The percentages of last week's new municipal bond offerings that have been bought from the underwriters, according to the Bond Buyer newspaper.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The dollar amount of new issues of bonds that underwriters have placed with investors, expressed as a percentage of all new issues. The placement ratio is published in Bond Buyer. Only new issues worth more than $1 million are included in the calculation. This can be used as an indicator of the state of the bond market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The percentage of municipal bonds brought to market during the past week that have been sold by underwriters. Only issues greater or equal to $1 million are included in this calculation published by the Bond Buyer.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.