Munis Unchanged, Treasuries Rise; Texas Sells $7.43 Billion of Trans

Chesla, Nicholas; Johnson, Anastasija
August 2003
Bond Buyer;8/27/2003, Vol. 345 Issue 31707, p2
Trade Publication
Reports that while there was little change in the market for municipal bonds in the U.S. on August 26, 2003, while treasuries rose and Texas led the new-issue market with the sale of 7.43 billion dollars of tax and revenue anticipation notes. Government response to the rise in the consumer confidence index in August; Improvements in consumer spending and business investment; Changes recorded in the other major economic indicators; Details of the issue made by Texas; Ratings given to other securities issues in the market.


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