| Week Of December 9 | |||||||||||||
| Issuer | St | Description | Amount ($000s) | Lead Manager | Financial Adviser | Insurer | Mdy's | S & P | Fitch | First Appeared | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Minnesota Rural Wtr Fin | MN | Pub Fac | 20,000 | Raymond James | --- | --- | --- | --- | --- | Today | |||
| Cumberland (Town) | RI | GO Tax Antic | 9,500 | TD Securities | FirstSouthwest | --- | --- | --- | --- | Dec 5 | |||
"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.
The drought-prone Texas city's $300 million utility system bond issue comes to market after rainfall and ongoing projects boosted water supplies.
