Municipal Bond Sales Cross $500 Billion Mark at Record Pace
US states and local governments are selling debt at a record clip, borrowing more than $500 billion so far this year as the need for infrastructure and airport upgrades mounts.
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US states and local governments are selling debt at a record clip, borrowing more than $500 billion so far this year as the need for infrastructure and airport upgrades mounts.
Tokyo, Oct. 20 (Jiji Press)--Japanese Prime Minister Sanae Takaichi faces near-term pressure to control debt issuance and secure financial resources to fund key measures after her economic policy has sent the yen weaker and bond yields higher since she took office a year ago. Market players have been concerned about Takaichi's "responsible and proactive fiscal policy," believing that it mea...
African companiesโ hard-currency bond sales are running at the fastest pace in five years, according to Bank of America Corp, which predicts issuance will remain robust over the coming years.