The Bond Buyer articles from June 2008

The Bond Buyer archives from June 2008

Flight From ARS Fuels Market Volume Surge: More Than $37B in Debt Sold in May.
June 2, 2008... Volume in the municipal market for the month of May was the third busiest on record, as issuers continued to leave the auction-rate security market in droves. More than $37.2 billion in debt was sold through 933 issues, marking a 13%...

Fitch Drops CIFG 11 Notches to CCC.
June 2, 2008... Fitch Ratings Friday knocked the insurer financial strength rating for CIFG Assurance NA 11 notches to junk, dropping it to CCC from A-minus. The rating is on evolving watch. The downgrade comes little more than a week after Moodys...

More Debt Seen for California Schools.
June 2, 2008... SAN FRANCISCO -- The California Department of Finance has developed a strategy to smooth out the state governments cash-flow needs and therefore reduce the amount of cash-flow borrowing it will need over the next year. But it looks like...

Jefferson OKs New Forbearance Pact.
June 2, 2008... BRADENTON, Fla. -- Jefferson County Commissioners on Friday unanimously approved another 60-day forbearance agreement negotiated with insurers, swap counterparties, and banks as they continue to seek to restructure the $3.2 billion of sewer...

Munis Slightly Firmer Following Treasuries.
June 2, 2008... The municipal market was slightly firmer Friday, following Treasuries. Were feeling alright today, a trader in Los Angeles said. Whatever we may have lost yesterday came back today. I would say were two or three basis points better. ...

Florida Citizens Delays $2B Deal Over Treasury Yields.
June 2, 2008... BRADENTON, Fla. -- Floridas Citizens Property Insurance Corp. last week postponed pricing of up to $2 billion of short-term, tax-exempt revenue bonds due to increasing Treasury bond yields, the nonprofit insurers chief financial officer Sharon...

Bond Performance: Defaults Set to Skyrocket, Especially in Housing, Newsletter Says.
June 2, 2008... WASHINGTON -- Default rates in the tax-exempt municipal market are on pace to jump significantly this year, particularly in the housing sector which has been hit by the credit crunch, according to statistics compiled by a newsletter based in...

Massachusetts Lawmakers Consider $9.15 Billion for Capital Projects.
June 2, 2008... Massachusetts legislative committees have until mid-June to complete work on various bond proposals totaling $9.15 billion that would help finance infrastructure upgrades for higher education institutions, public buildings, bridges, and other...

In Brief: Personal Income Up 0.2%; Core PCE Climbs 0.1%.
June 2, 2008... WASHINGTON -- The U.S. April personal income report was pretty much as expected, confirming a slow start to the second quarter. April personal income posted up 0.2%, personal consumption expenditures rose 0.2%, and core PCE prices increased...

In Brief: May Chicago PMI 49.1, Up From 48.3 in April.
June 2, 2008... The Chicago purchasing managers business barometer rose to a still contractionary 49.1 in May from 48.3 in April, the National Association of Purchasing ManagementChicago said Friday. The data is compiled on a seasonally adjusted basis. An...

In Brief: May NAPM-NY Index Soars to 50.4 From 37.6.
June 2, 2008... New York City businesses recovered somewhat in May, posting the first reading above 50 this calendar year, according to the New York current business conditions index in the National Association of Purchasing ManagementNew Yorks report on...

In Brief: Consumer Sentiment Index Drops to 59.8 in May.
June 2, 2008... The University of Michigans final May consumer sentiment index reading was 59.8 compared to 59.5 earlier this month and the final April 62.6 reading, market sources said Friday. Economists polled by IFR Markets had predicted a 59.5 reading...

The Week Ahead: Miami-Dade's $600M Leads Slate as Rollover Season Begins.(Calendar)
June 2, 2008... With the June rollover season officially getting underway this week, there should be strong demand for the large new issues scheduled for pricing in the primary as many investors are in need of fresh supply to reinvest their coupon, maturity,...

Mutual Funds: Weekly Reporters See $903M Net Inflow.
June 2, 2008... Weekly reporting municipal bond mutual funds had a net inflow of $903 million during the period ending May 28, AMG Data Services reported. The results were up from an $815 million inflow the previous week, and represent the largest net...

Trends In The Region: D.C. Council to Weigh Soccer Stadium Plan Backed by $150M of Borrowing.
June 2, 2008... WASHINGTON -- A plan that includes $150 million of bonds to build a professional soccer stadium in the District of Columbia could be presented to the District Council as early as tomorrow, sources said. The bonds would be backed by excess...

