The Bond Buyer articles from September 2005

The Bond Buyer archives from September 2005

The Digest.
September 1, 2005... Municipal bond prices rose yesterday, as Treasuries rallied on the back of an unexpected drop in Midwest manufacturing activity, which amplified speculation about an economic slowdown fueled by near-record oil prices and signaled less...

Mississippi Bonds on Hold: State Busy Dealing With Katrina's Aftermath.
September 1, 2005... BRADENTON, Fla. -- After being battered by Hurricane Katrina and with rescue efforts still under way yesterday, Mississippi decided to postpone its competitive sale next Wednesday of $225.8 million of tax-exempt and taxable general obligation...

After a Year's Absence, Georgia Readies $932M Triple-A Sale.
September 1, 2005... ATLANTA -- Georgia will competitively sell $932 million of general obligation bonds on Tuesday, the first issue from the triple-A rated state in more than a year. Market players say the long absence of the gilt-edged credit from the market...

August Saw $31.34B in Issuance: Rates, Yield Curve Boost Refundings.
September 1, 2005... Municipal bond issuance for the month of August remained robust as issuers took advantage of a favorable interest rate environment to refund existing debt. Tax-exempt borrowers issued $31.34 billion in August, an 11.1% increase over the...

News In Brief: Preliminary 2Q GDP: Growth at 3.3% Rate.
September 1, 2005... WASHINGTON -- Real gross domestic product increased at a 3.3% seasonally adjusted annual rate in the second quarter, according to preliminary figures released yesterday by the Commerce Department. The 3.3% preliminary estimate compared with...

News In Brief: Chicago PMI Shows Contraction in August.
September 1, 2005... The Chicago Purchasing Managers' Business Barometer plunged to 49.2 in August from 63.5 in July, the first month of contraction after 27 months of expansion as defined by a reading above 50.0, the National Association of Purchasing...

News In Brief: Santomero Sees Fed Continuing Rate Hikes.
September 1, 2005... As oil prices soar in the wake of Hurricane Katrina, and questions remain about the future course of the housing market, Federal Reserve Bank of Philadelphia president Anthony M. Santomero said he doesn't expect these "challenges" to have a...

News In Brief: NAPM-NY BCI Rises To 345.4 in August.
September 1, 2005... The New York Business Conditions Index in the National Association of Purchasing Management-New York's Report on Business climbed in August to 345.4 from 339.6 in July, according to information released yesterday. "The business climate...

News In Brief: Kansas City Fed: Mfg Growth Picked Up.
September 1, 2005... Manufacturing activity in the Federal Reserve Bank of Kansas City's region "picked up somewhat in August and was at or above year-ago levels at most plants," according to the bank's monthly manufacturing survey released yesterday. The...

News In Brief: Cash Managements Draw 3.470% High.
September 1, 2005... WASHINGTON -- The Treasury Department yesterday sold $20 billion 13-day cash management bills, dated Sept. 2 and due Sept. 15, at a 3.470% high tender rate. The bid to cover ratio was 2.51. The coupon equivalent was 3.523%. The price was...

Wednesday's Market: Munis Move Higher on Big Decline In Midwest Manufacturing Index.
September 1, 2005... Municipal bond prices rose yesterday, as Treasuries rallied on the back of an unexpected drop in Midwest manufacturing activity, which amplified speculation about an economic slowdown fueled by near-record oil prices and signaled less...

Cleveland-Area Port Authority to Vote on $90M Sale for Museum.
September 1, 2005... CHICAGO -- The Cleveland-Cuyahoga County Port Authority board will vote this month on a plan to issue $90 million of bonds on behalf of the Cleveland Museum of Art to help fund a $258 million expansion. The vote comes as the Port Authority...

N.Y.C. Readies $790M Of Debt for This Month.
September 1, 2005... New York City plans to sell about $790 million of bonds this month, offering a blend of taxable, tax-exempt, fixed- and variable-rate debt. The city expects to issue about $600 million of tax-exempt, fixed-rate general obligation bonds and...

