Munis weaken as govies take plunge; buyers snatch up N.Y.C. TFA deal

Showalter, Monica
May 1999
Bond Buyer;05/05/99, Vol. 328 Issue 30634, p2
Trade Publication
Discloses the weakened performance of municipal securities at the close of trading in the United States on May 4, 1999. Factors behind the plunge of Treasuries; Investors' positive reaction to the New York City Transitional Finance Authority's (TFA) new-issue; Morgan Stanley Dean Witter's pricing, repricing and restructuring of the TFA issue in a negotiated deal.


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