Munis Firm Due to Treasuries, Supply; N.Y.C. Issues $630 Million of GOs

Chesla, Nicholas
August 2004
Bond Buyer;8/5/2004, Vol. 349 Issue 31941, p2
Trade Publication
Reports developments related to bonds in the bond market in the U.S. as of August 5, 2004. Decision of New York City to market tax-exempt and taxable general obligation bonds; Speculation for the Federal Reserve Board to increase the basis points in the federal funds target rate; Increase in the non-manufacturing index of the July Institute for Supply Management.


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