Tuesday, June 1, 2010

State and local governments shifting to selling taxable bonds

http://www.bondbuyer.com/issues/119_352/monthly_muni_volume-1012894-1.html
While this article in the Bond Buyer newspaper indicates May was the fourth heaviest bond issuance for May since the information has been tracked, it also has some complexities as governments are shifting their financing somewhat to non-tax exempt issuances.  Read to see why this is happening

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