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The city also plans to raise $40 million through municipal bonds.
If so, the municipal bonds would be the better alternative.
Prices of municipal bonds closed down by about half a point.
One summer many years ago, I went to work for a company that sold municipal bonds.
My dad thought it was very important for us to see what municipal bonds built.
One signal was the performance of municipal bonds last week.
Q. Has the easy money already been made in municipal bonds?
Q. What effect would a federal tax cut have on municipal bonds?
From municipal bonds, minority workers went on to other parts of the financial world.
That is when many outstanding municipal bonds will be called.
There are more than 1.5 million issues of municipal bonds outstanding, but most never trade.
And steer clear of municipal bonds when interest on the issue is subject to the tax.
Meanwhile, prices of most municipal bonds rose by about 1/4 point.
Perhaps it's time to think about the virtues of municipal bonds.
Most municipal bonds fell by a similar amount, the traders said.
But yesterday the market for other California municipal bonds recovered a bit.
The retail side, he said, "does not want information about municipal bonds."
And that has made municipal bonds look relatively more attractive.
But during the same period, interest rates, including yields on municipal bonds, fell.
Come 1995, the prices were so beaten down that municipal bonds looked good again.
Other municipal bonds have also gained more than a percentage point in this period.
How would the borough pay off its share of municipal bonds?
Only the interest on the municipal bonds they hold is tax-free.
At that time, the issue of municipal bonds for any other purpose had already been forbidden.
The interest is exempt from federal income tax as in municipal bonds.