TITLE

Variable-rate borrowers turning to different approaches

AUTHOR(S)
McEntee, Christopher
PUB. DATE
February 1999
SOURCE
Bond Buyer;02/01/99, Vol. 327 Issue 30569, p37
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on variable-rate municipal borrowers' experimentation with different credit products. Reshuffling of the credit enhancement market; Transformation of the variable-rate sector from a buyer's market to a seller's market; Strategy of structuring a longer term on a credit agreement; Strategy of selling periodic auction-rate securities.
ACCESSION #
1524248

 

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