TITLE

PAB Issuance Kept Ebbing Through '09

AUTHOR(S)
Schroeder, Peter
PUB. DATE
August 2010
SOURCE
Bond Buyer;8/4/2010, Vol. 373 Issue 33361, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a survey by the Council of Development Finance Agencies which shows that private-activity bond (PAB) issuance has hanged in 2009 for the second time in a row despite the U.S. Congress efforts to make bonds attractive. The survey showcases the 50 states that issued 11.9 billion U.S. dollar worth of PABs in 2009, indicating a 1,7 billion or 12.7% decline from 2008. Moreover, PAB issuance is still down even with the American Recovery and Reinvestment Act.
ACCESSION #
52841089

 

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