TITLE

N.Y. MTA cashing in on low rates with swaption bid

AUTHOR(S)
McDonald, Michael
PUB. DATE
February 1999
SOURCE
Bond Buyer;02/22/99, Vol. 327 Issue 30583, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Presents news briefs concerning derivative securities in the United States as of February 22, 1999. Moody's Investors Service's assignment of a Aaa short-term rating to $13.1 million in floating option tax-exempt receipts issued by Merrill Lynch & Co.; New York Metropolitan Transportation Authority's offering of about $30 million derivatives transaction. INSET: Moody's Gives AAA to Merrill Lynch 'P-Floats'.
ACCESSION #
1588165

 

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