The Bond Buyer articles from April 2007

The Bond Buyer archives from April 2007

Monday.
April 2, 2007... Regions LAS VEGAS MAYOR OSCAR GOODMAN is closing in on his goal of getting a professional sports team to make its home in the city of 24-hour sports betting, and will release a request for proposals to build an arena April 20. 6 ...

Market Continues Record Pace: Strong 1st Quarter Led by Refundings.
April 2, 2007... The $40.8 billion of bonds issued in the municipal market last month has the year on record-breaking pace, as the first quarter of 2007 totaled $104 billion of bonds. This is an increase of 49% from last year, according to Thomson Financial....

Trends in the Region: Massachusetts May Gain More Access to SABs.
April 2, 2007... Massachusetts could hold an additional trump card in its infrastructure financing portfolio if state lawmakers pass legislation, known as chapter 40T, that would allow municipalities easier access to special assessment bond financing, a $12...

Lotteries' Big P3 Payout: Gaming Analyst: States Could Get $207B.
April 2, 2007... WASHINGTON -- The nation's 41 lotteries could provide states with about $207 billion in payments from private firms under public-private partnerships, a gaming industry analyst said last week. "States are sitting on top of unrealized equity...

In Brief: February Personal Income, Spending Each Rise 0.6%.
April 2, 2007... WASHINGTON -- The U.S. February personal income report was a little stronger than expected, but higher inflation will offset some of its effects on the real gross domestic product accounts. February personal income gained 0.6%, personal...

In Brief: Construction Spending Up 0.3% to $1.171 Trillion.
April 2, 2007... Spending on construction projects rose 0.3% to a seasonally adjusted annual rate of $1.171 trillion in February, as private construction increased 0.2%, and public construction rose 0.4%, according to Commerce Department figures released...

In Brief: Chicago PMI Surges To 61.7 From 47.9.
April 2, 2007... The Chicago Purchasing Managers' Business Barometer soared to 61.7 in March from 47.9 in February, the National Association of Purchasing Management-Chicago said this morning. The data is compiled on a seasonally adjusted basis. An index...

In Brief: NAPM-NY BCI Dips To 449.4 From 449.7.
April 2, 2007... The New York business conditions index in the National Association of Purchasing Management-New York's Report on Business decreased in March to 449.4 from 449.7 in February. The report's outlook-expectations index dropped to 50.0 from...

In Brief: U. of Mich. March Index At 88.4 vs. 91.3 in Feb.
April 2, 2007... The University of Michigan's March consumer sentiment index reading was 88.4, compared to the preliminary March reading of 88.8, the final February reading of 91.3, and the final January reading of 96.9, according to market sources. ...

Munis Unchanged to Slightly Weaker on New Data.
April 2, 2007... The municipal market was unchanged to slightly weaker Friday, as stronger than expected construction spending data and a higher than anticipated Chicago purchasing managers index reading swung the balance from earlier mixed data and drove...

Secondary Mortgage Market: Fannie Mae to Buy Tax-Exempts After a Two-Year Suspension.
April 2, 2007... Secondary mortgage market titan Fannie Mae announced Friday that it will soon resume purchases of tax-exempt bonds from state and local housing finance agencies, a move that would end a two-year suspension of its tax-exempt debt purchases. ...

S. Carolina Treasurer Looks to Put Stamp on State's Finances.
April 2, 2007... ATLANTA -- Thomas Ravenel, South Carolina's newly elected treasurer, has some new ideas about how to more efficiently take care of the state's finances, which could be expected considering his background is in the private sector rather than...

Legislation: Washington Congressman's Bill Would Extend CREBs for 5 Years.
April 2, 2007... Legislation introduced last week by Rep. Jim McDermott, D-Wash., would extend the clean renewable energy bond program for five years and allow unlimited issuance of the taxable, tax-credit bonds during that period. The bill would enable...

Enforcement: Wisconsin Health Agency Receives Adverse Letter From IRS.
April 2, 2007... The Internal Revenue Service has sent the Wisconsin Health and Educational Facilities Authority a proposed adverse determination letter because its $56.25 million of Series 2001 pooled bonds failed to comply with the federal tax code's public...

Las Vegas Plans New Arena With Eye Towards Luring a Pro Team.
April 2, 2007... SAN FRANCISCO -- Las Vegas Mayor Oscar Goodman is closing in on his goal of getting a professional sports team to make its home in the city of 24-hour sports betting, and will release a request for proposals to build an arena April 20. The...

Some Issuers Using Trusts to Begin Addressing Their OPEB Liabilities.
April 2, 2007... ORLANDO, Fla. -- Some issuers are using trusts that may or may not involve selling debt to begin addressing other post-employment benefit liabilities, speakers said last week at The Bond Buyer's Second Annual OPEB Conference here. A...

Texas Senate Considering Two-Year $150 Billion Budget.
April 2, 2007... DALLAS -- The Texas Senate began consideration of the state's proposed $150 billion budget Friday after the two-year spending plan won approval in the House. The Senate Finance Committee opened hearings on SB 1, the Senate version of HB 1,...

Mutual Funds: Weekly Reporters See $547M of Inflows.
April 2, 2007... Weekly reporting municipal bond mutual funds had a net inflow of $547 million during the period ending March 28, AMG Data Services reported. The results were up from a $507 million inflow the previous week and represent the 36th consecutive...

The Week Ahead: Volume Down by Almost Half as Issuers Ready $5 Billion.(Calendar)
April 2, 2007... After a week highlighted by a massive general obligation refunding in excess of $4 billion, the primary market cools down this week, with projected volume settling in at approximately $5 billion, about half of the $9.8 billion that entered the...

Trends in the Region: Northeast Invisible Supply.
April 2, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CONNECTICUT State GOs $435 A spring DISTRICT OF COLUMBIA State GOs $300 A 2007 D.C. PILOTs for Treasury...

Visible Supply by State.
April 2, 2007... March 30, 2007 March 23, 2007 State Issues Amount Issues Amount Chg in Amt Connecticut 1 $9,865,000 3 $159,775,000 -$149,910,000 Delaware 0 0 1 117,705,000 -117,705,000 Maine 2 5,260,000 1 1,360,000...

Plain/Insured GO Yield Curves for March 29, 2007*.
April 2, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Delaware Aaa/AAA/AAA 3.55 / 3.57 3.56 / 3.61 3.76 / 3.81 4.11 / 4.14 Maryland Aaa/AAA/AAA 3.55 / 3.55 3.57 / 3.60 3.77 / 3.82 4.11 / 4.15 Vermont Aaa/AA+/AA+ 3.57 /...

CONNECTICUT: CHEFA Adds Underwriters.
April 2, 2007... The Connecticut Health and Educational Facilities Authority's board last week approved seven new underwriters to be added to its current list of 33 firms. Overall, "it's been a fairly smooth process," CHEFA chief financial officer Jeffrey...

DISTRICT OF COLUMBIA: Bailey Goes to Venable.
April 2, 2007... Claude E. Bailey, a key legal adviser on high-profile public projects in the District of Columbia, joined Venable LLP last week as a partner in the law firm's state and local government group. Bailey was previously general counsel for both...

MAINE: Raising Kennebunk.
April 2, 2007... Moody's Investors Service last week upgraded its rating on Kennebunk to Aa3 from A1 in conjunction with the town's $1.36 million general obligation bond sale scheduled for tomorrow. Moors & Cabot Inc. is the financial adviser and Jensen...

NEW JERSEY: Train Tunnel Partners.
April 2, 2007... The Port Authority of New York and New Jersey entered into a memorandum of understanding with New Jersey Transit Corp. to define each agencies' role in the $7.2 billion Trans-Hudson Express tunnel project, following the memorandum's approval at...

NEW YORK: Roosevelt Schools on Watch.
April 2, 2007... Moody's Investors Service placed the Roosevelt Union Free School District's general obligation and revenue debt on watch list for possible downgrade following material events notices of two delinquent interest payments filed earlier this year...

