| Government Securities Prices | 10-year: 99 16/32 to yield 2.81, down 18/32 30-year: 98 1/32 to yield 3.86, down 27/32 |
|---|---|
| Municipal Bond Index | 111 30/32, down 16/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 12/03) | Total: $11.423 billion, up $703.9 million Competitive: $2.374 billion, up $169.3 million Negotiated: $9.049 billion, up $534.6 million |
| The MuniCenter List | Offering total: $10.226 billion, up $1.422 billion |
Some of the largest deals — all of which are general obligation bond deals — are from specialty states, including California, New York City and Connecticut.
"We are optimistic that rates may normalize by the time the bonds price next week," said Maliha Ahsan, spokesperson for the Office of the State Treasurer.
The step is part of a larger effort to attract financial firms to St. Croix.
September saw the weakest month of total returns since 2008, according to J.P. Morgan analysts.
"I want us to be forward-thinking about how we regulate, " said Chilton, whose term as board chair began Oct. 1.
The rating agency, which switched its outlook to stable from positive last year, went back to positive due to reduced risks in DFW's massive capital program.
