“Municipal bonds available for resale in the secondary market are listed by state in The Blue List, along with such information as the number of bonds offered, issuer, maturity date, coupon rate, price, and dealer making the offering. Ratings are not included. But there are sections on settlement dates of recent new offerings, prerefunded bonds, and miscellaneous offerings (some U.S. government and agency obligations, railroad equipment trust certificates, corporate bonds, and even preferred stocks). The dollar value of listings, referred to as the floating supply, gives an indication of the size and liquidity of the secondary municipal market.” The New York Institute of Finance, How the Bond Market Works 185 (1988).
blue list
Blue List. Securities. A daily listing (on blue paper) of secondary-market offerings of municipal bonds.
