Industry Pulse: Convergence of Bond Yields Continues

Taxable financing is looking comparatively more attractive

The University of Pittsburgh Medical Center (UPMC) is planning a $900 million capital budget for 2018, to be partly financed by a $750 million tax-exempt bond issue. Photo courtesy of UPMC

 

 

 

 

 

 

 

How do taxable and tax-exempt rates compare today as a result of the recent headlines surrounding tax reform?

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