| Apr. 3, 2012 | |||||
| Southwest: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Arizona | Aa3/AA+/NR | 0.34 | 1.26 | 2.41 | 3.69 |
| Arkansas | Aa1/AA/NR | 0.26 | 1.15 | 2.32 | 3.58 |
| Colorado | Aa1/AA/NR | 0.26 | 1.14 | 2.34 | 3.6 |
| Kansas | Aa1/AA+/NR | 0.23 | 1.14 | 2.35 | 3.63 |
| New Mexico | Aaa/AA+/NR | 0.23 | 1.12 | 2.31 | 3.58 |
| Oklahoma | Aa2/AA+/AA+ | 0.24 | 1.18 | 2.39 | 3.67 |
| Texas | Aaa/AA+/AAA | 0.22 | 1.14 | 2.29 | 3.57 |
| Utah | Aaa/AAA/AAA | 0.18 | 0.99 | 2.12 | 3.39 |
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
"Each party in this deal benefits in some way," said Seema Mohanty, founder of Mohanty Gargiulo.
