California, during October 1997. Statistical information on trading for a variety of bonds; Comments from a number of issuers.

Presents information on the performance of 30-year revenue bonds of 10 actively traded issuers in California. Names of the issuers; Ratings of the bonds.

Presents information on the improvement of municipal prices in California in May 1998. Reasons for the improvement in prices; Impact of the improvement.