(Bloomberg) -- Burlington County, New Jersey, and
Danvers, Massachusetts, will hold today's largest municipal debt
auctions as U.S. state and local government borrowing ebbs
during the Independence Day holiday week.
The New Jersey county and Massachusetts town each plan to
sell some $10 million of notes due next year. The short-term
deals arrive a day after the July Fourth holiday as issuers and
underwriters this week offer less than $400 million in new debt
to investors, or about 5 percent of 2007's weekly average.
Read more at Bloomberg Bonds News
Danvers, Massachusetts, will hold today's largest municipal debt
auctions as U.S. state and local government borrowing ebbs
during the Independence Day holiday week.
The New Jersey county and Massachusetts town each plan to
sell some $10 million of notes due next year. The short-term
deals arrive a day after the July Fourth holiday as issuers and
underwriters this week offer less than $400 million in new debt
to investors, or about 5 percent of 2007's weekly average.
Read more at Bloomberg Bonds News
No comments:
Post a Comment