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Southeast Issuance Plummets.

Authors :
Sigo, Shelly
Desue, Tedra
Funk, Lynne
Watts, Jim
Source :
Bond Buyer; 8/14/2008, Vol. 365 Issue 32940, p1-8, 2p
Publication Year :
2008

Abstract

The article reports on the municipal bond issuance in Southern States which fell during the first half of 2008. Debt sales in the region were down 19.4% on sales volume of $36.4 billion compared to $45.2 billion in comparison with the $45.2 billion of debt sold during the first half of 2007. The decrease in sales volume was caused by debt refinancings prompted by the meltdown of the auction-rate securities market and bond insurer downgrades.

Details

Language :
English
ISSN :
07320469
Volume :
365
Issue :
32940
Database :
Complementary Index
Journal :
Bond Buyer
Publication Type :
Periodical
Accession number :
33967266