| Aug. 28, 2012 | |||||
| Southwest: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Arizona | Aa3/AA+/NR | 0.36 | 0.98 | 2.09 | 3.23 |
| Arkansas | Aa1/AA/NR | 0.23 | 0.87 | 2 | 3.12 |
| Colorado | Aa1/AA/NR | 0.23 | 0.86 | 2.02 | 3.14 |
| Kansas | Aa1/AA+/NR | 0.23 | 0.86 | 2.03 | 3.17 |
| New Mexico | Aaa/AA+/NR | 0.23 | 0.79 | 1.92 | 3.06 |
| Oklahoma | Aa2/AA+/AA+ | 0.23 | 0.9 | 2.07 | 3.21 |
| Texas | Aaa/AA+/AAA | 0.24 | 0.83 | 1.94 | 3.1 |
| Utah | Aaa/AAA/AAA | 0.2 | 0.71 | 1.8 | 2.93 |
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
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.
