California's GO Sale Tops Slate as Supply Falls Off a Bit

Albano, Christine
April 2006
Bond Buyer;4/10/2006, Vol. 356 Issue 32357, p7
Trade Publication
The article reports on the anticipated sale of general obligation bonds offering of 750 million dollars by the state of California. The offering is expected to spark interest in the California market which is faced by a 22.5 percent decline in issuance during the first three months of 2006. The retail market poses a strong demand due to the slight rise in municipal yields over the past week, as stated by Gary Strumeyer, a managing director at BNY Capital Markets.


Related Articles

  • Triple-A Rated Georgia Sets Mostly Tax-Exempt $103M Deal. DeSue, Tedra // Bond Buyer;10/7/2005, Vol. 354 Issue 32234, p3 

    Reports that the state of Georgia will wrap up its bond deals for the year 2005 with a general obligation offering that will consist of five-year bonds. Structure of the triple-A debt that the state will issue; Lead bond counsel and financial adviser of the deal; Purpose of the bond issuance.

  • Pennsylvania Readies $600 Million, Including $50M for Growing Greener. O'Brien, Elizabeth // Bond Buyer;11/15/2005, Vol. 354 Issue 32259, p40 

    Reports on the impending sale of general obligation bonds by the government of Pennsylvania for its Growing Greener II environmental preservation program. Total amount of bonds to be issued; Financial adviser on the upcoming deal; Rating of the state's general obligation debt.

  • Louisiana Bond Commission Defers on Controversies. DeSue, Tedra // Bond Buyer;4/22/2005, Vol. 352 Issue 32117, p29 

    Reports on the approval of debt requests by the Louisiana State Bond Commission in Atlanta, Georgia. Inclusion of a request by the financially ailing Orleans Parish School Board to sell revenue anticipation notes to fund its cash flow needs; Bid of the Louisiana Agricultural Finance Authority to...

  • Calif. Leads the Pack. Saskal, Rich; Ward, Andrew // Bond Buyer;10/31/2008, Vol. 366 Issue 32994, p1 

    The article reports on the $45 billion in bond measures proposed by the government of California which will be voted by residents in the country. It states that the bond will be used to finance various infrastructure in the country, including the construction of a passenger rail system and...

  • NORTH CAROLINA: GO Refunding Coming. Temple-West, Patrick // Bond Buyer;10/1/2009, Vol. 370 Issue 33193, p9 

    The article reports on the potential of North Carolina to issue its first general obligation bonds with a 383 million dollar refunding deal in two years. It notes that the bond includes public school building bonds, highway bonds, and education bonds. Moreover, rating agencies mentions that the...

  • Texas Revs Up Issuance. Albanese, Elizabeth // Bond Buyer;2/7/2005, Vol. 351 Issue 32065, p1 

    The article reports that Texas is gearing up for massive bond issuance, as it embarks on a new era of transportation funding. These bonds may have a maturity of up to 20 years, and annual debt service can be no more than 10% of revenue into the fund. Two-thirds of the proceeds from the funds...

  • BNY Mellon Names Strumeyer Capital Markets President. Campbell, Dakin // Bond Buyer;4/3/2008, Vol. 364 Issue 32849, p27 

    The article announces that Gary Strumeyer has been named president of the Bank of New York Mellon.

  • Guv's $6-bil. backloaded budget bomb. Hinz, Greg // Crain's Chicago Business;3/22/2004, Vol. 27 Issue 12, p1 

    Governor of Illinois, Rod Blagojevich, unveiling his fiscal 2005 capital-spending program , faces mounting criticism that he's shifting the state's huge debt-repayment obligations onto future generations. An unpublicized report prepared by the state's bipartisan Legislative Research Unit...

  • PLAIN/INSURED GO YIELDS CURVES FOR NOV. 4, 2005.  // Bond Buyer;11/8/2005, Vol. 354 Issue 32855, p31 

    Presents a chart depicting the bond ratings issued by several states in the U.S. as of October 8, 2005.


Read the Article


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

Try another library?
Sign out of this library

Other Topics