Northeast Invisible Supply.
June 2, 2008... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date CONNECTICUT State GOs $700 P June DISTRICT OF COLUMBIA GOs $827 A June MASSACHUSETTS ...

NEW JERSEY: Atlantic County Rising.
June 2, 2008... Standard & Poors last week upgraded Atlantic County to AA from AA-minus ahead of a $21.8 million bond sale set for tomorrow. The rating agency cited a large and growing tax base, solid financials, and modest debt burden for the new AA...

NEW YORK: Singing the N.Y.C. Blues.
June 2, 2008... New York City Comptroller William Thompson Jr. last week added to the drumbeat of dreary fiscal projections for the city with an analysis of Mayor Michael Bloombergs proposed budget and four-year financial plan. During the coming months,...

NEW YORK: Frasca Attends MTA Meeting.
June 2, 2008... Doreen Frasca, president of financial advisory firm Frasca & Associates LLC, attended her first monthly board meeting of New Yorks Metropolitan Transportation Authority as a board member last week. Frasca is an expert in transportation,...

PENNSYLVANIA: Budget Chief Goes to School.
June 2, 2008... Gov. Edward Rendell last week announced that Budget Secretary Michael Masch will be leaving his post in the administration to become chief business officer for the Philadelphia School District. Masch will continue in his current position...

PUERTO RICO: Treasury Nomination Nixed.
June 2, 2008... The Puerto Rico Senate last week rejected the nomination of Jose Guillermo Davila as treasury secretary, a move that will make current assistant secretary Angel Ortiz acting secretary until Gov. Anibal Acevedo Vila announces a new candidate....

Visible Supply by State.
June 2, 2008... May 30, 2008 May 16, 2008 State Issues Amount Issues Amount Chg in Amt Connecticut 4 $409,210,000 5 $133,855,000 $275,355,000 Delaware 1 91,165,000 0 0 91,165,000 Maine 2 87,325,000 1 47,150,000...

Plain/Insured GO Yield Curves for May 29, 2008*.
June 2, 2008... State Ratings One-Year Five-Year 10-Year 30-Year Maryland Aaa/AAA/AAA 1.77 / 1.78 3.02 / 3.10 3.69 / 3.77 4.59 / 4.67 Delaware Aaa/AAA/AAA 1.77 / 1.79 3.02 / 3.11 3.69 / 3.81 4.59 / 4.71 Connecticut Aa3/AA/AA 1.79...

Competitive Bond Offerings.
June 2, 2008... 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.
June 2, 2008... 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.
June 2, 2008... 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 June 2 Glendale AZ Excise Tax Rev...

Negotiated Note Offerings.
June 2, 2008... 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 Day to Day Ventura County CA Tax & Rev...

Long-Term Bond Sales: January - May.
June 2, 2008... 2008 2007 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $173,408,400 4,452 $184,027,000 5,294 -5.8 % January 20,085,800 761 31,213,800 852 -35.7...

New-Issue Volume Notes.
June 2, 2008... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's database on Friday, May 30, 2008. All figures are preliminary and subject to revision. Long-term bonds have final stated maturities of...

Bond Sales by State: January - May.
June 2, 2008... 2008 2007 Volume Volume Percentage State Rank (000s) Rank (000s) Change Alabama 36 $762,100 26 $2,228,300 -65.8 % Alaska 45 291,300 38 923,900 -68.5 Arizona 12 4,145,800 13...

Long-Term Bond Sales: May.
June 2, 2008... 2008 2007 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $37,258,200 933 $42,959,900 1,342 -13.3 % Development 252,800 18 542,200 42 -53.4 Education...

Largest Issues: May 2008.
June 2, 2008... Amount Issuer Date $845.8 Massachusetts Water Resources Authority (ref) May 29 675.0 Clark School District, Nev., GOs (cpt) May 21 558.0 San Diego County Water Authority, Calif. (NM/ref) May 1 538.3...

Market Indicators.
June 2, 2008... Dollar amounts are in millions Day's 2008 2008 Daily Yesterday Change High Date Low Date Municipal Bond Index 110-12 +24/32 114-09 (1/15) 101-31 (2/29) 40 Average Dollar Price 101.24 +0.66...

Short-Term Tax-Exempt Yields.
June 2, 2008... May 30, 2008 May 29, 2008 Jun 1, 2007 Selected MIG-1/SP-1+ Notes California Rans 4s (June 08) 1.75 1.70 3.75 Los Angeles Co Trans 4.50s (June 08) 1.75 1.70 3.75 Puerto Rico Trans 4.25s (Jul 08) 1.75 1.80...

