TITLE

Municipals Unchanged as LIPA, Missouri, Rhode Island Sell Deals

AUTHOR(S)
Chesla, Nicholas
PUB. DATE
April 2003
SOURCE
Bond Buyer;4/4/2003, Vol. 344 Issue 31608, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
There was moderate trading of municipal bonds while the Long Island Power Authority in New York, the Missouri Housing Development Commission, and the Rhode Island Refunding Bond Authority entered the new-issue market. Treasuries were mostly higher, gaining ground on weak economic data and the prospect of coalition forces poised to enter Baghdad, Iraq. �It hasn't been spectacular but there's been selective buying in the certain parts of the curve,� a trader in New York said Bonds due 2008 yielded 34 basis points more than Municipal Market Data's Wednesday triple-A yield curve scale while bonds due 2013 yielded 40 basis points more.
ACCESSION #
9549500

 

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