Stiff competition with the private sector put bonds issued by the Minnesota city of Monticello to build a city-owned broadband network in default.
Minnesota City Broadband System Falters on $26M of Bonds
DEC 4, 2012 4:30pm 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