Dec. 1, 2011 | |||||
Southeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Alabama | Aa1/AA/AA+ | 0.39 | 1.45 | 2.57 | 4.14 |
Florida | Aa1/AAA/AAA | 0.44 | 1.46 | 2.62 | 4.17 |
Georgia | Aaa/AAA/AAA | 0.25 | 1.15 | 2.22 | 3.79 |
Kentucky | Aa2/AA-/AA | 0.37 | 1.34 | 2.5 | 4.09 |
Louisiana | Aa2/AA/AA | 0.35 | 1.37 | 2.49 | 4.06 |
Mississippi | Aa2/AA/AA+ | 0.35 | 1.33 | 2.52 | 4.06 |
North Carolina | Aaa/AAA/AAA | 0.25 | 1.15 | 2.22 | 3.79 |
South Carolina | Aaa/AA+/AAA | 0.25 | 1.17 | 2.23 | 3.79 |
Tennessee | Aaa/AA+/AAA | 0.25 | 1.18 | 2.25 | 3.82 |
Virginia | Aaa/AAA/AAA | 0.25 | 1.15 | 2.22 | 3.79 |
West Virginia | Aa1/AA/AA | 0.35 | 1.35 | 2.55 | 4.11 |
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Despite higher yields, muni to UST ratios remain rich. Ratios look "progressively richer" moving into the five- to 10-year part on the curve, with the 10-year spot "still far more attractive in taxables versus tax-exempts," J.P. Morgan said.
April 17 -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
April 17 -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
April 17 -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
April 17 -
The Federal Emergency Management Agency is asking for an additional $9 billion for this year in hopes they don't run out of funds in August as they're currently slated to.
April 17 -
The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.
April 17