Competitive Bond Offerings.
April 2, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....

Competitive Note Offerings.
April 2, 2007... Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is...

Negotiated Bond Offerings.
April 2, 2007... Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of April 2 Apache Junction...

Results of Negotiated Sales.
April 2, 2007... ALABAMA Alexander City Industrial Development Board Mar 30, 2007 $1,700,000 Variable/Fixed Rate Revenue Bonds (WFP Holding, Inc. Project) (Letter of Credit Issued by Compass Bank) (book entry) Dated Mar 30, 2007. Due Mar...

Results of Competitive Sales.
April 2, 2007... DELAWARE Delaware Transportation Authority Mar 29, 2007 $87,890,000 Transportation System Senior Revenue Bonds, 2007 Series A (book entry). Dated Apr 11, 2007. Due Jul 1, 2007 to 2021. Callable Jul 1, 2017 at par....

Triple-A Georgia Selling Nearly $600M, Its First Deal of 2007.
April 2, 2007... ATLANTA -- Georgia will on Wednesday competitively sell nearly $600 million of debt, marking the first deal from the triple-A rated state this year, but seemingly not the last, as a total of $1 billion could be floated by the state by the end...

Calif.'s Sutter Health to Sell $958M With CHFFA Backing.
April 2, 2007... SACRAMENTO -- Nonprofit hospital operator Sutter Health plans to go to market this month after winning long-sought approval to use the California Health Facilities Financing Authority as its conduit for a $958 million revenue bond issue. ...

Long-Term Bond Sales: January - March.
April 2, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $104,031,200 2,702 $69,724,200 2,615 +49.2 % January 31,423,100 836 18,778,800 719 +67.3 February 31,798,700 863 23,871,900...

New-Issue Volume Notes.
April 2, 2007... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's database on Friday, March 30, 2007. All figures are preliminary and subject to revision. Long-term bonds have final stated maturities...

Bond Sales by State: January - March.
April 2, 2007... 2007 2006 Volume Volume Percentage State Rank ($000s) Rank ($000s) Change Alabama 26 $1,079,500 22 $1,096,000 -1.5 % Alaska 39 424,300 30 658,200 -35.5 Arizona 15 1,923,900 25 833,400 +130.8 Arkansas...

Long-Term Bond Sales: March.
April 2, 2007... 2007 2006 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $40,809,400 1,003 $27,073,500 1,043 +50.7 % Development 762,000 37 328,200 29 +132.2 Education...

Largest Issues: March 2007.
April 2, 2007... Amount Issuer Date $4,446.8 Golden State Tobacco Securities Corp. Mar 8 4,096.4 California (State), GOs (ref) Mar 28 1,500.0 Massachusetts School Building Authority Mar 14 678.5 Dallas, Tex., water & sewer (ref) Mar 28 ...

Municipal Market Data General Obligation Yields.
April 2, 2007... Aaa Aaa (pure) (ins) Aa A Baa 2008 3.55 3.58 3.57 3.62 3.78 2012 3.56 3.67 3.66 3.77 3.89 2017 3.77 3.90 3.88 4.01 4.13 2022 3.94 4.08 4.05 4.18 4.30 2027 4.03 4.17 4.14 4.27 4.38 2032 4.08 4.21 4.19 4.32 4.43...

U.S. Securities Prices.
April 2, 2007... Prices as of 3 p.m. ET. Source: GovPx (ICAP plc) Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 4/26/2007 4.975/965 4.950/945 5.075 3M -- 6/28/2007...

Short-Term Tax-Exempt Yields.
April 2, 2007... Mar 30, 2007 Mar 29, 2007 Mar 31, 2006 Selected MIG-1/SP-1+ Notes California Rans 4 1/2s (June 07) 3.59 3.53 3.36 Los Angeles Co Trans 4 1/2s (June 07) 3.59 3.53 3.35 Michigan GO 4 1/4s (Sept 07) 3.67 3.63 n.a. Texas...

