N.Y. City's Kostik Solid Behind the Scenes

MTA Taps Digital Technology Amid Crisis

Gateway Tunnel Agreement Seen As Positive

Former NYC Finance Official to Consult Nassau County Control Board

MTA Taps Hakim as N.Y. City Transit President

Control Board Rejects $2.95B Nassau County Budget

N.Y. City Paratransit Call Center Workers Threaten Strike

Port Authority Executive Director Stepping Down

Interest Rates Among MTA's Great Unknowns

Mesirow Adds to Infrastructure/P3 Team

Career Zone


New York State Assemblyman Phillip Goldfeder, D-Queens, examines outer-borough growth and transit needs in New York City, as well as efforts to harden its water-exposed neighborhoods.

The notion of option-adjusted spread (OAS) is the standard analytical tool for taxable fixed income securities. It is also making inroads into the muni market. Unfortunately the usual implementation for munis is flawed, rendering the results virtually meaningless. So it is understandable that many muni professionals shy away from OAS in favor of the archaic ‘yield-to-worst’ approach. Correct implementation would undoubtedly attract converts.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.