| Government Securities Prices | 10-year: 102 21/32 to yield 1.71, up 6/32 30-year: 104 23/32 to yield 2.89, up 14/32 |
|---|---|
| Municipal Bond Index | 130 25/32, up 12/32 |
| The Bond Buyer's 30-Day Visible Supply (as of 04/18) | Total: $9.011 billion, down $1.787 billion Competitive: $2.579 billion, down $9.9 million Negotiated: $6.432 billion, down $1.778 billion |
| The MuniCenter List | Offering total: $10.164 billion, down $1.422 billion |
While Kansas' sales tax and revenue (STAR) bond program recorded its first default late last year, Bonner Springs is considering using it for a development that includes a Mattel toy-themed amusement park.
Brodie Killian has moved to PFM from Stifel Nicholas & Co., joining its Ann Arbor office as a director.
April continues to be "harsh" for munis as the asset class has given up roughly 72 basis points in the first two weeks of the month, said Jason Wong, vice president of municipals at AmeriVet Securities.
The city may have to make deeper cuts next year if voters don't approve two tax increases headed for the November ballot, if the City Council approves.
The most recent open solicitation period, last October, yielded three proposals.
Treasury representatives said Friday that they will be issuing further guidance to help counties deal with the upcoming reporting and compliance deadlines.
