State and local public-employee pension systems had $3 trillion in cash and investment holdings in 2011, a $351.9 billion or 13.2% increase from $2.7 trillion in 2010, according to a new annual Census Bureau survey.
Census: Public Pension Plans Increased 13.2% in 2011
NOV 15, 2012 1:25pm 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