Muni bond market seizure. What should Investors do?
Tags: Ambac + Credit + FGIC + MBIA + municipal bonds + munis
Last week the credit markets seized up again when institutional investors declined to buy Muni bond and Preferred stock debt at any price. The Auction Rate Securities market is the market where interest rates are regularly re-set on long term Muni and Preferred debt
February 18, 2008 - Markets - 0 Comments
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