Mar. 21, 2013 | |||||
Southeast: Plain/Insured GO Yield Curve* | |||||
State | Ratings | One-Year | Five-Year | 10-Year | 30-Year |
---|---|---|---|---|---|
Alabama | Aa1/AA/AA+ | 0.23 | 1.04 | 2.15 | 3.31 |
Florida | Aa1/AAA/AAA | 0.25 | 1.03 | 2.19 | 3.33 |
Georgia | Aaa/AAA/AAA | 0.2 | 0.86 | 1.94 | 3.09 |
Kentucky | Aa2/AA+/AA | 0.23 | 1.04 | 2.17 | 3.32 |
Louisiana | Aa2/AA/AA | 0.24 | 1.04 | 2.17 | 3.32 |
Mississippi | Aa2/AA/AA+ | 0.25 | 1.03 | 2.15 | 3.32 |
North Carolina | Aaa/AAA/AAA | 0.2 | 0.88 | 1.94 | 3.09 |
South Carolina | Aaa/AA+/AAA | 0.21 | 0.88 | 1.95 | 3.09 |
Tennessee | Aaa/AA+/AAA | 0.21 | 0.9 | 1.97 | 3.09 |
Virginia | Aaa/AAA/AAA | 0.2 | 0.85 | 1.92 | 3.07 |
West Virginia | Aa1/AA/AA | 0.25 | 1.05 | 2.2 | 3.36 |
-
Despite higher yields, muni to UST ratios remain rich. Ratios look "progressively richer" moving into the five- to 10-year part on the curve, with the 10-year spot "still far more attractive in taxables versus tax-exempts," J.P. Morgan said.
4h ago -
The growing federal debt level may pressure lawmakers to retract or reduce the tax-exemption for munis to generate revenue, some market participants argue.
4h ago -
It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.
5h ago -
The meeting was attended by trade organizations, MSRB board leadership, Finance Committee members and MSRB senior staff.
5h ago -
The Federal Emergency Management Agency is asking for an additional $9 billion for this year in hopes they don't run out of funds in August as they're currently slated to.
7h ago -
The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.
8h ago