After Increase in National Debt limit, SLGS Are Back on Sale

Ackerman, Andrew; McConnell, Alison L.
March 2006
Bond Buyer;3/17/2006, Vol. 355 Issue 32341, p1
Trade Publication
The article reports on the resumption of sales for State and Local Government Series (SLGS) securities after an increase in national debt in the U.S. According to Frederic R. Ballard of Ballard Spahr Andrews & Ingersoll LLP, the procedure would allow issuers to deal with SLGS closures in a simple, expedient manner. Comments from other investors are also presented in this article.


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