U.S. Securities Prices.
June 2, 2008... 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 - 6/26/2008 1.950/940...

Municipal Market Data General Obligation Yields.
June 2, 2008... Aaa Aaa (pure) (ins) Aa A Baa 2009 1.77 1.89 1.83 2.23 2.85 2013 3.01 3.20 3.11 3.56 4.29 2018 3.67 3.86 3.77 4.18 4.87 2023 4.10 4.29 4.20 4.60 5.17 2028 4.35 4.53 4.44 4.84 5.30 ...

New-Issue Balances.
June 2, 2008... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date RECENT OFFERINGS Sold Balance $10,000 5/21 Tyrone Area Sch. Dist., Pa. $4,135 $2,980 10,000 5/22 Colonial Sch. Dist., Pa. ...

Visible Supply.
June 2, 2008... Competitive Negotiated Total ($000s) ($000s) ($000s) Weekly Averages 5/30/08 2,627,562 13,595,103 16,222,666 5/23 2,270,410 9,243,793 11,514,203 5/16 3,297,340 8,284,390 11,581,730 5/9 2,656,461...

Reoffering Yields.
June 2, 2008... 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 (Pure) 5/29 10.0 Union Twp., N.J. 1.75 3.00 3.60 NRO... ...

Placement Ratio.
June 2, 2008... No. Total Amt. Sales from Placement New New Accts. New Accts. Ratio Accts. ($000s) ($000s) (%) 2008 05/30 10 304,060 277,199 91.1 05/23 21 1,697,601 1,631,795 96.1 05/16 10...

Municipal Bond Index Update.
June 2, 2008... The list of bonds used to calculate the Municipal Bond Index was revised after the May 30 pricing. The new coefficient is 1.0285. It was derived by dividing the May 30 index (110.364809) by the average converted price of the new set of 40...

Municipal Bond Index.
June 2, 2008... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 110-12 109-20 111-09 109-20 113-23 Friday, May 30, 2008 Maturity Par Call Dollar Conversion Converted ...

Municipal Bond Index Update.
June 2, 2008... These 40 Bonds are evaluated and priced daily by Standard & Poors Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. Change in Bid is rounded after calculation. ...

Bankruptcy Plan OK'd for Michigan's North Oakland Hospital.
June 2, 2008... CHICAGO -- Pontiac, Mich., approved a measure last week that paves the way for a financially strapped hospital that defaulted on recent payments owed to the trustee on $38 million of outstanding bonds to move forward with plans to file for...

N.Y.C. Bond-Funded School Building Project Suffers Fatal Crane Accident.
June 2, 2008... A deadly crane accident on the Upper East Side of Manhattan on Friday could put the city on the hook for debt service payments on bonds that had partially financed the project. The New York City Education Construction Fund competitively...

ACA Capital Holdings Secures 5th Straight Forbearance Agreement.
June 2, 2008... ACA Capital Holdings Inc., the parent of beleaguered bond insurer ACA Financial Guaranty Corp., secured a fifth straight forbearance agreement, negotiating Friday with its counterparties in derivative contracts to put off delinquency...

Guest Words: Green Winds of Change Point to a Sustainable Future.
June 2, 2008... Though rarely seen by human eyes, the White Creek Wind Project in south-central Washington State has been getting some well-deserved attention for providing clean, renewable energy to the region. Hidden from the Columbia River Gorge by rocky...

Arkansas Finance Board Approves $80M Student Loan Line of Credit.
June 2, 2008... DALLAS -- The Arkansas State Board of Finance has given its final approval to an $80 million line of credit to the Arkansas Student Loan Authority so it can continue making loans to college students. The authority had planned to make...

Illinois Budget Imbroglio Blagojevich to Meet With Lawmakers in Budget Imbroglio: Blagojevich to Meet With Lawmakers.
June 3, 2008... CHICAGO -- Illinois Gov. Rod Blagojevich will seek meetings with the General Assembly's leaders this week to address a projected $2.1 billion deficit in the $59 billion fiscal 2009 operating budget lawmakers approved over the weekend before...

NAIC to Issue Own Ratings: Insurance Officials Offer Substitutes.
June 3, 2008... WASHINGTON -- A group of state insurance regulators next month will begin providing substitute credit ratings for some of the municipal bonds held by insurers, to prevent a possible sell-off of those bonds due to the credit crunch. The...

Trends In The Region: Economy Starts to Pinch Largest Texas Cities.
June 3, 2008... DALLAS -- Texas weathered the downturn of late 2007 in far better shape than most regions of the country. But as 2008 nears its halfway point, the state's largest cities are beginning to tighten their belts. In the Dallas-Fort Worth area,...

