Shelly Sigo

Recent Stories From this Author

Miami Gardens Voters OK First GOs
April 22, 2014 Miami Gardens, Fla., voters authorized the city to issue $60 million of general obligation bonds April 21. It would be the...

Jefferson County Attorneys: Dismiss Bankruptcy Appeals
April 22, 2014 Jefferson County, Ala.'s attorneys say petitions appealing the county's bankruptcy exit plan fail to address legal matters and...

Three Candidates Vie to Lead Atlanta International Airport
April 21, 2014 Atlanta Mayor Kasim Reed plans to name Atlanta International Airport's new manager in the next two weeks after interviewing...

Florida Expressway Authority Outlook Now Stable: Moody's
April 21, 2014 Moody's revised the outlook on the Orlando-Orange County Expressway Authority, Fla., to stable as it prepares a work plan and...

Louisiana to Use Defeasance for Budget Relief
April 17, 2014 Louisiana will use non-recurring revenue to defease $210 million of bonds to help close a deficit in the 2015 budget even...

Kentucky Seeks Firms for Statewide Fiber Optic Internet
April 17, 2014 Kentucky plans to use bond financing to partially fund upgrading high-speed Internet access across the state through fiber...

North Carolina Interstate Toll Project Faces Opposition
April 16, 2014 A North Carolina Interstate toll project aimed at congestion relief faces growing resistance from opponents that want the...

Florida's Local Governments Face Slow Tax Growth: Moody's
April 15, 2014 Slow property tax growth will force Florida's local governments to rely on non-tax revenue for operations, leaving less for...

Florida Lawmakers Want Pension Reform
April 14, 2014 Florida's pension plan for public employees faces new reform measures in the Legislature though it is considered well-funded...

Memphis, Tenn., Closes on Largest GO Deal Ever
April 14, 2014 Memphis, Tenn., recently closed on the sale of $208 million of general obligation bonds after a marketing effort that allowed...




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.

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