| Government Securities Prices | 10-year: 103 1/32 to yield 3.26, up 7/32 30-year: 106 14/32 to yield 4.36, up 13/32 |
|---|---|
| Municipal Bond Index | 108 3/32, up 7/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 05/04) | Total: $6.733 billion, down $454.9 million Competitive: $1.773 billion, down $55.5 million Negotiated: $4.960 billion, down $399.4 million |
| The MuniCenter List | Offering total: $9.139 billion, up $441.2 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.
