| May. 22, 2012 | |||||
| Southwest: Plain/Insured GO Yield Curve* | |||||
| State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
|---|---|---|---|---|---|
| Arizona | Aa3/AA+/NR | 0.36 | 1.04 | 2.08 | 3.39 |
| Arkansas | Aa1/AA/NR | 0.28 | 0.93 | 1.99 | 3.28 |
| Colorado | Aa1/AA/NR | 0.28 | 0.92 | 2.01 | 3.3 |
| Kansas | Aa1/AA+/NR | 0.25 | 0.92 | 2.02 | 3.33 |
| New Mexico | Aaa/AA+/NR | 0.25 | 0.9 | 1.98 | 3.28 |
| Oklahoma | Aa2/AA+/AA+ | 0.26 | 0.96 | 2.06 | 3.37 |
| Texas | Aaa/AA+/AAA | 0.24 | 0.92 | 1.96 | 3.27 |
| Utah | Aaa/AAA/AAA | 0.2 | 0.77 | 1.79 | 3.09 |
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
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.
