Bond Buyer editors in prior years have presented the newspaper's Deal of the Year award to transactions that represent a cross section of municipal finance, from housing bonds to power bonds to water bonds and bonds to build sport stadiums. This year we decided on bridges.
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY