| Government Securities Prices | 10-year: 98 12/32 to yield 1.81, down 10/32 30-year: 95 31/32 to yield 2.95, down 10/32 |
|---|---|
| Municipal Bond Index | 130 18/32, unch |
| The Bond Buyer's 30-Day Visible Supply (as of 10/23) | Total: $12.001 billion, up $1.013 billion Competitive: $2.322 billion, down $23.2 million Negotiated: $9.679 billion, up $1.037 billion |
| The MuniCenter List | Offering total: $8.690 billion, down $41.2 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.
