Munis Unchanged; Illinois Sells $900M of BABs

Scarchilli, Michael
July 2010
Bond Buyer;7/15/2010, Vol. 373 Issue 33350, p2
Trade Publication
The article focuses on the performance of the municipal market which remains to be the same amid slight to moderate secondary trading activity in the U.S. It highlights the launch of 900 million dollars of taxable Build America Bonds (BABs) by Illinois in the primary. It mentions the move of Citigroup Inc. to price 900 million dollars of taxable BABs for Illinois as well as the auction of 13 billion dollars of 30-year bonds by the Treasury Department.


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