Muni Yields Fall 3 to 4 Basis Points; Treasuries Rise Over War Reports

Chesla, Nicholas
March 2003
Bond Buyer;3/25/2003, Vol. 343 Issue 31600, p2
Trade Publication
Municipal bond yields fell between three and four basis points on March 24, 2003, while underwriters brought to market an 88 million dollar Portland, Oregon sewer system revenue and refunding bond loan.Performance of treasury bills in the bond market is being discussed in the light of war with Iraq.In the new-issue market, Salomon Smith Barney Inc. priced and repriced 88 million dollars of Portland second-lien sewer system revenue and refunding bonds.


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