Panelists: No Flood of OPEB Debt Coming
- Citing Obscure Law, Michigan Governor Vetoes OPEB Bond Bill. Carvlin, Elizabeth // Bond Buyer;1/12/2007, Vol. 359 Issue 32546, p3
The article reports on Michigan Governor Jennifer Granholm's decision to veto a bill that would have allowed municipalities to issue bonds for post-employment health care obligations. Granholm cited a relatively obscure federal law that she claims would prompt the state's Medicaid reimbursement...
- Gainesville, Fla., Selling $35M for Retiree Health Plan. Sigo, Shelly // Bond Buyer;7/12/2005, Vol. 353 Issue 32172, p36
Focuses on the plan of the local government to sell its non-ad valorem taxable bonds to fund the city's retirement health benefits in Gainesville, Florida. Contention of Public Financial Management Inc. executive David Moore on the similarities of the retirement health care benefits to financing...
- Municipal Bond Insurance Hits 54% Record in 2004. Chang, Helen // Bond Buyer;1/25/2005, Vol. 351 Issue 32056, p7
The article reports that municipal bond insurance rose to a record volume last year. Of the $360.76 billion states, localities, and other tax-exempt issuers borrowed in 2004, 53.76%, or $193.96 billion was insured, according to the latest figures from Thomson Financial Inc. The volume of bonds...
- Negotiated Municipal Bond Underwritings: Implications for Efficiency. Sorensen, Eric H. // Journal of Money, Credit & Banking (Ohio State University Press);Aug79, Vol. 11 Issue 3, p366
The article investigates the economic results of municipal bond selling through negotiation, particularly in response to empirical research inversely linking bidder competition to borrowing costs for issuers. Questions are raised outlining the efficiency of selling by negotiation rather than...
- MUNICIPAL RANKING. // Investment Dealers' Digest;7/8/2002, Vol. 68 Issue 27, p40
Presents charts depicting the ranking of the municipal bond issues in the U.S. as of July 2002. Total number of issues; Presentation of the managing underwriters; Assessment of the market share.
- Merrill report: D.C. reform good news for bondholders. Resnick, Amy B. // Bond Buyer;09/03/97, Vol. 321 Issue 30222, p5
Reports that the District of Columbia and its bondholders will be better off under the federal reform plan, according to Merrill Lynch & Co. Debt service protection under the revitalization plan; Reaction of the city's financial control board to the district chief financial officer Anthony...
- Controversial Refinancing Method Gains Ground Among Muni Issuers. Walker, Susanne // Bond Buyer;7/10/2003, Vol. 345 Issue 31674, p1
Reports on plans of municipal bond issuers of Washington State to employ refinancing methods to raise their gains. Sector in which issuers are more interested to examine type of financing feature; Shortcomings of refinancing deals; Reason why insurance companies dislike these schemes.
- Finances in focus. Albano, Christine // Bond Buyer;04/27/99, Vol. 328 Issue 30628, p8
Reports on the municipal bond financing of New Haven, Connecticut and Hope Springs, Arkansas. Benefits for New Haven of a credit rating upgrade from Moody's Investors Service Inc.; Yale University's economic benefits for the city; Uses of Hot Springs' $6.5 million industrial development revenue...
- Richmond, Va., Readies $65.2M of Utility Bonds for This Week. Vadum, Matthew // Bond Buyer;7/28/2004, Vol. 349 Issue 31935, p4
Reports that the city of Richmond, Virginia, plans to issue utility bonds. Details of the proposed municipal bond deal; Background on the utility projects to be financed by the bond issue; Rating announced by Standard and Poor's for the bond issue.