Tag Archives: Municipal bonds

Interest savings tempt states into refunding – boon for cutting debt service costs

To whet your appetite as we look ahead to the Municipal Finance topic at the end of this semester…here’s a piece from Bloomberg on how states are making the most of favorable conditions by refinancing outstanding debt. Note the example of the Oklahoma turnpike authority, feeling perhaps a bit overexposed to variable rate debt and planning to lower the share of its outstanding debt of that type.

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