Liquidity finally at the Water Authortity
They seem to be paying pretty low interest rates (0.2% as of yesteday... down even from 0.23% when re?-issued last week I take) on some of it.... on par with the recession impacts in fixed income markets these days... actually should be pretty cheap debt for them at the moment... cheaper than when first issued even.
also see: http://trades.municipalbonds.com/bonds/issue/725304RD3
Who needs a Bloomberg box any more. :-)