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About that 'double standard'….
- Source :
-
Modern Healthcare . 4/7/2008, Vol. 38 Issue 14, p36-37. 2p. 1 Color Photograph, 1 Chart. - Publication Year :
- 2008
-
Abstract
- The article reports that few hospitals have been making much of a fuss about what some call a double standard for issuers accessing the tax-exempt, municipal bond market versus the corporate bond market through which for-profit companies typically finance their debt. Municipal bond issuers of auction-rate debt frequently avail themselves of bond insurance to enhance their credit even further by bumping it up a notch or so, making their bonds marketable to a pool of investors, according to Steven Donovan of Hawkins Delafield & Wood.
- Subjects :
- *HOSPITALS
*MUNICIPAL bonds
*CORPORATE bonds
*BOND insurance
Subjects
Details
- Language :
- English
- ISSN :
- 01607480
- Volume :
- 38
- Issue :
- 14
- Database :
- Academic Search Index
- Journal :
- Modern Healthcare
- Publication Type :
- Periodical
- Accession number :
- 31736410