Legg Mason: Budget Progress Lowered California GO Yields

Fine, Jacob
August 2004
Bond Buyer;8/11/2004, Vol. 349 Issue 31945, p6
Trade Publication
Reports on the impact of the budget approval on the yields of general obligation bonds in California. Decline in the general obligation bond yields; Growth in the tax revenue collections in the state; Removal of the triple-B rating of the general obligation bonds by Fitch Ratings Inc.


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