Tax Reform Panel Sets Next Meeting for Sept. 15.
September 1, 2005... WASHINGTON -- The President's Advisory Panel on Federal Tax Reform will hold its 12th public meeting here on Sept. 15, according to the Treasury Department. It will take place a week after the panel's 11th meeting, scheduled for Sept. 8....

Hanover County, Va., Voters to Face $95M, With Half Earmarked for Schools.
September 1, 2005... WASHINGTON -- Officials in Hanover County, Va., are gearing up for a Nov. 8 vote on $95.1 million in bond questions -- just over half of which would fund school construction, a county spokesman said yesterday. "We're hopeful that the voters...

New ASU Campus Is Focus of Phoenix's $850M GO Plan.
September 1, 2005... DALLAS -- Development of Arizona State University's planned campus in downtown Phoenix is the main focus of the city's general obligation bond authorization package expected to go before voters in March 2006, accounting for $233 million of the...

Texas Players Issue RFI for $1.89B Taxable Deal.
September 1, 2005... DALLAS -- The Texas Public Utility Commission, CenterPoint Energy, and Saber Partners recently released a request for information from potential candidates for an underwriting team that will manage a $1.89 billion issue of taxable stranded cost...

LONG-TERM BONDS: January-August.
September 1, 2005... 2005 2004 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $275,492,700 9,309 $243,652,900 9,158 +13.1 % January 22,507,100 812 20,724,200...

NEW-ISSUE VOLUME NOTES.
September 1, 2005... The new-issue volume tables are based on information compiled by The Bond Buyer from Thomson Financial's data base on Wednesday, Aug. 31, 2005. All figures are preliminary and subject to revision. Long-term bonds have final stated...

LARGEST ISSUES: August 2005.
September 1, 2005... Amount Issuer Date $2,786.0 New York State Thruway Authority Aug 18 543.6 Fairfax County, Va., GOs (ref) (cpt) Aug 3 491.1 Washington (State), GOs (TAX/TE) (cpt) Aug 16 465.6 Pennsylvania Turnpike Commission (ref) Aug 11...

LONG-TERM BONDS: August.
September 1, 2005... 2005 2004 Volume No. of Volume No. of Pct. ($000s) Issues ($000s) Issues Chg TOTAL $31,345,900 1,010 $28,219,100 1,148 +11.1 % Development 697,000 26 690,300 30 +1.0 Education 8,138,100 313 8,201,200 359 -0.8 ...

BOND SALES BY STATE: January-August.
September 1, 2005... 2005 2004 Volume Volume Percentage State Rank ($000s) Rank ($000s) Change Alabama 33 $1,973,100 35 $1,332,100 +48.1 % Alaska 42 934,200 48 593,500 +57.4 Arizona 13 6,427,300 12 5,727,500 +12.2 Arkansas 39...

Competitive Bond Offerings.
September 1, 2005... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com ISSUER ST DESCRIPTION AMOUNT ($000s) TIME OF SALE FINANCIAL ADVISER LEGAL OPINION MATURING...

Competitive Note Offerings.
September 1, 2005... ISSUER ST DESCRIPTION AMOUNT($000s) TIME OF SALE FINANCIAL ADVISER LEGAL OPINION MATURING INSURER MDY'S S&P FITCH BANK-QUAL. LATEST DETAILS Thursday, September 1 Greater New...

Negotiated Bond Offerings.
September 1, 2005... 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 August 29 Nevada Jt...

Results of Negotiated Sales.
September 1, 2005... ALABAMA Elmore County Aug 17, 2005 $28,175,000 Limited Obligation School Warrants, Series 2005 Dated Sep 1, 2005. Due Feb 1, 2006 to 2025. First coupon Feb 1, 2006. Callable Feb 1, 2015 at par. Purchased...

Results of Competitive Sales.
September 1, 2005... ARKANSAS Magnet Cove School District No. 8 of Hot Spring County Aug 31, 2005 $710,000 Refunding Bonds (bank qualified) (book entry). Dated Oct 1, 2005. Due Feb 1, 2006 to 2017. Callable Feb 1, 2011 at par. ...

Municipal Bond Activities.
September 1, 2005... September 8-9 The National Association of Securities Dealers will hold an Ethics Symposium at the Coleman Center in New York City. Case studies and scenario-based group exercise lead participants through discussion of fair business...

