Question: Would yields would be higher or lower on taxable bonds?
Answer: Yields should be higher on taxable versus tax-free bonds.
Fitch Rates Eagle Pass, Texas GO Bonds 'A'; Outlook Stable
AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to Eagle Pass, Texas general obligation (GO) bonds as follows: --$6.895 million GO tax refunding bonds, series 2010. The bonds will be sold via negotiation on Oct. 13, 2010. Proceeds will be used to refund series 2007 combination tax and limited pledge revenue certificates of obligation (COs). In addition, Fitch affirms the ...
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