TITLE

New Money Sees Near-Record Pace

AUTHOR(S)
Curran, William
PUB. DATE
August 2006
SOURCE
Bond Buyer;8/7/2006, Vol. 358 Issue 32439, p3A
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Thomson Financial's data showing an increase in new-money issuance for the period ended June 30, 2006. The increase is attributed to state and local governments' effort to improve their finances to invest in the future. For the period, sales increased to $122.3 billion as compared to $107.5 billion in 2005. Citigroup Global markets Inc. analyst George Friedlander attributed the increase in new-money issuance to the maturity and strength of the U.S. economic expansion.
ACCESSION #
21888625

 

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