| Government Securities Prices | 10-year: 93 21/32 to yield 2.48, up 16/32 30-year: 87 14/32 to yield 3.56, up 16/32 |
|---|---|
| Municipal Bond Index | 112 17/32, down 117/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 07/22) | Total: $10.011 billion, down $156.6 million Competitive: $3.038 billion, up $194.2 million Negotiated: $6.973 billion, down $350.8 million |
| The MuniCenter List | Offering total: $7.692 billion, down $2.046 billion |
The "impressive" investor appetite for tax-exempts has been "holding steady all quarter despite expensive valuations, supply surges and periods of low reinvestment demand," said GW&K Investment Management strategists in a report.
As space becomes an increasingly important frontier for development and competition, spaceports should enjoy the same financial benefits as airports and seaports, say supporters of the federal legislation.
The governor should have involved the legislature earlier in decision making on how to give the Water and Power Authority money to make a bond payment, lawmakers said.
A Utah law may be tapped to issue bonds to renovate a downtown Salt Lake City basketball arena to accommodate the former Arizona Coyotes.
Along with UBS' departure from the negotiated underwriting space, various firms have hired talent from both firms to increase their primary and secondary market presence. Many hope for some positive effects in both competition and secondary market liquidity as a result.
The bond plan, a key priority for Mayor Brandon Johnson, will be paid for with revenue gained by letting tax increment financing districts expire.
