Markets - Market News
New Jersey and Ohio Lift Issuance With $3.7 Billion
Sunday, January 20, 2013
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An estimated $9.19 billion is expected to be priced in the municipal primary market, compared with a revised $5.89 billion last week, as billion-dollar-plus deals from Ohio and New Jersey head the negotiated slate.

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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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