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Article: Wisconsin, California Put Some Heft Back Into the Market: The Week Ahead.
- Article from:
- The Bond Buyer
- Article date:
- September 10, 2001
- Author:
CopyrightCOPYRIGHT 2001 SourceMedia, 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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After several weeks of a summer-induced supply shortage, a handful of significantly sized deals provides a welcome sign that the municipal market is back to business.
The short-term market dominates the week's menu, beginning with an $800 million Wisconsin note deal today and a mammoth $5.7 billion state of California revenue anticipation note offering on Thursday.
Lehman Brothers will hold a three-day retail order period for the California note deal beginning today. The issue, rated F1-plus by Fitch, is tentatively scheduled to sell in three series maturing June 28, 2002, including two index note tranches and one fixed-rate tranch.
California ...