SEC Sets Rule for Muni FAs
Oct. 1 Deadline For Registration
By Lynn Hume, Andrew Ackerman | Sep 3The Securities and Exchange Commission announced that it has adopted a temporary rule requiring municipal advisers to register with it by Oct. 1 to comply with the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act. [FREE]
Unit Investment Trusts Become Top BAB Vehicle
By Dan Seymour | Sep 3The unit investment trust has quietly blossomed into the dominant investing vehicle for Build America Bonds — the taxable municipal debt created under last year’s stimulus legislation. [FREE]
Trend in the Region
New Model Sought for Calif. Water Agencies
Study Urges New Bond Overseer
By Randall Jensen | Sep 3An independent study calls for California to overhaul management of its water supply system and give a newly created commission oversight of billions of dollars of bond money.
Hospitals Hope to Make Detroit a Medical Nexus
By Caitlin Devitt | Sep 3Detroit-area hospitals plan to spend up to $1.3 billion on capital projects over the next several years in the hopes of creating a medical industry to help replace the city’s vanishing manufacturing base, according to a new report.
Other Headlines
Market News
Regional News
- Delaware River Port Authority Announces Hiring Freeze, Budget Cuts
- Blocked N.Y. Tobacco Tax Law Won’t Affect Seneca Bonds: S&P
- Moody’s Raises California Vets GOs to Aa2
- New Jersey TTFA Approves $1.4B Deal, Likely With BABs
- N.Y. Comptroller Requires Boost in Pension Contributions
Investors & Investing
This Week's Top 5 Issues
| Amount | Issuer | St | Description | Sale Date |
Sale Time |
|---|---|---|---|---|---|
| $899,680 | MN | 09/08/10 | 9am ET | ||
| $228,000 | NM | 09/07/10 | 9am ET | ||
| $182,000 | NC | 09/08/10 | 9am ET | ||
| $155,000 | NM | 09/07/10 | 9am ET | ||
| $120,405 | CO | 09/09/10 | 9am ET |
Weekly Indexes
| Current | Previous | High* | Low* | |
| Rev. Bond | 4.63% | 4.61% | 5.90% | 4.61% |
|---|---|---|---|---|
| 20-Bond | 3.86% | 3.88% | 5.16% | 3.86% |
| 11-Bond | 3.60% | 3.61% | 4.94% | 3.60% |
| 1-Yr. Note | 0.51% | 0.49% | 1.09% | 0.39% (all time) |
*(Last 12-months)
Today's Top Competitive Issues
There are no competitive bond sales scheduled for September 3, 2010.
