The District of Columbia achieved its lowest 25-year interest rate ever, surpassing even rates seen with federally subsidized Build America Bonds, when it sold its income tax-secured revenue bonds this week, the Office of the Chief Financial Officer announced Tuesday.
District of Columbia Sale Nets Record Rate
NOV 13, 2012 3:34pm ET
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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