JPMorgan to Cut Up to 15% After Merger.
June 3, 2008... JPMorgan will slash its public finance department by 10% to 15% as it combines operations with Bear, Stearns & Co., a source familiar with the merger said yesterday. The leaner firm will take about 45 people from Bear into its public...

Munis Firmer as Treasuries Show Gains.
June 3, 2008... The municipal market was firmer yesterday. "It's a little quiet, but better by about three or four basis points," a trader in New York said. "I think it's up because Treasuries are up, and that's because stocks are down. I wouldn't dispute...

In Brief: Lockhart: Too Soon To Breathe Easy @byBy Gary E. Siegel.
June 3, 2008... Despite signs of improvement, it's too soon to "breathe easy" as the economy remains at risk, with much uncertainty lagging, Dennis P. Lockhart, president of the Federal Reserve Bank of Atlanta, said yesterday. He cited challenges that...

In Brief: Construction Spending Up 0.4% to $1.121 Trillion @byBy Gary E. Siegel.
June 3, 2008... Spending on construction projects fell 0.4% to a seasonally adjusted annual rate of $1.121 trillion in April as private construction decreased 0.5%, and public construction fell 0.3%, according to Commerce Department figures released yesterday....

In Brief: ISM Index Rises to 49.6 From 48.6 in April @byBy Gary E. Siegel.
June 3, 2008... The overall economy grew for the 79th straight month, while the manufacturing sector remained in contraction for the fourth consecutive month, the Institute for Supply Management reported yesterday. According to the ISM's monthly report on...

In Brief: Weekly T-Bills Go At 1.820%, 1.950% Highs @byBy Gary E. Siegel.
June 3, 2008... Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed yesterday, as the three-months incurred a 1.820% high rate, down from 1.870% the week before, and the six-months incurred a 1.950% high rate, up from...

Rating Standards Should Give Less Weight to Default Issue, Analysts Say.
June 3, 2008... CHICAGO -- Amid a loss of confidence in bond insurers, public finance experts said yesterday that municipal rating standards should give less weight to the question of default and more to other underlying factors that determine credit strength...

Utilities Waiting Till Time Is Right for Prepaid Gas Deals.
June 3, 2008... THE WOODLANDS, Tex. -- Turbulence in the financial markets sidelined many prepaid natural gas deals this year, but public utilities are lining up billions of dollars worth of bonds to capture discounts on the volatile commodity when conditions...

Regulation: Treasury, IRS Should Issue Final Word On Hedges, Solid-Waste Facilities: NABL.
June 3, 2008... The Treasury Department and the Internal Revenue Service during the next year should produce final guidance on qualified hedges and a final definition of "solid-waste disposal facilities," among other municipal bond-related projects, the...

After Vote, Hoboken May Face State's Intervention on Deficit.
June 3, 2008... Frank Sinatra may have done things his way, but the crooner's hometown of Hoboken, N.J., may need to suspend self-reliance for the time being and accept state-level guidance as to how best to shore up an estimated $11.7 million deficit for the...

Detroit Mayor Kills Plan to Issue $78M of Fiscal Stabilization Bonds.
June 3, 2008... CHICAGO -- In continued wrangling over Detroit's $3.04 billion budget for fiscal 2009, Mayor Kwame Kilpatrick yesterday vetoed the City Council's plan to borrow up to $78 million of fiscal stabilization bonds to balance the spending plan -...

IRS Closes Audit of $375 Million From Pennsylvania Agency Without Action.
June 3, 2008... WASHINGTON -- The Internal Revenue Service has closed its examination of $375 million of local government revenue bonds sold by the Delaware Valley Regional Finance Authority in 2002 without taking any action. The IRS action was disclosed...

New Hires: Eying Expansion, PNC Adds Three to Public Finance Team.
June 3, 2008... PNC Capital Markets LLC, the municipal business for Philadelphia-based PNC Financial Services Group Inc., yesterday announced the hiring of three new members to its public finance team in an effort to expand in the areas where the bank has a...

Southwest Invisible Supply.
June 3, 2008... Approval Underwriter Expected Issuer and purpose Amount* status choice sale date ARIZONA AzDOT/Maricopa County $2,673 P negotiated 2008-20 Maricopa County CCD $511 A negotiated 2008-15 Phoenix Water...

ARIZONA: Prescott Credit Takes Hit.
June 3, 2008... Fitch Ratings has downgraded Prescott Valley Municipal Property Corp. municipal facility revenue bonds to A-plus with a negative outlook from AA-minus. The action came after a sharp drop in transaction privilege tax revenues in the town of...

