California¹s cash flow has improved enough to allow to the state to release more funds than it planned to schools, local governments and other programs.
California Cash Flow Improving
DEC 3, 2012 3:15pm 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