Tender rates for the Treasury Departments latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 0.105% high rate, flat from 0.105% the prior week, and the six-months incurred a 0.145% high rate, off from 0.150% the week before.
A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY