TITLE

University of Texas Joins Forward-Delivery Bond Trend

AUTHOR(S)
Curran, Bill
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/11/2005, Vol. 351 Issue 32088, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the union of University of Texas with a growing number of issuers that recently have used forward-delivery bonds to capture savings from relatively low interest rates. Trading of the forward-delivery series as part of a triple-A rated multimillion refunding deal underwritten by J.P. Morgan Securities Inc. by the University of Texas Board of Regents; Advantages of the forward instrument; Impact of the single advanced refunding phenomenon on the bond market.
ACCESSION #
16412747

 

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