Munis Stabilize After Two-Day Sell-Off, But Caution Remains
- MARKET SNAPSHOT: Thursday, July 22. // Bond Buyer;7/23/2004, Vol. 349 Issue 31932, p2
Provides information on the bond market in the U.S., compiled as of July 22, 2004. Initial jobless claims; Leading indicators; Government securities prices; Municipal bond index.
- Municipals Gain a Positive Tone; Hefty New York, Texas Deals Price. Johnson, Anastasija // Bond Buyer;6/24/2004, Vol. 348 Issue 31912, p2
Reports on the outcome of the bond trading during the June 23, 2004 trading session in the U.S. Drift in government bonds during the first part of the session; Percentage acquired by indirect bidders which include foreign central banks and clients of primary dealers; Reports of selective selling...
- 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...
- MARKET SNAPSHOT: Tuesday, March 2. // Bond Buyer;3/3/2004, Vol. 347 Issue 31833, p2
Provides information on the performance of the bond market in the United States as of March 2, 2004. Government securities prices; Municipal bond index; Bond Buyer's 3-day visible supply.
- 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...
- 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.
- Munis Fall on Weaker Treasuries; California Sells $6 Billion of Rans. Johnson, Anastasija // Bond Buyer;9/30/2004, Vol. 349 Issue 31980, p2
Reports developments on the bond market in the U.S. as of September 29, 2004. Decline in the municipal bond market; Total amount of revenue anticipation notes sold in California; Increase in gross domestic product in the second quarter of year 2004.