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Cities sell muni debt. One bank thinks they should buy it, too

OCTOBER 14, 2021 | by Romy Varghese | BLOOMBERG

By Romy Varghese, includes “At the Cabrera Capital Markets office in Chicago, public finance bankers Brian King and Edward Kurth were kicking around ideas when it occurred to them: amid the current wave of taxable deals, why not expand the investor base by pitching municipal governments themselves to buy the debt? Municipal treasurers aren’t typical buyers of the kind of the debt they sell themselves. …”

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