Issuers Bring $1B-Plus in New Deals; Treasuries Gain, Along With Equities

Chesla, Nicholas; Johnson, Anastasija
June 2003
Bond Buyer;6/5/2003, Vol. 344 Issue 31650, p2
Trade Publication
Municipal bonds firmed on June 4, 2003, while issuers brought to market more than one billion dollars in major loans, led by a 357 million dollar New York State Dormitory Authority lease revenue bond deal. In addition, revised first quarter non-farm productivity rose 1.9 percent and non-farm unit labor costs grew 1.5 percent. In the competitive sector, Merrill Lynch & Co. won 312 million dollars worth of Florida State Board of Education public education capital outlay bonds with a low interest cost of 4.02 percent.


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