Regional News
Nassau County, N.Y., to Sell $260M of Tans
Wednesday, December 5, 2012
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Nassau County is planning to sell $260 million of tax anticipation notes for cash flow purposes on Thursday. A portion of the proceeds will go toward financing storm-related costs.

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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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