TITLE

Massachusetts Water Trust Defers to Commonwealth, Delays Deal

AUTHOR(S)
O'Brien, Elizabeth
PUB. DATE
October 2004
SOURCE
Bond Buyer;10/27/2004, Vol. 350 Issue 31998, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Massachusetts Water Pollution Abatement Trust will postpone its $340.3 million pool program bond sale � originally set to price today � until next week to avoid competing with the state's $801.9 million new money and refunding general obligation deal which is planned for sale today. Selling two large Massachusetts offerings on the same day would flood the market with state paper and possibly raise interest rates, those associated with the trust said yesterday.
ACCESSION #
14897308

 

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