TITLE

Three Big Deals Pump Up the Primary

AUTHOR(S)
Curran, William; Scarchilli, Michael
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/24/2006, Vol. 356 Issue 32389, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
21024731

 

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