Community Standouts
New Issuance
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Digital Edition

Daily report for September 29, 2025

BB_092925.jpg
Digital Edition

Daily report for September 29, 2025

Anatomy of a Deal
The Securities and Exchange Commission flag flies in front of a building.
MuniThink

Issuers routinely refund 5% bonds in year 10, and the resulting savings can be significant. It is notable that although refunding is typically associated with declining interest rates, 5% bonds are refunded even if rates rise.

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