A merger between bond underwriter Jefferies & Co. and Leucadia National Corporation will not affect Jefferies' municipal bond business.
Merger to Not Affect Jefferies' Muni Business
NOV 13, 2012 3:49pm 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