PRAG provides our clients with prompt, accurate and detailed market information on a regular basis. Prior to every debt pricing, we will prepare and provide market information including:
events and Treasury auctions during bond pricing week.
levels for a particular issue.
transactions during the week of pricing, potential competing deals and the new issue market.
We keep our clients informed of financial, economic and governmental trends, including tax law changes that could impact them. To do so, we subscribe to a variety of publications and information services which provide us with some of the raw information and data needed to perform various analyses and to foresee financial, legal and market trends. These publications include Bloomberg, Tullett Financial, Thomson’s TM3, the Bond Buyer, the Wall Street Journal, Moody’s Investors Services, Standard & Poor’s, Fitch Ratings, State Policy Reports and State Budget and Tax News. Furthermore with a national clientele, including three of the largest issuers of municipal debt, the State of California, the Commonwealth of Massachusetts and the City of New York, PRAG is in the market on a regular basis with a client’s financing. These deals keep us in ongoing conversation with all underwriting desks, enabling us to have current market information from a variety of primary sources.