TBMA Begins Publishing Auction-Rate Indexes

Hume, Lynn
June 2006
Bond Buyer;6/5/2006, Vol. 356 Issue 32395, p1
Trade Publication
The article reports that the Bond Market Association (TBMA) began to publish a weekly series of eight indexes covering different kinds of auction-rate securities. The publication was intended to give the issuers and investors the benchmarks to determine the appropriateness of the rates. According to Lynnette Hotchkiss, TBMA senior vice president, the association has always supported more transparency in the debt markets.


Related Articles

  • Buying debt. Rigual, Luis R.; Bustos, Sergio R. // Latin Trade (English);Aug98, Vol. 6 Issue 8, p18 

    Reports on the Bond Market Association's findings that investors in Latin America and the Caribbean were the largest buyers of federal agency debt in the United States.

  • TBMA Launches Bond Indexes. Hume, Lynn // Financial Planning;Jul2006, Vol. 36 Issue 7, p22 

    Reports on the publication of the first of a weekly series of indexes covering different kinds of auction-rate securities by the Bond Market Association. Purpose of the indexes; Settlement reached by the U.S. Securities and Exchange Commission with broker-dealer firms over practices in the...

  • DERIVATIVES & STRUCTURED PRODUCTS.  // Bond Buyer;9/17/2002, Vol. 341 Issue 31472, p7 

    Presents a graphical depiction on the municipal swap index from the Bind Market Association. Comparison on the average to high-grade variable-rate demand obligations; Use of quarterly net interest payment to close interdealing swap prices; Illustration on remarketing and liquidity costs on...

  • Municipal Bond Activities.  // Bond Buyer;12/8/2005, Vol. 354 Issue 32274, p32 

    The article presents a calendar of events related to municipal bonds. The annual holiday party of the Municipal Forum of New York will be hosted at the Lotus Club in Manhauan from 6:00 to 8:00 p.m. on December 14, 2005. The Bond Market Association is presenting its 11th annual Legal and...

  • TBMA Seeks Changes to New G-38 Proposal. Hume, Lynn // Bond Buyer;5/6/2005, Vol. 352 Issue 32127, p4 

    The article reports that the Bond Market Association recently gave credit to the U.S. Municipal Securities Rulemaking Board (MSRB) for coming up with a clear and simple new Rule G-38 that would bar dealers from using independent consultants to obtain municipal securities business. In a five-page...

  • EHYA, BMA Unite To Improve Euro HY Cause. J. M. // High Yield Report;11/21/2005, Vol. 16 Issue 44, p1 

    Reports that the European High Yield Association (EHYA) will fully integrate with the Bond Market Association (BMA) on or around January 1, 2006. Factors considered by EHYA in deciding to become a part of the BMA organization; Benefits of the action made by EHYA; Reason of BMA for integrating...

  • BMA reports MBS issuance dropped 43% in 2004. Runyan, Sally A. // Asset Securitization Report;2/21/2005, Vol. 5 Issue 7, p5 

    The article reports that Bond Market Association's total bond issuance has reached $5.48 trillion in 2004 versus $6.81 trillion in 2003. The major contributor to the decline was the drop in MBS issuance, which was impacted by the FOMC's embarking on its program to increase rates in a "measured"...

  • BMA & Euro groups take on FSA.  // Asset Securitization Report;12/12/2005, Vol. 5 Issue 47, p1 

    The article states that the EU Bond Price Transparency Committee was formed by five European trade groups to refute suggestions that greater price transparency would benefit Great Britain and European bond markets. The committee responded specifically to an investigation led by the Financial...

  • The BMA tests the waters for TBA hybrid ARMs. K. S. // Asset Securitization Report;3/14/2005, Vol. 5 Issue 10, p15 

    The article reports that Bond Market Association recently held a conference call with MBS dealers and originators to discuss the creation of a hybrid ARM TBA program. After previous attempts have proved unsuccessful, analysts from dealerships said that investors would benefit from the improved...


Read the Article


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

Try another library?
Sign out of this library

Other Topics