Public Finance Market Update: June 2017

PUBLIC FINANCE TRENDS
National & State Market Update

This month, we compared two Aaa bank-qualified (BQ) transactions that reflect the degree to which interest rates have decreased since the end of 2016: one deal priced in December 2016 and the other in May 2017. Read more...

Public Finance Market Update: May 2017

PUBLIC FINANCE TRENDS
BQ Benefit and Method of Sale

This month's analysis sheds light on the benefit of bank-qualified (“BQ”) bond issues by comparing an insured Illinois (“IL”) A+ NBQ bond issue with an insured IL A1 BQ issue. When comparing these two bond issues, the BQ benefit appears to be minimal for the first nine years. Read more...

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