Muni Contract Trades Low

Hume, Lynn
January 2003
Bond Buyer;1/7/2003, Vol. 343 Issue 31547, p1
Trade Publication
Reports on the low performance of municipal futures contracts in December 2002, on the basis of revised index-based contract of the Chicago Board of Trade '10 Year Municipal Note Index in December.' Decline in performance due to low volume trading in the contracts; Optimism of economists regarding a possible upward movement in traded volumes; Comparison between old index-based contract with the revised contract.


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