Few Surprises, Some News for Muni Market in Budget
- From the TM3 wire. Selway, William; Barnett, Chip // Bond Buyer;07/23/98, Vol. 325 Issue 30441, p2
Focuses on several developments concerning the bond market of the United States as of July 23, 1998. Federal Reserve Board Chairman Alan Greenspan's suggestion to use the federal budget surplus to pay down the public debt; Budget surplus posted by the federal government; New York City's...
- SOUTHEAST Bond-Watch. DeSue, Tedra; Vadum, Matthew; Vekshin, Alison // Bond Buyer;4/25/2002, Vol. 340 Issue 31373, p29
Reports developments in the bond market in the U.S. as of April 2002. Adoption of the proposed 2003 budget for the state of Florida; Promotion of Governor Bob Wise of international investment and expansion of exports; Sale of general obligation bonds to build elementary and high schools.
- Colorado May Issue $260 Million of Tobacco Bonds, After All. Albanese, Elizabeth // Bond Buyer;4/23/2003, Vol. 344 Issue 31620, p6
Colorado financial officials are planning to issue tobacco bonds to bridge state funding gaps, saying that after talking to investment bankers, they believe the market would be willing to purchase such debt. Lawmakers withdrew their plans to issue 260 million dollar of tobacco bonds to bridge...
- Budget plan includes increase in private-activity bond cap. Resnick, Amy B.; Kinnander, Ola // Bond Buyer;10/16/98, Vol. 326 Issue 30501, p1
Reports on the increase in the private-activity bond volume cap included in the budget package agreement by congressional leaders and the Clinton administration. Provisions on the increases in cap; Cost to the federal government; Actions on other administration-backed tax provisions.
- Harsh reality: Hard work, persistence needed to get cap increased next year. Ferris, Craig T. // Bond Buyer;11/02/98, Vol. 326 Issue 30512, p33
Opinion. Comments on the 50% increase in the private-activity bond volume cap for the United States in 2003 as part of the budget package. Reaction of the municipal bond market to the news; Implications for the market; Republicans' stand on the volume cap issue; Factors that could affect the...
- Atlanta OKs $1.9 Billion Budget. Sigo, Shelly // Bond Buyer;6/18/2014, Vol. 1 Issue 34128, p1
The article informs that the Atlanta City Council adopted Mayor Kasim Reed's 1.9 billion dollars budget for fiscal 2015. It states that budget is expected to bring the city to the bond market since 2009 with general obligation debt. It further mentions that general fund totals 567 million...
- Muni-Loving Clients Are Safer Than They Think. Seymour, Dan // On Wall Street;Dec2009, Vol. 19 Issue 12, p19
The article suggests that municipal bond is a safer investment vehicle for clients who are worried about higher taxes in the future. Analysts said that worries of defaults in this asset class are overblown and overstated by some market observers. According to Phil Fischer of Bank of America...
- HAWAII: Lingle Offers Budget. Saskal, Rich // Bond Buyer;1/2/2009, Vol. 367 Issue 33033, p8
The article reports on the biennial budget proposal submitted by Governor Linda Lingle to the Legislature in Hawaii. The budget proposal was made to respond the decreasing economy of the country. The proposed budget calls for $5.36 billion in general fund spending for 2010 including complete...
- Illinois Deal Helped By Market Timing. Shields, Yvette; Barnett, Chip // Bond Buyer;1/15/2016, Vol. 1 Issue F350, p1
Illinois paid higher yield penalties than it did before its budget fell into gridlock when it competitively priced a $480 million general obligation issue.