ATLANTA — Municipal issuers are overreacting to recent developments surrounding the compliance program for Build America Bonds, a Treasury official said yesterday in an effort to tamp down ongoing concerns.
Meanwhile, Government Finance Officers Association members attending the group’s annual conference here pressed for price transparency for certain new bond issues whose yields are not reported immediately as well as restrictions on the ability of a dealer-financial adviser to switch roles and become the underwriter in a negotiated transaction.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access