SECURITIES
- Share via
From Times Staff and Wire Reports
California Will List $3.3 Billion in Bonds: The state next week will become the first municipal bond issuer on the New York Stock Exchange in decades, according to state Treasurer Kathleen Brown. Most municipal bonds are traded through brokers, not on exchanges. Brown said the move will lead to greater price and credit disclosure, which regulators have been pushing. The idea is to make California’s bonds more accessible to investors, which might lower the state’s borrowing costs.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.