Market Indicators.
April 2, 2007... Dollar amounts are in millions Day's 2007 2007 Daily Yesterday Change High Date Low Date Municipal Bond Index 115-14 -1/32 117-29 (2/27) 114-24 (1/29) 40 Average Dollar Price 99.46 -0.04 102.06 (2/27) 99.45 (1/29) ...

Placement Ratio.
April 2, 2007... No. Total Amt. Sales from Placement New New Accts. New Accts. Ratio Accts. ($000s) ($000s) (%) 2007 03/30 16 761,884 701,964 92.1 03/23 13 594,805 550,825 92.6 03/16 13 572,560 497,165 86.8 03/09 17 956,662...

Visible Supply.
April 2, 2007... Competitive Negotiated Total ($000s) ($000s) ($000s) Weekly Averages 3/30/05 2,324,066 8,857,937 11,182,004 3/25 3,242,132 6,806,705 10,048,837 3/18 3,235,660 6,427,783 9,663,443 3/11 2,613,807 5,709,960 8,323,767 ...

General Obligation Bond Prices.
April 2, 2007... For Friday, March 30, 2007 Intermediate Long-Term Bond and Ratings (Moody's/S&P's/Fitch) Dated Cpn Maturity Yield Price Prev Chg Cpn Maturity Yield Price Prev Chg STATES Alabama Series 2006 (Aa2/AA/AA) 2/1/06...

New-Issue Balances.
April 2, 2007... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date RECENT OFFERINGS Sold Balance $95,250 3/28 Sumner Co., Tenn. $16,000 $5,000 24,650 3/21 Springfield, Ore. 12,000 All Sold 11,000...

Reoffering Yields.
April 2, 2007... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) RECENT OFFERINGS 1 Year 5 10 15 20 25 30 Aaa -- AAA 3/27 14.0 South Carolina (State) 3.60 3.64 3.87............ 3/14 21.0...

Municipal Market Yields.
April 2, 2007... Values at 3/30/2007 -- Basis Point Change from 3/23/2007 Aaa Aa A Baa 2008 3.57 +01 3.70 +01 3.92 00 4.16 00 2012 3.61 00 3.74 00 3.96 -01 4.19 -01 2017 3.77 -01 3.92 -01 4.14 -02 4.38 -02 2022 4.01 -01 4.16 -01 4.37 -02...

Municipal Bond Prices.
April 2, 2007... These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in Bid" is rounded after calculation. Dollar...

Municipal Bond Index.
April 2, 2007... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 115-14 115-15 116-13 117-23 113-24 Friday, March 30, 2007 Maturity Par Call Dollar Conversion Converted Date Date Price Factor Price 1...

Municipal Bond Index Update.
April 2, 2007... The list of bonds used to calculate the Municipal Bond Index was revised after the March 30 pricing. The new coefficient is 1.0378. It was derived by dividing the March 30 index (115.435486) by the average converted price of the new set of...

Analysts See Plenty of Ways To Find Funds and Make Cuts.
April 2, 2007... ORLANDO, Fla. -- In theory, there are two ways for state and local governments to manage their growing retiree health care costs -- find more money or cut back on the benefits packages governments offer, Standard & Poor's analyst Robin Prunty...

SocGen Subpoenaed by Justice, SEC.
April 3, 2007... WASHINGTON -- Societe Generale has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission in their probes of alleged anticompetitive practices in the muni market. In a 2007 registration document,...

Tuesday.
April 3, 2007... Listings New-Issue Calendar 10-12,14,17-18 Requests for Proposals 13 Notices of Sale 15-16 Job Opportunities 19 Bond Redemptions 22-23 Market Statistics 29-31 (c) 2007 The Bond...

Merrill Tops 1Q Rankings: Citigroup, Bear Fill Out Top 3.
April 3, 2007... Merrill Lynch & Co. dominated more than just competitive bond sales during the first quarter of 2007. The firm ranked tops among underwriters of all municipal bonds, managing 95 issues worth a combined $15.3 billion, according to Thomson...

N.Y. OKs Budget, Minus Capital Spending.
April 3, 2007... The $120.9 billion budget New York Gov. Eliot Spitzer and lawmakers passed Sunday after months of high-profile wrangling and late-hour, closed-door negotiations is likely to grow because about $1 billion of capital spending was not included in...

Trends in the Regions: Bonding for Renewables: Colorado Jumps on Solar, Wind Bandwagon.
April 3, 2007... DALLAS -- Following the example of neighbors to the north and south, Colorado this year expects to join a growing list of states empowered to issue revenue bonds for electric transmission lines. Colorado plans to use its proposed Renewable...

In Brief: March ISM Index at 50.9, Down From 52.3 in Feb.
April 3, 2007... The overall economy grew for the 65th straight month, while the manufacturing sector expanded for the third time in five months, the Institute for Supply Management reported yesterday. According to the ISM's monthly report on business, the...

In Brief: Internet Job Postings Increase 2% in March.
April 3, 2007... About 3,754,400, first-time, online job postings appeared on leading Internet job boards in March, down 2% from February, the Conference Board reported yesterday. In January, there were 2.5 online job ads per 100 persons in the U.S. labor...

In Brief: Weekly T-Bills Go at 4.910%, 4.870% Highs.
April 3, 2007... Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower than last week, as the three-months incurred a 4.910% high rate, down from 4.925%, and the six-months incurred a 4.870% high rate, off from 4.875%...

In Brief: 13-Day Cash Managements Draw 5.195% High Rate.
April 3, 2007... The Treasury Department today sold $16 billion 13-day cash management bills, dated April 3 and due April 16, at a 5.195% high tender rate. The bid-to-cover ratio was 2.21. The coupon equivalent was 5.292%. The price was 99.812403. The low...

In Brief: Treasury 4-Week Bills To Pay Down $5B.
April 3, 2007... The Treasury Department said yesterday it will sell $20 billion of four-week discount bills today. The 28-day bills will pay down $5 billion and refund $25 billion of maturing bills. (c) 2007 The Bond Buyer and SourceMedia, Inc. All...

Munis Unchanged After On-Par Data.
April 3, 2007... The municipal market was unchanged at the end of the trading session yesterday, as data came in generally on par with expectations. "The indicator didn't come in strong enough in either direction to move us anywhere," said one trader in New...

Corrections.(Correction notice)
April 3, 2007... A story yesterday incorrectly described the narrow restrictions Fannie Mae will adopt when it begins buying municipal bonds again. Fannie Mae will purchase fixed-rate bonds rated double-A or higher and all deals must have either two ratings or...

Maine Committee Agrees to Terms of $295M Bond Sale.
April 3, 2007... The Maine Legislature's joint Appropriations Committee agreed late Sunday evening to the principal terms of a $295 million bond package. Although some details of the proposal remain unresolved, the committee soundly endorsed the plan with...

San Francisco Suburb Reaps Benefits of Upgrade.
April 3, 2007... SAN FRANCISCO -- Burlingame, a northern California suburb about 15 miles southeast of San Francisco, is saving about $100,000 on insurance for an April 10 refinancing of $25 million, thanks to last Thursday's upgrade by Standard & Poor's of the...

Richard Sarles Picked to Run NJ Transit.
April 3, 2007... A national search team headed by former New Jersey Gov. James Florio and state transportation commissioner Kris Kolluri yesterday announced that mass transit veteran Richard Sarles will replace George Warrington as executive director of NJ...

Disclosure: DAC Fighting MAC's Attempts to Dismiss Lawsuit or Move It to Texas.
April 3, 2007... Digital Assurance Certification LLC is fighting a bid by the Municipal Advisory Council of Texas to get a federal court in Orlando to either dismiss its patent infringement suit against the Texas MAC's central post office disclosure facility...

People: Stone & Youngberg's Evans Takes NASD Committee Post.
April 3, 2007... SAN FRANCISCO -- William A. Evans, managing director and head of the private client group at Stone & Youngberg LLC, has been appointed to NASD's western region consultative committee, the firm announced last week. Evans will serve a two-year...

Bond Insurers: MBIA Faces $20M Loss After Settling Loan Default.
April 3, 2007... MBIA Inc., parent company of the nation's largest bond insurer, announced yesterday it would take a $20 million loss during the first quarter as part of settling litigation over defaulted vocational student loan-backed securitizations that MBIA...

Law Firms: Hunton Brings in 93 Ex-Jenkens Attorneys.
April 3, 2007... WASHINGTON -- Richmond, Va.-based Hunton & Williams LLP has significantly expanded its presence in Texas by hiring 93 attorneys from the now-defunct Jenkens & Gilchrist, including two Dallas-based lawyers involved in public finance. The...

New Hires: Bryant Miller Olive Brings on Former D.C. Counsel With Bond Background.
April 3, 2007... BRADENTON, Fla. -- Florida-based Bryant Miller Olive LLP announced last week that Robert A. James has been hired to work in the firm's Washington, D.C., office. James, who has more than 13 years of experience in municipal and public...

Trends in the Region: Southwest Invisible Supply.
April 3, 2007... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ARIZONA AzDOT/Maricopa County $3,043 P negotiated 2007-20 Maricopa County CCD $951 A negotiated 2007-15 Phoenix water...

Visible Supply by State.
April 3, 2007... April 2, 2007 March 26, 2007 State Issues Amount Issues Amount Chg in Amt Arizona 7 $515,690,000 7 $569,300,000 -$53,610,000 Arkansas 1 2,070,000 4 68,810,000 -66,740,000 Colorado 3 382,800,000 3 28,070,000...

Plain/Insured GO Yield Curves for March 30, 2007*.
April 3, 2007... State Ratings One-Year Five-Year 10-Year 30-Year Utah Aaa/AAA/AAA 3.56 / 3.57 3.60 / 3.66 3.81 / 3.90 4.14 / 4.21 Colorado NR/AA-/NR 3.57 / 3.57 3.67 / 3.66 3.90 / 3.89 4.20 / 4.19 New Mexico Aa1/AA+/NR 3.60 /...

ARKANSAS: ASU Bonds Get Nod.
April 3, 2007... The Arkansas Higher Education Coordinating Board has approved a plan by Arkansas State University to issue $40.4 million of 30-year revenue bonds for projects on the Jonesboro campus. The school will spend $23.4 million to build two...

KANSAS: Casinos Coming Soon.
April 3, 2007... Gov. Kathleen Sebelius said she would sign into law a bill authorizing up to four casinos in the state, along with thousands of slot machines at existing dog and horse racetracks. The Senate last week passed the measure, which had been...

NEW MEXICO: Chavez Seeks Small Tax Cut.
April 3, 2007... Albuquerque Mayor Martin Chavez included a minor tax cut in the $484 million general fund budget proposal for fiscal 2008 he unveiled last week. The mayor's proposed budget, which funds most city departments, is down from $498 million in fiscal...

OKLAHOMA: Turnpike Refunding OK'd.
April 3, 2007... The Council of Bond Oversight last week unanimously approved a plan by the Oklahoma Turnpike Authority to refinance $50 million of outstanding revenue bonds. The Turnpike Authority is expected to realize a savings of at least 3.5%, or...

TEXAS: Harris Wants Jail Bailout.
April 3, 2007... Harris County commissioners are expected to ask voters in November for authority to issue $200 million of bonds to relieve overcrowding in the local jail. Although no official vote has been called, the ballot item is under consideration. ...

TEXAS: Aransas Pass Pays for Gift.
April 3, 2007... The town of Aransas Pass on the Gulf Coast will issue $5.6 million of certificates of obligation to buy 99 acres from the Texas General Land Office, even though the land was once given to the city in a deal that was overturned by the state...

UTAH: Cleaning Up Water Debt.
April 3, 2007... The town of Lindon in central Utah figures it saved more than $4 million in interest by paying off a $3.4 million bond issue 21 years early. The 1992 debt was used to build a secondary water system to provide untreated water for lawns and...

Competitive Bond Offerings.
April 3, 2007... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond Buyer Online's Competitive Bond Offering Calendar....