It’s all golden: Retail snags Calif.’s $2.2B GOs as deal prices early for institutions

Author: , Post Date: March 7, 2018
image_pdfimage_print

Excerpt below:

Other large deals, such as the $929.5 million Oklahoma Development Finance Authority health revenue bonds, were bumped by as much as 30 basis points, indicating strong investor appetite.

John Mousseau, executive vice president and director of fixed income at Cumberland Advisors, said the deal was cheap and there was a lot to like.

cumber map
Cumberland Advisors® is registered with the SEC under the Investment Advisers Act of 1940. All information contained herein is for informational purposes only and does not constitute a solicitation or offer to sell securities or investment advisory services. Such an offer can only be made in the states where Cumberland Advisors is either registered or is a Notice Filer or where an exemption from such registration or filing is available. New accounts will not be accepted unless and until all local regulations have been satisfied. This presentation does not purport to be a complete description of our performance or investment services. Please feel free to forward our commentaries (with proper attribution) to others who may be interested. It is not our intention to state or imply in any manner that past results and profitability is an indication of future performance. All material presented is compiled from sources believed to be reliable. However, accuracy cannot be guaranteed.
Loading...