TITLE

Highly Rated Maryland Hits Market With $650M Offering

AUTHOR(S)
Helen Chang
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/2/2005, Vol. 351 Issue 32081, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that strong demand is expected for Maryland's competitive sale of $650 million of general obligation bonds today. Maryland is triple-A, said Bruce Smith, first vice-president in institutional trading at Legg Mason Wood Walker Inc. in Baltimore. Maryland's residents are among the most affluent in the nation. Personal income per capita is 19% more than the national average, and subject to a combined federal and state income tax of 28.4%, according to research group Tax Foundation.
ACCESSION #
16284169

 

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