Munis Falter in Sluggish Session, Though Weak Supply Lends a Hand

Johnson, Anastasija
August 2004
Bond Buyer;8/17/2004, Vol. 349 Issue 31949, p2
Trade Publication
Reports that municipal bonds in the United States weakened on August 16, 2004, as participants cut their bids after the Treasury market was unable to sustain the high performance of August 13, 2004. Commencement of the marketing of a portion of a multimillion-dollar San Diego Unified School District general obligation offering to retail investors; Dearth of new issue supply in the municipal market.


Related Articles

  • Market Post: Deals Arrive as Secondary Shows a Slight Slackening in Yields. Ramage, James // Bond Buyer;12/13/2013, Vol. 122 Issue F348, p1 

    The article reports that the U.S. municipal market has shown decrement due to the heavy deals priced in the primary market as on December 13, 2013. It states that the market can expect more redemption from mutual funds and also discusses Foothill/Eastern Transportation Corridor Agency toll road...

  • Analysis of Outliers in Municipal Bond Transaction Costs. Robbins, Mark D.; Simonsen, Bill // Municipal Finance Journal;Fall2014, Vol. 35 Issue 3, p27 

    This paper examines extreme cases of transaction costs using data from new issue municipal bond issuance in California from 2007 to 2009. The authors use quantile regression to systematically test whether observable characteristics of the bond sale influence whether a case will be extreme or...

  • Market Close: Pa. Sells $1B GOs; Muni Prices Plunge. Barnett, Chip; Weitzman, Aaron // Bondbuyer.com;2/3/2015, p33 

    The article reports on the $2 billion of competitive new issues of bonds on the U.S. municipal bond market, led by offerings from Pennsylvania, Virginia, Wisconsin and California. The bonds include the unlimited tax general obligation bonds of Pennsylvania, the school financing refunding bonds...

  • Municipals Finish Session Easier as Treasuries Fall on Lower Oil Prices. Johnson, Anastasija; Curran, Bill // Bond Buyer;9/7/2005, Vol. 353 Issue 32212, p2 

    Reports that the municipal bond market in the U.S. easily finished the first trading session of a holiday-shortened week, as treasuries fell after oil prices retreated to pre-Hurricane Katrina levels. Assurance on the potential economic slowdown and an eventual pause in the Federal Reserve...

  • Munis Finish Flat to Slightly Lower; Inactivity Discourages Price Cuts. Johnson, Anastasija; Curran, Bill // Bond Buyer;12/29/2004, Vol. 350 Issue 32039, p2 

    The article reports that municipal bond prices fell slightly lower level as market participants received uncertain direction from a Treasury market that fell through recent lows before climbing back to the unchanged mark. A trader in New York said the municipal market had a negative tone, but...

  • Market Close: Muni Prices Fall; Wash. Sells Bonds. Barnett, Chip; Weitzman, Aaron // Bondbuyer.com;2/10/2015, p35 

    The article reports that the prices of top-rated municipal bonds in the U.S. closed weaker on February 10, 2015 with yields on some top-rated munis increasing by as much as seven basis points. Topics covered include the yield on the 10-year benchmark muni general obligation rising above the...

  • Muni Prices Stabilize as Torrent of Supply Looms. Barnett, Chip; Weitzman, Aaron // Bond Buyer;3/10/2015, Vol. 1, p32 

    The article reports on the stabilization in the prices of municipal bonds in the U.S. in 2015. Topics covered include the total prices of municipal bonds in the state for the year as well as the amount of deal of Barclays Capital. Also mentioned is the amount of the overall refunding portion in...

  • Northeast Issuance Drops in 2013 First Half. SLAVIN, ROBERT // Bond Buyer;8/12/2013, Vol. 385 Issue 33960, p1 

    The article discusses the amount and value of municipal bonds sold by issuers in the U.S. Northeast in the first half of 2013 according to data from media and information firm Thomson Reuters. Figures show that sales declined by more than 25 percent from the same period in 2012. The regional...

  • Moody's Takes Actions on $1.7 Billion in LOC Backed Bonds. Slavin, Robert // Bondbuyer.com;9/20/2013, p3 

    The article discusses Moody's Investors Service action on the long-term ratings of 1.7 billion U.S. dollars in jointly supported letter of credit-backed municipal bonds. The upgraded bonds included the Penn Gas Enterprise from Aa2 to Aa1, Penn Gas Enterprises from A1 to Aa3 and Pittsburgh Water...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics