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Michigan County Eyes Refunding OPEB Debt
by: Caitlin Devitt
Tuesday, November 20, 2012
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Triple-A rated Oakland County wants to take advantage of a new state law and issue GO bonds to refinance roughly $500 million of outstanding certificates of participation it issued in 2007 to cover its retiree health care liability.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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