Results for "municipal bonds"

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Ruling could raise cost of muni bonds

October 22, 2007

The U.S. Supreme Court will take up a case that could affect state taxes on municipal bonds, published reports said. On Nov. 5, the court will hear a lawsuit from Kentucky investors George and Catherine Davis, who argue that the state’s policy...

Lord Abbett beefs up muni-bond team

October 22, 2007

Lord Abbett & Co. LLC has added Marybeth Leithead as a portfolio manager on its Municipal Bond team. She will be involved in helping to develop and implement investment strategy for the company's $9 billion in tax-free assets, with a focus on...

Muni board aims to boost transparency

October 15, 2007

The Municipal Securities Rulemaking Board will consider amending its Rule G-14 to heighten securities’ transparency, The Bond Buyer reported today. Rule G-14 essentially requires dealers to confirm that sales have been effected, and requires...

First muni ETF debuts on AMEX

September 10, 2007

The first exchange traded fund to invest in municipal bonds began trading today on the American Stock Exchange. The iShares S&P National Municipal Bond Fund from Barclays Global Investors of San Francisco, however, won’t be the last muni ETF....

Lehman debuts muni index swap

August 1, 2007

Lehman Brothers Holdings Inc. today launched the Lehman Brothers Municipal Index Swap, according to published reports. The new product allows investors to bet on U.S. municipal bonds, taking positions on yields of new five- and 10-year swap...

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