The Cook County Board Friday approved a $3 billion, fiscal 2013 budget as the county prepares to come to market later this month with roughly $300 million of refunding bonds for interest-rate savings.
Cook County Okays 2013 Budget, Prepares for $300M Refunding Deal
NOV 9, 2012 2:49pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY