TITLE

Lull Expected in Primary Market, With $5.5 Billion on Tap

AUTHOR(S)
Albano, Christine
PUB. DATE
May 2008
SOURCE
Bond Buyer;5/12/2008, Vol. 364 Issue 32876, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the expected lull in primary market activity in the week ending May 12, 2008, as new-issue volume declines by over $1 billion except for two large school financings in Nevada and Florida. Thomson Reuters predicts that new issuance will decline for the following week as municipalities are expected to sell an estimated $5.46 billion. The bonds are structured to mature serially from 2014-2028, with a term bond maturing in 2033.
ACCESSION #
32114556

 

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