| Government Securities Prices | 10-year: 100 16/32 to yield 3.31, up 15/32 30-year: 102 1/32 to yield 4.25, up 23/32 |
|---|---|
| Municipal Bond Index | 110 4/32, up 7/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 11/25) | Total: $10.453 billion, up $4.005 billion Competitive: $1.603 billion, up $726.0 million Negotiated: $8.850 billion, up $3.279 billion |
| The MuniCenter List | Offering total: $10.399 billion, down $9.3 million |
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
"Each party in this deal benefits in some way," said Seema Mohanty, founder of Mohanty Gargiulo.
