Jump to content

Berkshire Insured Muni-Bonds


Recommended Posts

California borrowed $8.8 billion, selling notes at yields of 1.5 percent and 1.25 percent, which will be paid off by the end of its fiscal year that began July 1.


My God, the yields are very low on an absolute basis!


That's still a pretty hefty spread from 1 year treasuries, which, at the time, yielded less than 0.5%.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...