Storm Shadow Hangs Over Gulf Coast Issuance in 2005-06

February 2006
Bond Buyer;2/13/2006, Vol. 355 Issue 32218, p4A
Trade Publication
The article reports on the condition of bond sales of the Hurricane Katrina-affected states in the U.S. According to issuers, financial advisers, and traders, the municipalities need to repair fallen infrastructure, dilapidated neighborhoods, and crumbled transportation systems damaged or destroyed by hurricanes Katrina and Rita. It also offers information about the competitive general obligation sale of the state.


Related Articles

  • FAR WEST INVISIBLE SUPPLY.  // Bond Buyer;6/4/2004, Vol. 348 Issue 31898, p46 

    Presents a table on proposed bond issues in the Far West region of the U.S. as of June 4, 2004. Net amount of the bond issue; Approval status; Expected sale date.

  • The Bond Market and Fiscal Institutions: Have Budget Stabilization Funds Reduced State Borrowing Costs? Wagner, Gary A. // National Tax Journal;Dec2004, Vol. 57 Issue 4, p785 

    Since budget stabilization funds have the potential to aid states in mitigating periods of fiscal stress, they may reduce the default risk associated with state-issued debt. This paper explores how budget stabilization funds affect state borrowing costs. While the empirical results reveal that...

  • Decision in DeSoto. Sigo, Shelly // Bond Buyer;4/22/2004, Vol. 348 Issue 31868, p25 

    Reports on the hope of DeSoto County School District that voters will approve a general obligation bond issue in Mississippi. Necessity of upgrading the district's school facilities; Percentage of voting for the bond issue to be approved; Estimated number of new students enrolled in the next...

  • New Jersey OKs i-Deal, MuniAuction for Online Bidding. D'Ambrosio, Jill // Bond Buyer;4/22/2004, Vol. 348 Issue 31868, p32 

    Reports that the Department of Community Affairs of New Jersey has endorsed two electronic securities bidding companies to provide services to counties and municipalities that competitively sell bonds and notes. Security for local governments to streamline the traditional bidding process;...

  • New York Board Approves $1.2B in Agency Debt. McDonald, Michael // Bond Buyer;4/22/2004, Vol. 348 Issue 31868, p3 

    Reports that the Public Authorities Control Board of New York approved the proposed state agency bond sales for various projects. Identification of the current refunding projects; Establishment of the Tall Oaks Apartments multifamily housing; Specification of other loans approved by the state...

  • Oklahoma Caught Short When It Was Time to Refund, Bond Adviser Says. Williamson, Richard // Bond Buyer;4/22/2004, Vol. 348 Issue 31868, p5 

    Reports on the missed opportunity of Oklahoma state bond adviser James C. Joseph to refund in outstanding bonds by one day in March 2004. Identification of the target in the refunding deals; Expectation of economists for Federal Reserve policymakers to raise their target benchmark interest rate...

  • Fitch Lowers Louisiana GOs, Toll Debt. DeSue, Tedra // Bond Buyer;12/2/2005, Vol. 354 Issue 32270, p1 

    The article reports that Fitch Ratings agency has lowered Louisiana's general obligation (GO) debt due to the financial constraints brought on by Hurricane Katrina. Fitch dropped $1.8 billion of GOs to A from A-plus, lowering about $95 million of the toll revenue bonds issued by the Louisiana...

  • Louisiana Panel OKs Bill Authorizing $200M of Gulf Tax-Credit Bonds. DeSue, Tedra // Bond Buyer;2/10/2006, Vol. 355 Issue 32317, p3 

    The article reports on the passage of bond legislation by a key committee in the Louisiana General Assembly intended at helping governments affected by hurricanes Katrina and Rita avoid defaulting on their debts. The passage of the bill would alow the state to issue up to $200 million of federal...

  • Market Statistics.  // Bond Buyer;6/21/2011, Vol. 376 Issue 33536, p21 

    Several charts depicting bond market statistics in the U.S. are presented including short-term tax-exempt yields, U.S. securities prices, and municipal bonds.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics