Weaker USTs, large new issues put pressure on triple-A curves

August 1, 2023

J.P. Morgan held a one-day retail order for $1.65 billion of revenue bonds from the Dormitory Authority of the State of New York, while Minnesota sold $1.02 billion of GOs in the competitive market in five deals.

Posted in Local Governments & Public Authorities, Minnesota, Municipal Finance, New York State Dormitory Authority, Primary bond market, Public finance, Secondary bond market, Texas and tagged Minnesota, New York State Dormitory Authority, Primary bond market, Public finance, Secondary bond market, Texas