United States:
Muni Market Keeps Wary Eye On Likely Government Shutdown
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Retail and Consumer Products Co-chair Charles Samuels spoke to The Bond
Buyer on the impact a governmental shut down may have on the
municipal market.
Chuck said, "If there is a shutdown many borrowers are
going to consider how temporary delays in federal spending
specifically affect their obligations and services. At the human
level, there are plenty of federal employees who finance groups
deal with, who may miss a paycheck causing real hardship. It is a
political football but not a joke."
SOURCE
The Bond Buyer
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