TITLE

Chicago, Nevada School District Both Ready Hefty Deals

AUTHOR(S)
Albano, Christine
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/22/2005, Vol. 351 Issue 32075, p37
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that underwriters in the U.S. will have to take a cue from last week's market and keep new-issue prices cheap to attract demand, even if it means lowering prices if they want to avoid carrying major balances during the holiday-abbreviated week. Due to yesterday's observance of Presidents Day, the primary activity kicks off today with a two-day retail order period for a $500mn Chicago general obligation and refunding, which will be officially priced for institutions on Thursday by senior underwriter Banc of America Securities LLC. In what will be the single largest sale for a Nevada issuer, the Clark County School District will bring approximately $540mn of GO refunding bonds to the competitive market on Thursday in two separate series, each sized at $269.7mn. The slate of deals this week will further test the market on the heels of last week's semiannual congressional testimony by Federal Reserve Board chairman Alan Greenspan.
ACCESSION #
16215716

 

Related Articles

  • As New Year Begins, Eyes of Texas Shift to School Bonds. Albanese, Elizabeth // Bond Buyer;1/10/2006, Vol. 355 Issue 32295, p26 

    The article focuses on school bonds that are scheduled to be issued by school districts of Texas. The Georgetown Independent School District of Texas is planning to issue general obligation bonds worth $97.1 million. Banc of America Securities LLC is the lead manager for the bond issue. The bond...

  • Munis Move 'Sort of Sideways'. Scarchilli, Michael // Bond Buyer;4/15/2008, Vol. 364 Issue 32857, p2 

    The article discusses various issues related to treasury market in the U.S. Treasury market opens at 3.47% and closed at 3.49% wherein the yield of the treasury note is near at 1.73% after opening at 1.74%. Bear, Stearns & Co., announces that after the through review, they would give final...

  • Gains in Treasuries Allow Secondary to Firm. Curran, William; Scarchilli, Michael // Bond Buyer;7/12/2006, Vol. 357 Issue 32421, p2 

    The article reports that the strengthening of the U.S. Treasury market which allowed the municipal secondary to stabilize despite the primary market's effort to address the issues facing them. New York trade analysts believed that the movement of tax-exempts goes along with the treasuries....

  • Munis, treasuries keep upbeat pace ahead of reports, Greenspan speech. Louis, Brian // Bond Buyer;10/27/97, Vol. 322 Issue 30260, p1 

    Reports on the boom in the municipal bonds market in the United States. Host of economic testimony and data by US Federal Reserve Board chairman Alan Greenspan; Volume of tax-exempt bonds and notes slated to hit the market; List of tax-exempt issues launched by companies.

  • Munis close up 1/8 point overall. Rannazzisi, Julie // Bond Buyer;07/22/98, Vol. 325 Issue 30440, p1 

    Reports on the response of the municipal bond market to US Federal Reserve Board's chairman Alan Greenspan's statements before the Senate Banking Committee. Direction of the yield curve; Pricing of the New York State Thruway Authority highway and bridge trust fund bonds and the Triborough...

  • Greenspan Talk Warms Markets. Rannazzisi, Julie // Bond Buyer;09/17/98, Vol. 325 Issue 30480, p1 

    Reports on the market for municipal bonds in the United States on September 16, 1998. Includes highlights of remarks by Federal Reserve Board Chairman Alan Greenspan before the House Banking Committee; Najor deals in primary and secondary markets.

  • Municipals slip, treasuries dip, as market awaits Fed testimony. Louis, Brian // Bond Buyer;07/22/97, Vol. 321 Issue 30192, p1 

    Reports on the results of the trading of municipal bonds in the United States, prior to Federal Reserve System Chairman Alan Greenspan's scheduled testimony before the House Banking Committee on July 22, 1997. Total orders for the refunding bonds of New York City; Top yields for retail; Results...

  • Greenspan leaves short end waiting for a reason to move. Kruger, Daniel // Bond Buyer;07/25/97, Vol. 321 Issue 30195, p6 

    Reports on the effects of US Federal Reserve Board Chairman Alan Greenspan's Congressional testimony on short-term municipal rates. Possibility of a financial crisis overseas; Demand for variable-rate demand note offerings; Tendency of the stock market to suck up all available cash.

  • Munis End Stronger as More Deals Price. Barnett, Chip; Weitzman, Aaron // Bondbuyer.com;1/20/2016, p26 

    The article reports that arrival of bigger deals on the municipal bond market pushed top-rated bonds to end stronger on January 20, 2016, when Washington state offered two competitive deals amounting to 672.57 million U.S. dollars.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics