Brazilian devaluation helps munis; Bear Stearns reprices N.Y.C. GOs

Polyak, Ilana; Showalter, Monica
January 1999
Bond Buyer;01/14/99, Vol. 327 Issue 30558, p2
Trade Publication
Looks at the positive effects of the devaluation of the Brazilian currency on the municipal bonds in the United States. Benefits of the flight-to-quality buying caused by the devaluation and the resignation of the country's central bank chief; Decline of equity markets.


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