Underwriters Mostly Courting Institutions for Long-Term Deals

Johnson, Matthew
November 2004
Bond Buyer;11/10/2004, Vol. 350 Issue 32008, p1
Trade Publication
Highlights the results of a report from Merrill Lynch & Co. about the municipal bond market in the United States. Shift in the structure of long-term municipal bond deals to favor institutional buyers; Retail demand for the second half of 2004; Example of how current deal structures differ from those earlier in 2004.


Related Articles

  • Municipals Sell Off Modestly in February Amid Record Issuance. Johnson, Matthew // Bond Buyer;3/11/2005, Vol. 351 Issue 32088, p7 

    Reports on the sell of municipal bonds due to plentiful demand from institutional investors in the U.S. Statement of Philip Fischer, municipal bond strategist at Merrill Lynch & Co. regarding the price of the municipal bonds sell; Inconsistency of large portion of muni bonds and pay coupons;...

  • Merrill Hires Credit Research Generalist. Walker, Susanne // Bond Buyer;4/14/2005, Vol. 352 Issue 32111, p28 

    Reports that Merrill Lynch & Co. has hired Philip Villaluz, former vice president at Citigroup Global Markets Inc., as a generalist in its municipal bond credit research group.

  • Citi Remains Top-Ranked 1st Half Firm. Phillips, Ted // Bond Buyer;7/2/2008, Vol. 365 Issue 32911, p1 

    The article reports on the decline of the municipal bonds of top three underwriters Citi, Merrill Lynch & Co. and JPMorgan in the first half of 2008 in the U.S., according to preliminary data from Thomson Reuters. Moreover, the top three underwriters lost market share. The market share of the...

  • Merrill's Downgrades Affecting TOBs. Hanson, Matthew; Posner, Maythew // Bond Buyer;10/30/2007, Vol. 362 Issue 32744, p1 

    The article reports on the impact of the downgrades of Merrill Lynch & Co.'s corporate credit on the municipal bond market in the U.S. According to the author, some industry executives believe that the downgrades to the corporate credit of the company have negatively affected tender-option bonds...

  • California Helps Boosts Regional Issuance Over 23% From 2006. Saskal, Rich // Bond Buyer;2/15/2008, Vol. 363 Issue 32817, p8 

    The article reports on several bond issuers who have sold almost $90.8 billion of municipal bonds in the U.S. Citigroup Inc. topped the Far West underwriting chart, credited with almost $14.3 billion in volume, ahead of Merrill Lynch & Co. with $12.6 billion. Orrick, Herrington & Sutcliffe LLP...

  • Merrill: Some Airline Bonds Enjoying a Performance Boost. Albano, Christine // Bond Buyer;9/20/2006, Vol. 357 Issue 32470, p7 

    The article reports on the positive ratings of some airline-related municipal bonds in the bond market in the U.S. in September 2006, in reference to the data of financial service company Merrill Lynch & Co. Inc. The report by Merrill cited bonds sold on behalf of American Airlines Inc. and...

  • Merrill Sees Growing Appeal to Foreign Banks. Fine, Jacob // Bond Buyer;6/24/2002, Vol. 340 Issue 31414, p32 

    Reports the taxable municipal deals of Merrill Lynch & Co. with foreign banks in the U.S. Link between municipal bond and income tax exemption; Views of John Hallacy, managing director of municipal bond, on the issue; Impact of international banking on the company.

  • Munis End Unchanged Despite Early Gains. SCARCHILLI, MICHAEL // Bond Buyer;5/7/2008, Vol. 364 Issue 32875, p2 

    The article focuses on the performance of the U.S. municipal bonds market on May 6, 2008, which mostly remained unchanged in spite of early session gains. It is reported that trades by the Municipal Securities Rulemaking Board reportedly showed little improvement, while the Treasury market was...

  • MARKET STATISTICS.  // Bond Buyer;7/31/2002, Vol. 341 Issue 31439, p39 

    Presents several charts depicting bonds in the U.S. Details on the municipal bond index; Indication on the bond prices; Bond index of Merrill Lynch.

  • Development. Baar, Aaron // Bond Buyer;11/12/97, Vol. 322 Issue 30271, p12A 

    Reports on the continuance of the increase in the development bond issuance during the third quarter of 1997. Percentage increase in the municipal market issues from July to September 1996-1997; Amount of issues from the industrial development bonds; Brief discussion on the issues from the...


Read the Article


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

Try another library?
Sign out of this library

Other Topics