Ohio Thursday holds a competitive sale to refund $267 million of general obligation school bonds to achieve interest-rate savings, and will return to market in two weeks with $135M of new money.
Ohio Selling $267M of GO Bonds Thursday
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY