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Agenda Packets - 2020/11/09
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Agenda Packets - 2020/11/09
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Last modified
1/28/2025 4:51:01 PM
Creation date
11/10/2020 3:07:47 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/9/2020
Supplemental fields
City Council Document Type
City Council Packets
Date
11/9/2020
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2 YEAR TREND IN MUNICIPAL BOND INDICES <br />5.00% <br />4.50% <br />4.00% <br />3.50% <br />3.00% <br />2.50% <br />2.00% <br />Weekly Rates November, 2018 - November, 2020 <br />V I V <br />Circle = Max BB! (4.36% on 1119/2018), Diamond = Min BBI (2.02% on 8/7/2020 <br />Jan 19 Mar 19 May 19 Jul 19 Sep 19 Nov 19 Jan 20 Mar 20 May 20 Jul 20 Sep 20 Nov 20 <br />RBI — — BBI (Current: 2.34%) <br />The Bond Buyer "20 Bond Index" (BBI) shows average yields on a group of municipal bonds that <br />mature in 20 years and have an average rating equivalent to Moody's Aa2 and S&P's AA. <br />Source: The Bond Buyer The Revenue Bond Index (RBI) shows the average yield on a group of revenue bonds that <br />mature in 30 years and have an average rating equivalent to Moody's Al and S&P's A+. <br />rg'%'EHLERS <br />PUBLIC FINANCE ADVISORS <br />Page 8 <br />
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