| Government Securities Prices | 10-year: 99 24/32 to yield 2.78, up 8/32 30-year: 98 13/32 to yield 3.84, up 12/32 |
|---|---|
| Municipal Bond Index | 111 27/32, down 3/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 12/04) | Total: $10.785 billion, down $638.5 million Competitive: $2.425 billion, up $50.7 million Negotiated: $8.360 billion, down $689.2 million |
| The MuniCenter List | Offering total: $10.688 billion, up $461.2 million |
"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.
