Louisiana is rapidly running out of general obligation bond proceeds to finance state capital projects and can't issue enough additional debt to pay for projects already on the books.
Louisiana Seeks Solution to GO Bond Imbalance
FEB 27, 2013 3:39pm 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