Illinois entered the New Year with a backlog of $9 billion in unpaid bills and the strain shows no sign of ebbing, according to reports published Monday.
Reports Highlight Illinois' Struggle to Pay its Bills
FEB 25, 2013 4:39pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY