TBMA municipal group forms panel to address Y2K concerns
- BMA Muni Group Forms Y2K Panel. Hume, Lynn // Securities Industry News;05/03/99, Vol. 11 Issue 18, p8
Reports that the Bond Market Association's municipal bond division is forming a committee to address the year 2000 computing problem.
- Tax-exempts show fewer Y2K worries than taxable cousins. Karchmer, Jennifer // Bond Buyer;08/11/99, Vol. 329 Issue 30702, p1
Reports on the concerns of municipal bond issuers on the Year 2000 date conversion problem in the United States. Willingness of municipal issuers to postpone their deals; Shift in the market share of corporations.
- Bond insurers keep tabs on issuers as year 2000 nears. Whalen, Robert // Securities Industry News;01/18/99, Vol. 11 Issue 3, p17
Reports that municipal bond insurers are preparing to step in if some issuers they back miss the deadline for year-2000 (Y2K) compliance. Preparations undertaken by the Ambac Assurance Corp. and Financial Security Assurance; Includes risk-assessment initiative; Nature of the Y2K insurance policy.
- Y2K might bug muni sales. McDonald, Michael // Bond Buyer;09/15/99, Vol. 329 Issue 30726, p1
Reports on the possible effects of the Year 2000 date conversion on municipal bond sales in the United States. Corporate issuers' raising of cash before the fourth quarter; Drying up of liquidity; Expected changes in the fixed-income markets.
- Managers see N.Y.C.'s ran sale as the year's last big deal. Mercurio, Stephanie // Bond Buyer;11/05/99, Vol. 330 Issue 30763, p7
Reports on New York City's sale of revenue anticipation notes. Uncertainty in the note market due to fears from the Year 2000 computer problem; Expectations on the transformation of New York Rans into weekly floaters.
- SEC panel warns muni issuers about importance of Y2K disclosure. Hume, Lynn // Bond Buyer;03/02/99, Vol. 327 Issue 30589, p5
Reports on a warning by United States Securities and Exchange Commission officials that municipal bond issuers disclose information about the impact of the Year 2000 (Y2K) problem. Potential for computer problems that will disrupt bond payments; Percentage of issuers that made some type of Y2K...
- SEC: More Muni issuers need to provide Y2K disclosures. Hume, Lynn // Securities Industry News;03/08/99, Vol. 11 Issue 10, p14
Reports on the need for municipal bond issuers to provide Year 2000 date conversion disclosures. Warnings issued by the United States Securities and Exchange Commission.
- Managers look to covenants to reduce risk on CCRC credits. Karchmer, Jennifer; Cintron, Ivan; Harris, Elizabeth E. // Bond Buyer;01/14/99, Vol. 327 Issue 30558, p8
States that fund managers assessing health care municipal bonds in the United States are looking at the strength of bond covenants and the Year 2000 computing problem that could affect bond issuers' accounting and financial records. Requirement for a first mortgage and strict bond covenants...
- Hospitals vary in treatment and disclosure of Y2K cures. Cintron, Ivan // Bond Buyer;02/10/99, Vol. 327 Issue 30576, p28
Focuses on United States-based hospitals' disclosure of their Year 2000 computing (Y2K) problem management strategies. Municipal bond investors' call for more information on how hospitals manage their Y2K problems; Problems faced by hospitals in their efforts to address Y2K-related issues.