Hospitals Going Variable

O'Brien, Elizabeth
January 2005
Bond Buyer;1/24/2005, Vol. 351 Issue 32055, p1
Trade Publication
This article presents information related to the trend of variable rate bonds issued by hospital in Massachusetts. Gradual improvements in the financial outlook for the health care sector and historically low interest rates have prompted hospitals to issue more variable rate debt, a trend that is clearly visible in Massachusetts. Variable-rate bonds accounted for about 93% of the debt sold by state level health care issuers in Massachusetts during 2004, according to Thomson Financial. That was up from 75% in 2003.


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