TITLE

TBMA municipal group forms panel to address Y2K concerns

AUTHOR(S)
Hume, Lynn
PUB. DATE
April 1999
SOURCE
Bond Buyer;04/27/99, Vol. 328 Issue 30628, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the Bond Market Association (BMA)'s establishment of a committee to address year-2000 (Y2K) issues. Y2K concerns affecting variable-rate bonds and other instruments in the municipal bond market; Settlement of cases dealing with yield-burning, a corrupt bond trading practice; BMA's position regarding the Municipal Securities Rulemaking Board's G-38 proposal.
ACCESSION #
1804750

 

Related Articles

  • 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...

  • SEC, bond lawyers to call on issuers to disclose their year 2000 exposure. Hume, Lynn Stevens // Bond Buyer;05/07/98, Vol. 324 Issue 30388, p1 

    Reports on pressure exerted by the US Securities and Exchange Commission and bond lawyers on America's municipal issuers to disclose the costs, problems, and uncertainties in fixing the year 2000 computer problems. Financial havoc created by the year 2000 computer problems; Potential...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics