Munis Mostly Flat as Secondary Snoozes

Scarchilli, Michael
August 2010
Bond Buyer;8/3/2010, Vol. 373 Issue 33360, p2
Trade Publication
The article reports on the flat performance of the municipal market as of August 2, 2010 amidst the fairly light secondary trading activity in the U.S. According to the Municipal Market Data, triple-A scale yielded 2.58% in 20 years and 3.67% in 20 years. Meanwhile, Minnesota is expected to lead a modest slate of state and local government debt issuance. Moreover, the Michigan Finance Authority is planning to sell 745.9 million dollar state aid revenue notes.


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