Buy side

Citi's assessment is conditioned on pension obligation bonds being part of a package to tackle the city's pension liabilities.

In the week ended August 16, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index dipped to 4.02% from 4.03% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The new site is evidence of its commitment to transparency, the state's finance secretary says.

Studies of the pricing benefits of the two approaches have been far from conclusive.

The potential sale comes as asset managers grapple with narrowing margins as fees fall and regulatory costs mount.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.03% from 4.01% the week before.

Bond investors had mixed reactions to the city's announcement that it is exploring a pension bond deal.

In the week ended August 2, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.01% from 3.99% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

CFO Carole Brown says the Windy City is being shortchanged in terms of ratings and yields.

For the first time this year, the municipal bond market generated more volume than it did in the same month of 2017, as July issuance edged 1.3% higher.