![One day after Curt Schilling's 38 Studios hand-delivered[lt]br[gt]a check to Rhode Island’s EDC that didn't clear, the[lt]br[gt]video-game company paid up. [lt]i[gt]Photo: Bloomberg[lt]/i[gt]](http://cdn.bondbuyer.com/media/newspics/BB052112trend_250.jpg)
a check to Rhode Island’s EDC that didn't clear, the
video-game company paid up. Photo: Bloomberg
Trend in the Region
Schilling Makes a Payment
By Paul Burton | May 21The business woes of the online video game company former star baseball pitcher Curt Schilling has founded, which appears to be unraveling faster than the 2011 Red Sox, have set off a political, media and bond-industry firestorm. [FREE]
The Week Ahead
N.Y.C. GOs Dominate Calendar
By James Ramage | May 21Volume in the municipal market is bulking up this week. The industry expects $9.19 billion to reach the primary, compared with $6.83 billion that arrived last week. [FREE]
NABL, ABA Urge Push For Issue-Price Guidance
By Jennifer DePaul | May 18NABL and the ABA tax-exempt financing committee are urging the Treasury Department and the IRS to develop guidance on the definition of issue price for tax-exempt bonds, BABs and other direct-pay tax credit bonds.
Other Headlines
Market News
- Traders Rebel Against Low Yields
- Fitch: Hospitals Almost Half of Hospitals See Capital Spending Hikes From IT
Regional News
- Missouri Lawmakers OK $24B Budget; Refundings Set
- Nassau County, N.Y., Oversight Board Nixes Sewer P3
- San Diego Start-Up Hires Structured Finance Expert
- S.F. Utility Sets $686M to Strengthen Water System
- Oklahoma Leaders Reach Pact on Tax Cuts
- R.I. Gov: 38 Studios Paid Us
- California LAO Has Questions About Brown’s Budget
- Austin Risks Utility Downgrade Without Adequate Rate Hikes, FA Warns
Washington
Underwriters & Dealers
This Week's Top 5 Issues
| Amount | Issuer | St | Description | Sale Date |
Sale Time |
|---|---|---|---|---|---|
| $800,000 | NY | 05/21/12 | 9am ET | ||
| $650,000 | TX | 05/21/12 | 9am ET | ||
| $575,710 | CA | 05/22/12 | 11am ET | ||
| $432,035 | WA | 05/21/12 | 9am ET | ||
| $384,325 | CA | 05/21/12 | 9am ET |
Weekly Indexes
| Current | Previous | High* | Low* | |
| Rev. Bond | 4.75% | 4.73% | 4.93% | 4.70% |
|---|---|---|---|---|
| 20-Bond | 3.75% | 3.71% | 4.08% | 3.60% |
| 11-Bond | 3.53% | 3.49% | 3.86% | 3.34% |
| 1-Yr. Note | 0.24% | 0.25% | 0.28% | 0.22% |
*(calendar year)
Today's Top Competitive Issues
| Amount | Issuer | St | Description | Sale Date |
Sale Time |
|---|---|---|---|---|---|
| $60,760 | NM | 05/21/12 | 10am ET | ||
| $10,000 | IA | 05/21/12 | 12pm ET | ||
| $9,930 | IA | 05/21/12 | 11:30am ET | ||
| $9,470 | IA | 05/21/12 | 11:30am ET | ||
| $7,450 | PA | 05/21/12 | 11:15am ET |
Insurer Ratings at a Glance
As of Dec. 20, 2011
