Muni Yields Fall 2-3 Basis Points; Issuers Price $500M of New Debt

Chesla, Nicholas; Johnson, Anastasija
September 2003
Bond Buyer;9/5/2003, Vol. 345 Issue 31713, p2
Trade Publication
Reveals that municipal bond yields fell two to three basis points on September 4, 2003 following the upward path of government securities in the U.S. Revelation that $500 million loans were floated in the market by the government on September 4, 2003; Views of economist Ian Morris on the condition of the U.S. economy; Information that USB Financial Services Inc. won $300 million of Port Authority of New York & New Jersey consolidated bonds; Details of ratings issued by Moody's Investors Service Inc. for the bonds.


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