HFA Swaps Gain Ground as Smaller States Look for Savings

Piazza, Johanna; McDonald, Michael
April 2003
Bond Buyer;4/14/2003, Vol. 344 Issue 31614, p32
Trade Publication
Reports on the trend among housing finance agencies (HFAs) to experiment with swaps as part of debt portfolios in the U.S. Benefits of embedding options in the swaps; Possible downgrade of long-term ratings of Connecticut Housing Finance Authority; Reference to some of the issues by HFAs.


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