Coming This Summer: An Extra-Heavy Bond Redemption Season

Fine, Jacob
May 2003
Bond Buyer;5/30/2003, Vol. 344 Issue 31646, p1
Trade Publication
It's payback time for municipal bond investors as the market appears to be headed for an unusually heavy redemption season in the summer of 2003. Redemption advertising in 'The Bond Buyer' on May 30, 2003 was so large, the paper had to adjust the way it runs its daily issuance calendar due to production constraints. Because July 1 is a standard date for bonds to mature or be called, and many issuers may be required to give 30 days notice in accordance with bond indentures, the last business day in May tends to be a popular date for redemption advertising. A total of 262 redemption notices were published in May, fewer than in previous years.


Related Articles

  • Muni Market Saw Hefty Supply Price in Active Week. Barnett, Chip; Shields, Yvette // Bondbuyer.com;7/17/2015, p21 

    The article informs about the US municipal bond market that saw hefty supply price in a week. Three deals of over $1 billion each sold during the week by issuers in Chicago, Indiana, and California. Deteriorating financial situation in Puerto Rico have contributed to bond funds cash...

  • Bond calls & redemptions.  // Bond Buyer;02/03/98, Vol. 323 Issue 30323, p26 

    Presents a chart on calls and redemptions of municipal bonds and government securities in the United States as of February 3, 1998. Includes the Marion County Public Water Authority, Alabama's revenue bonds; Colorado Housing & Finance Authority revenue bonds; Indianapolis, Indiana economic...

  • Bond calls & redemptions.  // Bond Buyer;11/30/98, Vol. 326 Issue 30529, p36 

    Presents charts on calls and redemptions of municipal bonds and government securities in the United States. Includes the Sierra Vista Municipal Property Corp. in California; Atlanta Urban Residential Finance Authority in Georgia; Kentucky Turnpike Authority; Washington State Housing Finance...

  • Jefferson County Bankruptcy Plan May Roil Market. SIGO, SHELLY // Bond Buyer;6/6/2013, Vol. 384 Issue 33924, p6 

    The article offers information on a deal associated with the sewer system debt of Jefferson County, Alabama. It mentions that the long-term impact of the deal on the municipal bond market of the U.S. It mentions that the deal with 78 percent of the county's creditors who hold the sewer system...

  • Bond Funds Keep Their Composure. RAMAGE, JAMES // Bond Buyer;7/25/2013, Vol. 385 Issue 33951, p1 

    The article offers information on the impact of the historic bankruptcy filing of Detroit, Michigan on the U.S. municipal bond funds and their investors. According to managers of municipal bond funds, investors are standing faultlessly after the historic bankruptcy filing in July 2013. It also...

  • Munis Up 1/4 to 1/2 Point on Greenspan; Conn. Nets $200 Million in Retail Orders. Monsarrat, Senn // Bond Buyer;12/06/2000, Vol. 334 Issue 31031, p2 

    No abstract available.

  • Cash Could Be Migrating Out of Safe Havens at a Slower Pace. Seymour, Dan // Bond Buyer;11/30/2009, Vol. 370 Issue 33224, p7 

    The article offers information on the status of municipal bond market in the U.S. It mentions that the sector has been showered by billions of cash of tax-free market funds and are invested with billion-worth municipal bond mutual funds from investors. It states that despite the flow of funds...

  • 'Natural' AAA Bonds See Demand. Posner, Matthew // Bond Buyer;12/12/2007, Vol. 362 Issue 32772, p1 

    The article reports on the increasing demand by capitalists and investors of the so-called natural triple-A rated municipal bonds. The increase is allegedly due to the fact that the said municipal bonds offer lower yields than their insured counterparts. Another reason is allegedly the...

  • Bond Buyers Keep Their Eyes on the Primary. RAMAGE, JAMES // Bond Buyer;6/23/2011, Vol. 376 Issue 33538, p2 

    The article reports on investors shifting the focus of the municipal bond market over to the primary in the U.S., leaving the secondary largely flat. It is said that investors are discouraged by low municipal bond yields and major uncertainties about the economy. A New York trader noted that...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics