02 Mar 2018 Bloomberg reports on muni bond mispricing research by Fideres
Fideres’ research on possible municipal bond mispricing was covered today by Bloomberg. The research analysed the pricing of municipal bonds (Muni Bonds) and found that underwriters systematically misprice them. The results illustrated that between 2006 and 2016 municipal bond issuers may have overpaid up to $28bn due to this mispricing.
The full article can be found here.