ROC & ROL: Greater Issuance of Puttable Instruments Seen

Maurice, Alex
January 2001
Bond Buyer;01/17/2001, Vol. 335 Issue 31058, p7
Trade Publication
Reports on projected increase in the issuance of puttable synthetic derivatives in 2001. Result of growing popularity of money market funds and the dearth of short-term, tax-exempt paper; Creation and sale of secondary market municipal derivatives; Analysts' projections about so-called ROCs and ROLs, MERLOTs and BRUTs and PUTTERs and DRIVERs.


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