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Article: Muni trading site brews a pricing solution.
- Article from:
- Investment News
- Article date:
- August 28, 2000
- Author:
CopyrightCOPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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But some traders doubt concoction methods
"Eye of newt and toe of frog; wool of bat and tongue of dog" -- that could be the recipe for valuing municipal bonds for most investors.
Even the witches in "Macbeth" might have trouble with muni investing.
But eBondUSA.com Inc. is hoping to dispel the myths and expose some of the secrets of valuing, buying and selling muni bonds.
The Greenwich, Conn., company this month rolled out a website aimed at financial planners and others who are involved in the municipal marketplace but who may not have an intimate knowledge of munis.
Some in the municipal bond community say the new site could ...