The week's largest deals have arrived to give the municipal market a year-end feel. As expected, investors are feeding at the new-issue trough and largely ignoring the secondary.
Market Post: Munis Appears Steady, Healthy as New Issues Arrive
DEC 4, 2012 1:52pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
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