Panelists Weigh Different Strategies for Current Interest Rate Environment

Saskal, Rich
September 2004
Bond Buyer;9/14/2004, Vol. 349 Issue 31968, p28
Trade Publication
This article reports developments at The Bond Buyer's 14th Annual California Public Finance Conference, held recently in San Francisco, California. Panelist at the conference weighed different strategies for current interest rate environment in California. They are expecting a rise in current interest rates. Persistent low interest rates probably reflect a number of factors, including the effects of Federal Reserve Board policies and the shock of the 2001 terrorist attacks. According to Frank Chin, director of public finance for Citigroup Global Markets Inc., the changing interest rate environment is a good reminder for issuers to look at their overall objectives rather than focusing on the market.


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