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J Nemes

Publications and source records attributed to J Nemes.

563 records · Page 32Linked to original sources

9$ billion wave of redemptions in municipal bond market expected to kick off new year.

More than $9 billion of municipal bonds could be redeemed on Jan. 1, which could translate into interest-rate savings for hospitals poised to issue new debt. The huge redemption is the result of the decline in interest rates since the early 1980s, which prompted a rush to issue bonds. Because much of that debt can be redeemed after 10 years, the first wave of redemptions is expected to occur in 1993.

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