TITLE

Two More States Join Refunding Parade With $1.2 Billion of GOs

AUTHOR(S)
D'Ambrosio, Jill; DeSue, Tedra
PUB. DATE
September 2004
SOURCE
Bond Buyer;9/10/2004, Vol. 349 Issue 31966, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that two states have recently announced plans to refund a combined $1.2 billion of outstanding general obligation (GO) debt next week, continuing a recent trend launched by last month's bond market rally. On Tuesday, Pennsylvania will join the ranks of issuers nationwide who have recently revived or crafted new refunding deals when it competitively prices $805 million in fixed rate GO bonds. On Wednesday, North Carolina will offer about $702 million in GO debt, with a roughly $403 million refunding component that was added only within the last week.
ACCESSION #
14387248

 

Related Articles

  • Munis Slightly Weaker on Data's Mixed Signals. Scarchilli, Michael; Posner, Matthew // Bond Buyer;11/3/2006, Vol. 358 Issue 32501, p2 

    The article provides updates on the economic performance of the bond market in the U.S. as of November 2, 2006. According to traders, the market was weaker by about two basis points. The yield on the benchmark 10-year Treasury note was quoted at 4.59% and the yield on the two-year note finished...

  • HY Sees Little Or No Holiday Cheer. M. S. // High Yield Report;12/8/2008, Vol. 19 Issue 47, p1 

    The article presents an analysis on the current market climate for the high yield investors in the U.S. Accordingly, prices on bonds continued to stay low, having a little indication as to a recovery time-frame. Hence it is seen that the U.S. economy has been in a recession for a year now and...

  • Munis Firmer; Investors' Response to Data Muted. Scarchilli, Michael; Posner, Matfhew // Bond Buyer;9/1/2006, Vol. 357 Issue 32458, p2 

    The article presents a perspective concerning the bond market in the U.S. for June to August 2006. The treasury market showed some little gains on August 31 and the yield on the benchmark 10-year Treasury note finished at 4.73%. The economic data released showed that personal income increased...

  • Yields Fall Roughly Two Basis Points In Thin Trading; Payroll Data Weak. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;9/9/2003, Vol. 345 Issue 31715, p2 

    Focuses on developments in the U.S. bond market as of September 9, 2003. Auction of five-year notes by the U.S. Treasury Department; Increase in consumer credit; Decline in municipal yields; Retail orders received by Goldman, Sachs & Co. in the new-issue market.

  • Munis End Lower in Short Session Following Optimistic Economic Data. Johnson, Anastasija // Bond Buyer;9/7/2004, Vol. 349 Issue 31963, p2 

    The article presents information on the current developments in the U.S. stock market. It is reported that the municipal bond prices closed lower on Friday after the long-awaited August non-farm payrolls report painted a healthier picture of the labor market, sending Treasuries lower and...

  • Forget Jesus, What Would Pollyanna Do? C. J. C. // High Yield Report;7/21/2008, Vol. 19 Issue 29, p2 

    The article focuses on the condition of the finance markets in the U.S. It highlights the move of several high yield bond and leveraged loan investors. It cites the factors driving the slowdown on the primary markets. Furthermore, the author views on the developments of mezzanine financing and...

  • Munis Unchanged as Buyers Wait for Data. Scarchilli, Michael; Posner, Matthew // Bond Buyer;8/24/2006, Vol. 357 Issue 32452, p2 

    The article focuses on activities in the U.S. municipal bond market on August 23, 2006. The tax-exempt market remained unchanged as investors waited for market-moving data and the infusion of new supply into the primary market. The Treasury market, likewise, showed little movement. Among the...

  • Indexes Finish Mixed as Yield Curve Continues to Flatten. Chang, Helen // Bond Buyer;1/28/2005, Vol. 351 Issue 32059, p38 

    The article reports that the Bond Buyer's weekly yield indexes were mixed as the municipal yield curve continued to flatten, following Treasuries. According to Standard & Poor's chief economist David Wyss despite the flattening trend since last year, the Treasury yield curve is still steeper...

  • Yields Up As Calif. Sells Big. Scarchilli, Michael // Investment Dealers' Digest;11/6/2009, Vol. 75 Issue 42, p11 

    The article reports on the bond buying activity in the U.S. It states that the Bond Buyer's weekly yield indexes rose mainly because of California and mostly unchanged secondary market. The largest transaction included a 1.3 billion dollars general obligation sale of California with a 908...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics