November 6, 2014
The Bond Buyer's 20-Bond Index® rose 8 basis points to 3.98. This rise was in spite of a relatively light volume of new issues. As we observed previously, we don't expect the Index to move much in the next several weeks.
Below are links to The Bond Buyer's ® 20- Bond Index along with a chart showing the trend of the Bond Buyer's ® 20-Bond Index for the past two years. For those interested, we have data for prior years and will be pleased to provide it upon request.
The Municipal Securities Rulemaking Board's EMMA system is now mandatory for new issue disclosure as well as continuing disclosure and bond ratings for rated issues. Both the preliminary and final official statements can be downloaded from the following web address: EMMA.
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Modified November 11, 2014