ALABAMA: Worst Effects.
September 1, 2005... Southern Alabama was hit hardest by Hurricane Katrina but the storm's effects were felt in many other parts of the state. In southern Alabama, a floating oil-drilling platform broke free from its moorings and hit a suspension bridge, known...

FLORIDA: Katrina's Damage.
September 1, 2005... The Florida Panhandle avoided a direct hit Monday from Hurricane Katrina, but the storm closed bridges, flooded streets, knocked out power, and eroded beaches when it struck about 165 miles southwest of Pensacola. The Panhandle is still...

MISSISSIPPI: League Reaches Out.
September 1, 2005... The Mississippi Municipal League reached out on Monday saying it would take contact information for member cities and towns hit by Hurricane Katrina, as well as information from members interested in providing assistance. The league had...

North Carolina: Hospital Debt Raised.
September 1, 2005... Standard Poor's last week upgraded about $129 million of revenue bonds issued for Cabarrus Memorial Hospital to AA from AA-minus. "The upgrade reflects [the hospital's] rising patient utilization trends and firm market position in the...

North Carolina: At Last, a Lottery.
September 1, 2005... The North Carolina Senate on Tuesday passed a bill that will allow the state to have its first lottery, which could raise at least $500 million annually for education. The bill, which has already been passed by the House, is expected to be...

Tennessee: Warren's Upgrade.
September 1, 2005... Moody's Investors Service last week upgraded to A3 from Baa1 about $13 million of debt sold by Warren County. Gregory Lipitz, an analyst for the agency, said the upgrade reflects satisfactory financial operations supported by healthy...

VIRGINIA: Surplus for '05.
September 1, 2005... Virginia ended fiscal 2005 on June 30 with a surplus of $544.6 million, finance director John M. Bennett said Monday. In accordance with state law, $402.2 million of that total will be deposited in the state's revenue stabilization fund,...

VIRGINIA: Filling the Boards.
September 1, 2005... Gov. Mark R. Warner last week unveiled several new appointments, including that of Monique Nadeau-Langridge of McLean to the board of the Virginia Public Building Authority. Nadeau-Langridge is a consultant and former managing director of...

N.Y. Jets Scrap Plans for West Side Stadium, Eye Two Other Sites.
September 1, 2005... The New York Jets yesterday informed New York's Metropolitan Transportation Authority that it would not proceed with its plan to purchase 13 acres of MTA property on the far West Side of Manhattan, which was to be the site of a 75,000-seat...

Lehigh Valley, Pa., Hospital to Sell $81M.
September 1, 2005... The Lehigh County General Purpose Authority plans to sell $81 million of health care revenue bonds in mid-September to finance part of a major expansion at the Lehigh Valley Hospital in Allentown, Pa. Merrill Lynch & Co. and UBS Financial...

U.S. Securities Prices.
September 1, 2005... Prices as of 3 p.m. ET. Source: GovPx Inc. Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 9/22/2005 3. -- /335 3.375/370 3.390 3M -- 12/1/2005 3.440/430...

Short-Term Tax-Exempt Yields.
September 1, 2005... Aug 31, 2005 Aug 30, 2005 Sep 1, 2004 Selected MIG-1/SP-1+ Notes Los Angeles Co Trans 4s (June 06) 2.85 2.80 1.44 New Jersey Trans 4s (June 06) 2.95 2.87 1.46 Texas Trans 4 1/2s (Aug 06) 2.85 2.99 1.55 Municipal Market...

Municipal Market Data General Obligation Yields.
September 1, 2005... Aaa Aaa (pure) (ins) Aa A Baa 2006 2.81 2.85 2.85 2.95 3.15 2010 3.11 3.21 3.19 3.38 3.66 2015 3.50 3.62 3.60 3.82 4.12 2020 3.78 3.90 3.88 4.10 4.37 2025 3.99 4.10 4.09 4.30 4.54 2030 4.16 4.26 4.26 4.43 4.67...

Market Indicators.
September 1, 2005... Dollar amounts are in millions Day's 2005 2005 Daily Yesterday Change High Date Low Date Municipal Bond Index 116-14 +10/32 116-24 (6/27) 112-11 (1/4) 40 Average Dollar Price 105.33 +0.28 105.74 (6/7) 101.95 (3/30) ...

Reoffering Yields.
September 1, 2005... 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 8/31 4.4 Cuyahoga Co., Ohio (Aa1/AA+). 2.80 NRO 3.65 3.95 4.10...... . 8/31 1.9 East Bethel,...

New-Issue Balances.
September 1, 2005... (,000 Omitted) * Since initial reoffering + Revised upward since last report Amount Date NEW OFFERINGS Sold Balance $23,500 8/31 Iron Co. Sch. Dist., Utah $23,500 All Sold 17,900 8/30 * Assn. Of Bay Area Govts., Calif....

One-Year Note Index.
September 1, 2005... 2005 Aug 31 2.93% 24 2.96 17 2.89 10 2.89 3 2.82 Jul 27 2.78 20 2.67 13 2.66 6 2.63 Jun 29 2.61 22 2.64 15 2.61 8 2.59 1 2.77 ...

Municipal Bond Index Update.
September 1, 2005... The list of bonds used to calculate the Municipal Bond Index was revised after the August 31 pricing. The new coefficient is 1.0236. It was derived by dividing the August 31 index (116.443910) by the average converted price of the new set...

Municipal Bond Prices.
September 1, 2005... 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 Change...

Municipal Bond Index.
September 1, 2005... Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 116-14 116-04 115-24 115-03 111-15 Wednesday, August 31, 2005 Maturity Par Call Dollar Conversion Converted Date Date Price Factor Price ...

Despite Referendum Threat, St. Louis MetroLink Sale to Go On.
September 1, 2005... CHICAGO -- A group of St. Louis-area residents yesterday launched a petition drive in an attempt to force a countywide public vote next August on a $150 million bond issue the Missouri-Illinois Bi-State Development Agency plans to sell later...

SEC Names Acting Head of Fort Worth Office.
September 1, 2005... WASHINGTON -- James A. Clarkson has been appointed acting administrator of the Securities and Exchange Commission's Fort Worth district office, SEC chairman Christopher Cox announced yesterday. Clarkson, who currently serves as the director...

Bush Sending Congress $10B Hurricane Aid Bill.
September 2, 2005... The Bush administration will ask Congress for $10 billion in emergency funding for relief efforts on the Gulf Coast in the wake of Hurricane Katrina, and lawmakers may approve the request as soon as today, congressional sources said late...

The Digest.
September 2, 2005... The municipal bond market finished mixed yesterday, as attractively valued shorter maturities drew in buyers and the Treasury yield curve steepened amid expectations that higher oil prices and a slower economy would force the Federal Reserve to...

Regulator Marks 30 Years: Taylor Highlights Milestones of Market, MSRB.
September 2, 2005... WASHINGTON -- As the Municipal Securities Rulemaking Board prepares to mark its 30th year anniversary on Monday, the board's executive director, Christopher Taylor, this week looked back and discussed the major events that he believes helped...

Clark County, Nev., Plans $546M For Busy McCarran International.
September 2, 2005... SAN FRANCISCO -- Fresh from reporting record passenger numbers, Clark County, Nev., enters the debt market this month with a multifaceted issuance for McCarran International Airport in Las Vegas. In all, McCarran plans to price more than...

Audit Details N.Y. Health Corp. Losses: Westchester County System Lost $207M.
September 2, 2005... A host of management and budgeting problems plagued the Westchester County Health Care Corp. and resulted in a documented $207 million operating loss from 2001 through 2004, according to an audit released yesterday by New York Comptroller Alan...

News In Brief: Personal Income Rises 0.3% in July.
September 2, 2005... WASHINGTON -- Personal income rose 0.3% in July, while personal consumption grew 1.0%, the Commerce Department reported yesterday. Personal income rose by $29.3 billion to about $10.3 trillion after an unrevised 0.5% increase in June. ...

News In Brief: Jobless Claims Up 3,000 to 320,000.
September 2, 2005... WASHINGTON -- First-time applications for state unemployment rose 3,000 to 320,000 in the week ending Aug. 27, according to data released by the Labor Department yesterday. The applications figure was above the 315,000 claims predicted by...

News In Brief: July Construction Spending Unchanged.
September 2, 2005... WASHINGTON -- Spending on construction projects was unchanged in July as both private and public construction decreased, according to Commerce Department figures released yesterday. Total construction spending was unchanged at a seasonally...

News In Brief: T-Bill Auction To Pay Down $3.011B.
September 2, 2005... WASHINGTON -- The Treasury Department yesterday said it will pay down $3.011 billion at its weekly auction of 91-day and 182-day discount bills Tuesday by selling $32 billion to refund $35.011 billion in maturing securities. To be sold are...

News In Brief: ISM Index Slips To 53.6% in August.
September 2, 2005... The Institute for Supply Management yesterday said its August index declined to 53.6% from 56.6% in July. Economists surveyed by IFR BondData Americas had expected the ISM index to rise to 58.0 last month. ISM said the PMI indicates...

Thursday's Market: Shorter Municipals Rise Amid Talk Of Fed Rate Hikes Ending Sooner.
September 2, 2005... The municipal bond market finished mixed yesterday, as attractively valued shorter maturities drew in buyers and the Treasury yield curve steepened amid expectations that higher oil prices and a slower economy would force the Federal Reserve...

KDFA Finance Official ResigningTo Take Consultant Post at PFM.
September 2, 2005... DALLAS -- Todd Fraizer, vice president of finance at Kansas Development Finance Authority since 1999, will leave that post for a position as senior managing consultant with Public Financial Management's office in Memphis. Lisa Daniel,...

Upstate N.Y.'s Ithaca College Readies $48.9M Refunding.
September 2, 2005... Ithaca College will sell $48.9 million of revenue bonds later this month to refund two series of bonds issued in the late 1990s. The upstate New York college will issue its debt through the Tompkins County Industrial Development Agency. The...

Infrastructure: Australian Toll Road Operator Buys 87% of Dulles Greenway.
September 2, 2005... Sydney, Australia-based Macquarie Infrastructure Group added another toll road to its growing portfolio last week by purchasing an 87% stake in the Dulles Greenway - a 14-mile privately held Virginia toll road near the nation's capital - for...

Hurricane Aftermath: Municipal Insurers Report Heavy Exposure in Areas Hit by Katrina.
September 2, 2005... Municipal bond insurers this week disclosed heavy exposure to public finance credits in the Louisiana, Mississippi, and Alabama counties and parishes designated as disaster areas by the Federal Emergency Management Agency in the wake of...

Mutual Funds: Muni Inflows Grow in July; Assets Up $4.23 Billion Year to Date.
September 2, 2005... Municipal bond mutual fund inflows reached their highest level so far in 2005 during July, as they took in a net $1.70 billion, the Investment Company Institute reported. The results followed a gain of $1.15 billion in June, and brought...

Money Market Funds: Tax-Free Average Yield Declines to 1.92%.
September 2, 2005... Assets in tax-free money market funds fell $1.95 billion during the week ended Monday from a record high of $334.67 billion, iMoneyNet Inc. reported. Retail funds lost $1.04 billion, while institutional funds had a net outflow of $909.7...

Attorney Says Opinion Allows Candidate for N.J. Governor to Self-Finance.
September 2, 2005... A lawyer for the New Jersey Republican candidate for governor said yesterday an opinion issued by the state would allow his client to continue self-financing his campaign. Hersh Kozlov, an attorney for nominee Douglas Forrester, had asked...

Competitive Bond Offerings.
September 2, 2005... Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com ISSUER ST DESCRIPTION AMOUNT ($000s) TIME OF SALE FINANCIAL ADVISER LEGAL OPINION MATURING...

Competitive Note Offerings.
September 2, 2005... ISSUER ST DESCRIPTION AMOUNT($000s) TIME OF SALE FINANCIAL ADVISER LEGAL OPINION MATURING INSURER MDY'S S&P FITCH BANK-QUAL. LATEST DETAILS Tuesday, September 6 Leawood KS...

Negotiated Bond Offerings.
September 2, 2005... 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 Friday, September 2 Santa Ana...

Results of Negotiated Sales.
September 2, 2005... ALABAMA Selma (City) Aug 18, 2005 $1,260,000 General Obligation Warrants Dated Aug 1, 2005. Due Feb 1, 2008 to 2021. First coupon Feb 1, 2006. Purchased through negotiation by Frazer Lanier Co., Inc., as...

Results of Competitive Sales.
September 2, 2005... MASSACHUSETTS Greater New Bedford Regional Vocational Technical High School District Sep 1, 2005 $4,125,000 Bond Anticipation Notes (bank qualified). Dated Sep 15, 2005. Due Sep 15, 2006. Purchased $4,125,000.00 by...

Rating Changes.
September 2, 2005... Dollar amounts represent the amount of bonds outstanding in the issue. Rating changes that result from the purchase of the letters of credit or bond insurance for issues in the secondary market are not included. ISSUER AMOUNT ...

CALIFORNIA: I-Bank Bonds Rated.
September 2, 2005... Standard & Poor's on Tuesday assigned its rating of A to a forthcoming California Infrastructure and Economic Development Bank transaction to reimburse the California general fund for emergency loans it made to three distressed school...

CALIFORNIA: Pension Papers Sent.
September 2, 2005... One of the major logjams in San Diego's pension crisis may have become unjammed. On Tuesday, the board of the San Diego City Employees' Retirement System voted to hand over previously unreleased documents to the investigative agencies who have...

CALIFORNIA: Eminent Domain Moves.
September 2, 2005... The California Senate Judiciary Committee on Tuesday voted down a constitutional amendment that would have barred many uses of eminent domain, but voted in favor of a bill to impose a two-year moratorium on the use of most eminent domain...

CALIFORNIA: Transbay Hearing Set.
September 2, 2005... A hearing has been scheduled for Sept. 20 in a court case that is pivotal to plans to build a $2.1 billion intermodal transportation center in San Francisco. The new Transbay Terminal is envisioned as a linking point for local, regional,...

CALIFORNIA: Santa Barbara Hospital.
September 2, 2005... A groundbreaking ceremony was held this week for the new Santa Barbara Cottage Hospital facility, according to published reports. Cottage Health System, the nonprofit organization that operates the only major hospital in the wealthy...

CALIFORNIA: New Toll Roads CFO.
September 2, 2005... Mary Lou Woods took over this week as chief financial officer of the organization that runs the Foothill/Eastern Transportation Corridor Agency and the San Joaquin Hills Transportation Corridor Agency in Orange County. Woods has been...

OREGON: Lottery Bonds OK'd.
September 2, 2005... Gov. Ted Kulongoski Monday signed the ConnectOregon bill, a $100 million lottery-bond authorization. The proceeds are slated to finance air, rail, marine, and transit infrastructure projects around the state. The bill was one of the...

U.S. Securities Prices.
September 2, 2005... Prices as of 3 p.m. ET. Source: GovPx Inc. Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 9/22/2005 3.320/n.a. 3. -- /335 3.375 3M -- 12/1/2005 3.355/350...

Short-Term Tax-Exempt Yields.
September 2, 2005... Sep 1, 2005 Aug 31, 2005 Sep 2, 2004 Selected MIG-1/SP-1+ Notes Los Angeles Co Trans 4s (June 06) 2.70 2.85 1.45 New Jersey Trans 4s (June 06) 2.92 2.95 1.45 Texas Trans 4 1/2s (Aug 06) 2.85 2.85 1.56 Municipal Market...

Municipal Market Data General Obligation Yields.
September 2, 2005... Aaa Aaa (pure) (ins) Aa A Baa 2006 2.79 2.83 2.83 2.91 3.11 2010 3.09 3.19 3.17 3.36 3.63 2015 3.49 3.61 3.59 3.81 4.10 2020 3.77 3.89 3.87 4.09 4.35 2025 3.99 4.10 4.09 4.30 4.54 2030 4.16 4.26 4.26 4.44 4.67...