A 'Very Quiet Day' for Municipals As Market Shows Little Direction

Johnson, Anastasija; Curran, Bill
February 2005
Bond Buyer;2/28/2005, Vol. 351 Issue 32079, p2
Trade Publication
This article reports that municipal bonds finished little changed after the market drifted aimlessly all day as it failed to get definitive direction from Treasures and neither buyers nor sellers dominated in the secondary. Traders said some trades took place at cheaper levels as participants prepared for upcoming supply and were looking to lighten up their inventories, but long-dated bonds changed hands around the same level. Some traders found signs of life in the 10-year maturity range, but overall the holiday-shortened week finished on a lackluster note.


Related Articles

  • Munis Unchanged as Barrage of BABs Looms. Scarchilli, Michael // Bond Buyer;8/18/2009, Vol. 369 Issue 33168, p2 

    The article focuses on the condition of the municipal bond market in the U.S. It notes that the municipal market was unchanged for the period beginning August 17, 2009, a week dominated by Build America Bond (BAB) issuance and will continue to experience the trend when more than 2 billion...

  • Munis Start Week Largely Unchanged. Scarchilli, Michael; Herman, Jack // Bond Buyer;7/22/2008, Vol. 365 Issue 32923, p2 

    The article reports on the performance of the municipal bonds in the U.S. for July 21, 2008. It states that the municipal market was largely unchanged. Meanwhile, the Treasury market was mixed in the said date. The yield on the benchmark 10-year treasury note, which opened at 4.09%, finished at...

  • MIDWEST INVISIBLE SUPPLY.  // Bond Buyer;8/11/2004, Vol. 349 Issue 31945, p30 

    Presents a chart depicting municipal bonds in the Midwest.

  • Wake Co., N.C., To Sell $119M. DeSue, Tedra // Bond Buyer;10/14/2004, Vol. 350 Issue 31989, p2 

    Reports that Wake County, North Carolina will sell general obligation refunding bonds. Capital plans of the county; Plans to issue remaining school and library bonds in 2006.

  • Double-A Rated Boston Prepares GO Sale of $80 Million. Scarchilli, Michael // Bond Buyer;1/11/2006, Vol. 355 Issue 32296, p28 

    The article reports that Boston, Massachusetts will sell general obligation debt valued at $80 million. The fixed-rate bonds will finance several capital projects. The bonds will be sold through i-Deal's Parity electronic bidding system. The bonds will mature from 2007 through 2006 and insurance...

  • LOCATIONAL LOGROLLING AND CITIZEN SUPPORT OF MUNICIPAL BOND PROPOSALS: The Example of St. Louis. Archer, J. Clark; Reynolds, David R. // Public Choice;Fall1976, Vol. 27, p21 

    Examines citizen support of municipal bond proposals to finance capital investments in service delivery systems based on the example of Saint Louis, Missouri. Strategy offered by Saint Louis bond proponents from the vantage point of electoral geography; Summary of Saint Louis City general...

  • N.Y. Thruway Agency Plans to Sell $350M for Highways and Bridges. Phillips, Ted // Bond Buyer;3/9/2007, Vol. 359 Issue 32583, p4 

    The article reports on the plans of the New York State Thruway Authority to sell its tax-exempt serial bonds worth $350 million on March 13, 2007. Proceeds of the sale will be used to reimburse the state's financial expenditures made by the Department of Transpiration on its 5-year bridge and...

  • Virginia County Voters OK $249M Deal But Nix Related Food Tax. Vadum, Matthew // Bond Buyer;3/10/2005, Vol. 351 Issue 32087, p3 

    Reports that voters in Henrico County, Virginia have approved five separation bond authorization questions and rejected a proposed tax on food for debt service in a special election. Projects that will be built with the bond proceeds; Views of Henrico County finance director Reta R. Busher on...

  • Jefferson County OKs Forbearance Pacts. Sigo, Shelly // Bond Buyer;4/1/2008, Vol. 364 Issue 32847, p1 

    The article reports on the approval of forebearance agreements by the commissioners in Jefferson County, Alabama with liquidity providers, bond insurers, and swap counterparties deferring the first payment owed on the highly leveraged sewer system's standby bond purchase agreements, which are...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics