N.J. Issuance, Tobacco Deals Drive Northeast Bond Boom

McDonald, Michael; Braun, Martin Z.
August 2003
Bond Buyer;8/11/2003, Vol. 345 Issue 31696, p30
Trade Publication
Focuses on the rise of bond volume in Northeastern states of the U.S. in the first half of the year 2003, driven by a surge in issuance of bonds in New Jersey and by tobacco settlement securitizations that were used to help cover state government deficits in both that state and New York. Bond value sold by New Jersey issuers; Bond value sold in tobacco settlement securitizations; Impact of the rise in bonds sales on supply growth in the region.


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