TITLE

It's all relative: Bank CDs' low yields make munis look like a better deal

AUTHOR(S)
Albano, Christine
PUB. DATE
February 1998
SOURCE
Bond Buyer;02/18/98, Vol. 323 Issue 30333, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that municipal bonds continue to be in demand in the Midwest as of February 18, 1998 despite of low yields as an increasing number of investors seek replacements for investments in bank certificate of deposits. Shortage of insured general obligation credits due 10 to 15 years; Possibility that some investors are withdrawing investments in income-tax debts due on April 1998.
ACCESSION #
290144

 

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