Three Big Deals Pump Up the Primary

Curran, William; Scarchilli, Michael
May 2006
Bond Buyer;5/24/2006, Vol. 356 Issue 32389, p2
Trade Publication
The article presents information on several deals which pumped up the bond markets in the U.S. The Oregon Department of transportation sold $290 million of highway user tax revenue bonds. Bear Stearns & Co. priced the bonds to yield from 3.625% in 2008 to 4.54% in 2031. Banc of America Securities priced $104 million of Mississippi Development Bank special obligation bonds to yield from 3.97% in 2012 to 4.80% in 2041. Pennsylvania sold $364 million of general obligation bonds. Clark County, Nevada, sold $246.2 million of general obligation bond bank re-funding bonds to UBS Securities LLC.


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