Showing posts with label Municipal Securities. Show all posts
Showing posts with label Municipal Securities. Show all posts

Thursday, August 20, 2015

Detroit's first bond sale since emerging from bankruptcy

http://www.bloomberg.com/news/articles/2015-08-19/detroit-said-to-offer-4-625-in-first-bond-sale-since-bankruptcy Bond buyers are remembering and the bonds were priced to yield returns higher than top rated debt. This situation has resulted in more scrutiny of bond sales, but the plan has been set in place.

Thursday, June 12, 2014

Bond sales slowing despite low interest rates

This article talks about a nervousness to incur bond debt by issuers, and a corresponding decrease in capital improvements as a result of the actions. Impact on yields is addressed. http://www.reuters.com/article/2014/06/02/us-usa-municipals-supply-idUSKBN0ED0Z920140602

NY City bond sale

The first bond sale since the city's proposed budget was called "credit negative" by Moody's. http://www.bloomberg.com/news/2014-06-09/nyc-bond-sale-gives-investors-vote-on-de-blasio-budget.html

Wednesday, October 9, 2013

Monday, June 3, 2013

Municipalities being scrutinized for cooking the books related to bonds

per this WSJ article.  This article generated many comments from readers related to issues of muni bond financing , culpability of players, and related matters...  http://online.wsj.com/article/SB10001424127887324659404578501241181682894.html?mod=dist_smartbrief

Monday, November 2, 2009

Municipal Securities Rulemaking Board

is located at this site. Something to be aware of at this site is EMMA, the Electronic Municipal Market Access, a database of official documents available for free to the public. (EMMA is somewhat similar to EDGAR at the SEC in terms of the types of information and disclosures that are accessible). Access to EMMA is right on the face of the website.

http://www.msrb.org/msrb1/