- PIC: An Alternative Approach to Accepting Bids on Local and State Government Bonds: Comment. Hopewell, Michael H.; Kaufman, George G. // Financial Management (1972);Summer79, Vol. 8 Issue 2, p42
This article refutes the superiority of the present value interest cost (PIC) over the net interest cost and true interest cost (TIC) used by state and local governments in awarding their serials bonds as proposed by Professors Osteryoung, Braswell and Blevins. The authors also state that TIC...
- Municipals Unchanged as LIPA, Missouri, Rhode Island Sell Deals. Chesla, Nicholas // Bond Buyer;4/4/2003, Vol. 344 Issue 31608, p2
There was moderate trading of municipal bonds while the Long Island Power Authority in New York, the Missouri Housing Development Commission, and the Rhode Island Refunding Bond Authority entered the new-issue market. Treasuries were mostly higher, gaining ground on weak economic data and the...
- Munis Firm But Lag Taxables as Investors Wait for FOMC Meeting. Johnson, Anastasija // Bond Buyer;9/21/2004, Vol. 349 Issue 31973, p2
Reports on the performance of municipal bonds on September 20, 2004 in the U.S. Weak performance of the market compared to the Treasury market; Decline in municipal bonds yield in previous weeks; Comments of several financial executives regarding the Federal Open Market Committee meeting.
- Munis Continue to Adjust in Wake Of October Employment Report. Johnson, Anastasija; Curran, Bill // Bond Buyer;11/9/2004, Vol. 350 Issue 32007, p2
Reports on the performance of the municipal bond market on November 8, 2004 after a strong employment report in the U.S. Continued pressure on the market due to expected interest rate hikes by the Federal Reserve Board; Limited trading activity due to wide bid-ask spreads; Need to reevaluate the...
- MARKET SNAPSHOT: Monday, November 8. // Bond Buyer;11/9/2004, Vol. 350 Issue 32007, p2
Presents a table depicting the performance of the municipal bond market as of November 8, 2004 in the U.S. Government securities prices; Municipal bond index; 30-day visible supply.
- Munis Lose Ground After Greenspan's Remarks; $1,2 Billion in New Loans. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;4/22/2004, Vol. 348 Issue 31868, p2
Delves into the municipal bond market in the U.S. as of April 22, 2004 in the U.S. Amount of money gained in major new loans; Issue of inflationary pressures in the U.S. economy; Views of people regarding the economy in general.
- Municipals End Session Little Changed; Clark County Sells $361M Airport Deal. Chesla, Nicholas // Bond Buyer;7/29/2004, Vol. 349 Issue 31936, p2
Examines the status of the municipal bond market in the U.S., compiled as of July 29, 2004. New issue offerings; Improvement in treasuries due to weakness in stocks; Increase in orders; Ratings of notable bond sales.
- Gains in Treasury Market Encourage Participants to Bid Up Muni Prices. Johnson, Anastasija; Curran, Bill // Bond Buyer;6/22/2005, Vol. 352 Issue 32159, p2
This article reports that after getting encouraged by solid gains in the Treasury market, participants bid up municipal bond prices and underwriters were able to selectively lower yields on $750 million of New York's Metropolitan Transportation Authority revenue bonds in a move that tends to...
- Muni Yields Fall 2 to 3 Basis Points; $1.67 Billion Puerto Rico Sale Prices. Chesla, Nicholas // Bond Buyer;4/9/2003, Vol. 344 Issue 31611, p2
The article presents information related to the bond market in the U.S. The Puerto Rico Highways and Transportation Authority entered the new-issue market with a $1.67 billion loan featuring a top yield of 5.20 percent in 2042 while cash bond yields fell two to three basis points. In the...