Return of the GOs: Alaska Takes Rare, $462 Million Trip
- Minnesota Budget Passage Clears Deck for $400M Refunding. Shields, Yvette // Bond Buyer;6/2/2003, Vol. 344 Issue 31647, p3
This article reports that fresh from the passage of a $47 billion two-year budget that includes $750 million of new borrowing, Minnesota can now move forward with plans to competitively sell on June 17, 2003, nearly $400 million of general obligation bonds to refund now-callable 1993 debt....
- Use of interest rate swaps to cut financing costs on the rise among issuers. Goldsmith, Steve // Bond Buyer;05/22/98, Vol. 324 Issue 30399, p37
Focuses on the growing popularity among bond issuers of turning to interest-rate swaps as a tool to cut debt service costs. Total swap volume in the United States for the first quarter of 1998; Comment by Michael W. Kelly, managing director with Ambac Assurance Corp.; Benefits of such swaps.
- $450M Detroit Hockey Arena Bonds Clear Final Hurdle. Devitt, Caitlin // Bondbuyer.com;9/17/2014, p30
The article reports that the issuance of 450 million dollars of 30-year bonds on behalf of the Downtown Development Authority to finance the construction of hockey stadium in Detroit, Michigan has been approved by the Michigan Strategic Fund. The bonds feature a mix of tax-exempt and taxable...
- Low Rates, Investor Appetite Boost Mortgage Bonds. Sinnock, Bonnie // National Mortgage News;3/11/2002, Vol. 26 Issue 24, p2
Reports on the increase of mortgage bonds in the U.S. Effect of low interest rates on mortgage industry; Rate of mortgage-related securities growth; Statistics on long-term and short-term agency debt.
- Europe: Euro electrifies Asian borrowers. Chien Mi Wong // FinanceAsia;Dec2014, p13
The article discusses the increasing appeal of euro-denominated debt in Asia spurred by the low interest rates environment of Europe. Topics covered include the record-breaking amount of euro-denominated bonds raised by Asia ex-Japan borrowers, how a weakening euro strengthens the case for...
- N.J. Turnpike Agency to Restructure Debt, OKs Swap for Up to $900M. Braun, Martin Z. // Bond Buyer;5/7/2003, Vol. 344 Issue 31630, p1
According to a financial analysis, the New Jersey Turnpike Authority must restructure its debt, delaying debt service costs in order to avoid the need for toll hikes to generate cash to replenish drawn down reserves. As part of its 1.8 billion dollar plan to restructure debt and raise funds to...
- CEE: Local Markets Remain The Focus. // Emerging Markets Monitor;1/8/2007, Vol. 12 Issue 37, p17
The article offers an outlook on the debt markets across European Union countries for 2007. The trading performance of Polish and Romanian bonds is described. The article sees the potential for a significant move in the sovereign debts of Serbia. A forecast for the Interest Rate Swap market is...
- 2000's Loss Could Be 2001's Gain. Maurice, Alex // Bond Buyer;01/02/2001, Vol. 335 Issue 31048, p1
Reports on the volume of bond sales in the United States in the fourth quarter of 2000. Impact of higher interest rates on the bond sector; Effects of surging economic growth and a soaring stock market in the U.S.; Projected bond sales in 2001.
- October Sees Huge Surge In Issuance. Shields, Yvette // Bond Buyer;11/1/2001, Vol. 338 Issue 31256, p1
Reports on the increase in long-term bond issuance in the U.S. Total amount of issuance as of October 2001; Influence of lower interest rate on the increase; Response of investors to the plan of the government to suspend 30-year bond issuance.