Wednesday, January 28, 2009

And here's the reason I stopped being a business major

Terms like these are why I'd rather write all day than do one math problem:
The New York Mets completed financing for Citi Field on Wednesday by selling $82.28 million in tax-free 37-year bonds at what Citigroup said was an average interest rate of 6.45 percent.

The bonds from Queens Ballpark Co. were rated Baa3 by Moody’s and BBB by Standard and Poors. Three years ago, the Mets sold $613 million in 40-year notes at a last yield of 4.57 percent.

...Right...

Well, as long as it's paid for. How long until April 3?

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