Spreads Keep on Shrinking, But Competitive Bidders Earn More

Johnson, Anastasija
February 2005
Bond Buyer;2/14/2005, Vol. 351 Issue 32070, p5A
Trade Publication
Reports that underwriting spreads have continued their drop in 2004 in the United States. Earnings of firms bidding on competitive municipal bond sales; Bond market volatility; Large deal sizes as a reason for a hike in spreads.


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