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Regional News
NYC Water to Sell $435M
by: Paul Burton
Monday, February 11, 2013
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The New York City Municipal Water Finance Authority plans to sell about $435 million of second resolution, fixed-rate tax exempt new money bonds on Feb. 20.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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