TITLE

Bond Yields Fall 1 to 2 Basis Points; Sacramento MUD Sells $447 Million

AUTHOR(S)
Johnson, Anastasija
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/20/2003, Vol. 344 Issue 31639, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Municipal bond yields declined by one or two basis points on May 19, 2003. In the negotiated sector of the new-issue market, Bear Stearns & Co. held a retail order period for 447 million dollar of Sacramento Municipal Utility District revenue bonds and is scheduled to price it for institutional investors on May 20, 2003. In economic news, the April index of leading economic indicators rose 0.1 percent after a 0.2 percent fall in March.
ACCESSION #
9902948

 

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