There is a new site that tracks all trade information for municipal bonds. If you are considering buying or selling individual municipal bonds, this site is invaluable. It is amazing to me how inefficient this market still is. I was reviewing a particular issue and it was not uncommon to see a customer sell the bond for $94 and then have another customer buy it at par ($100) soon after (quite a nice profit for the market makers).
This entry was posted by David on April 30, 2008 at 1:17 am, and is filed under Investing. Follow any responses to this post through RSS 2.0.Responses are currently closed, but you can trackback from your own site.