ARKANSAS: Library to Sell Piece of Issue.
June 3, 2008... The Central Arkansas Library System will issue $4 million of bonds this summer to buy land for new branch libraries but will wait on a legal decision before issuing the remaining $28 million of a proposed $32 million bond issue. The...

ARKANSAS: Pine Bluff Tax Hike Urged.
June 3, 2008... The Jefferson County Economic Development Alliance has proposed a 0.5% increase in the local sales tax, with revenue to fund economic development in the Pine Bluff area. Alliance president Lou Ann Nisbett said at a public hearing last week...

KANSAS: Leavenworth USD Seeks Debt.
June 3, 2008... Trustees of Leavenworth County Unified School District 453 voted last week to put a $57.8 million bond issue on the ballot in November. The project list includes $25 million to renovate the high school and add a 4,000-seat athletic stadium...

OKLAHOMA: Tulsa Delays Street Bond Vote.
June 3, 2008... The Tulsa City Council delayed action last week on setting an election on a proposed $700 million street bond plan after the citys legal, finance, and public works departments asked for more time to review the proposal. The council is now...

TEXAS: State to Own All Toll Roads.
June 3, 2008... The Texas Transportation Commission has adopted a toll road policy that calls for all Texas highways to be owned by the state, even future roads that might be built and operated by private developers. The new policy also prohibits the...

Visible Supply by State.
June 3, 2008... June 2, 2008 May 26, 2008 State Issues Amount Issues Amount Chg in Amt Arizona 7 $187,615,000 5 $543,910,000 -$356,295,000 Arkansas 2 37,795,000 2 40,915,000 -3,120,000 Colorado 4 81,650,000 4 81,650,000...

Plain/Insured GO Yield Curves for May 30, 2008*.
June 3, 2008... State Ratings One-Year Five-Year 10-Year 30-Year Utah Aaa/AAA/AAA 1.79 / 1.82 3.04 / 3.15 3.71 / 3.81 4.56 / 4.65 Arkansas Aa2/AA/NR 1.82 / 1.82 3.13 / 3.16 3.79 / 3.83 4.64 / 4.69 Oklahoma Aa3/AA/AA 1.79 / 1.79...

Competitive Bond Offerings.
June 3, 2008... 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.
June 3, 2008... 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.
June 3, 2008... 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 June 2 Navajo County AZ Rev...

Negotiated Note Offerings.
June 3, 2008... 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 Day to Day Ventura County CA Tax & Rev...

Market Indicators.
June 3, 2008... Dollar amounts are in millions Day's 2008 2008 Daily Yesterday Change High Date Low Date Municipal Bond Index 110-19 +7/32 114-09 (1/15) 101-31 (2/29) 40 Average Dollar Price 101.04 -0.20...

Short-Term Tax-Exempt Yields.
June 3, 2008... Jun 2, 2008 May 30, 2008 Jun 4, 2007 Selected MIG-1/SP-1+ Notes California Rans 4s (June 08) 1.75 1.75 3.85 Los Angeles Co Trans 4.50s (June 08) 1.75 1.75 3.85 Puerto Rico Trans 4.25s (Jul 08) 1.75 1.75...

U.S. Securities Prices.
June 3, 2008... 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 - 6/26/2008 1.908/898...

Municipal Market Data General Obligation Yields.
June 3, 2008... Aaa Aaa (pure) (ins) Aa A Baa 2009 1.77 1.89 1.83 2.23 2.85 2013 2.98 3.17 3.08 3.53 4.26 2018 3.64 3.83 3.74 4.14 4.83 2023 4.07 4.26 4.17 4.56 5.13 2028 4.32 4.50 4.41 4.80 5.26 ...

New-Issue Balances.
June 3, 2008... (,000 Omitted) *Since initial reoffering +Revised upward since last report Amount Date RECENT OFFERINGS Sold Balance $30,860 5/22 Milwaukee Co., Wis. $3,500 $2,500 28,835 5/20 Washington (State) 100 2,600 ...

Reoffering Yields.
June 3, 2008... NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) NEW OFFERINGS 1 Year 5 10 15 20 25 30 6/2 3.8 Savage, Minn. (Aa3)... 3.05 3.70 4.05... ... ... RECENT OFFERINGS ...

Recent Tables.
June 3, 2008... Weekly Bond Buyer Indexes Friday Bond Elections Wednesday Credit Calendar Friday General Obligation Bond Prices Monday Legislative Status Report Monday Merrill Lynch Corporate Bond Indexes ...