``Given the lack of interest in the short-term loan or line of credit, the bond market is the only option left to secure the District Court mandated funds,'' GEDCA Administrator Tony Blaz stated in a news release.
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'Bond market is the only option left'
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Bonds, currency market closed on Wednesday
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Municipal bond prices drop
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Interest rates could fall
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Geithner delays default
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$2.3 million shortfall projected for next year
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Some elements financing campaign:
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Texas Municipal Retirement System unbundles, appointing Deutsche Bank as securities lending agent
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Overall interest rates may not harden:
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SBI may retain retail over-subscription under bond issue
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Want retail investors to enter bond market:
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Savings Bonds can be collateral:
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Cash rates fall as demand for funds eases
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Borrowers of 78 districts would be eligible
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Continental AG may sell bonds to refinance debt
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AbitibiBowater needs debtor financing
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Local governments will get help to collect debt