Wednesday, August 17, 2011

Zions Direct Announces Municipal Bond Auction Results


Zions Direct ( www.zionsdirect.com ), the online broker-dealer that allows its customers to purchase municipal bonds in its daily web-based auctions, announces their weekly auction results. In auctions closed from August 8, 2011 to August 12, 2011, investors purchasing municipal bonds in the auctions received average tax-exempt yields 0.85 percentage points, or 85 basis points, higher than similar bonds as reported by the Municipal Securities Rulemaking Board (MSRB).


Terms are defined as follows: < 9 months = anything up to .75 years to maturity; 1 year = anything greater than 0.75 years up to 1.5 years to maturity; 2 years = anything greater than 1.5 years up to 2.5 years to maturity; 3 years = anything greater than 2.5 years up to 4 years to maturity; 5 years = anything greater than 4 years up to 6 years to maturity; 7 years = anything greater than 6 years up to 8.5 years to maturity; 10 years = anything greater than 8.5 years up to 11.5 years to maturity.Baltimore's National Aquarium features hundreds of exhibits with more than 16,500 animals representing more than 660 species. Highlights include a new dolphin show "Our Ocean Planet"; a 4-D Immersion Theater that brings guests closer to the sights, sounds and smells of the underwater world; "Animal Planet Australia: Wild Extremes," an exciting look into the hidden creatures lurking "down under," and the recently opened "Jellies Invasion: Oceans Out of Balance" an exhibit focusing on how jellies live and thrive in waters around the world and how they're changing the balance of Earth's aquatic ecosystems.Cegedim Relationship Management boasts a current 80% first call resolution rate and a 98% customer satisfaction rating in their support of over 35,000 home office and remote field force users across 35 Life Sciences companies in the US. The company uses best in class multi-channel technology including voice, internet, chat, email, IVR, telephony, call recording and call monitoring.CONTACT: Ann Lafontaine Marriott International, Inc. 301-380-2818 Email ContactAbout the Baltimore Marriott Inner Harbor at Camden Yards The Baltimore Marriott Inner Harbor at Camden Yards is a distinctive hotel conveniently located just across the street from the Baltimore Convention Center, which provides travelers with easy access to all major highways. Just a few short minutes from Baltimore Washington International Airport, this stylish hotel welcomes guests with a warm and inviting lobby, two restaurants, a concierge level and on-site fitness center.Contact: Russell Fisher Zions Direct. (801) 844-7826 Kristin Brown Racepoint Group Email Contact (202) 912-4906*Rates are per room per night and valid seven days a week through 12/31/11 based on availability at the time of reservation. Offer is not valid for groups of 10 or more rooms and may not be used with any other discount or promotion. Please visit hotel website for additional terms and conditions.Add to Digg Bookmark with del.icio.us Add to NewsvineMunicipal Bond Auction Comparison Data (auction data from auctions.zionsdirect.com)
 Auction Issuer Term Rating Yield MSRB Difference (basis Avg Yield points)
Allen, Texas 1 Month AA 1.00% 0.32% 68
Kaufman County, Texas 6 Month Insured AA 1.00% 0.35% 65
Half Hollow Hills Cent Sch Dist, NY 21 Month AA 1.89% 0.63% 126
Charleston Edu Excellence Fin Corp, SC 4 Month AA 0.88% 0.32% 56
Carroll County, Maryland 4 Month AA 0.99% 0.32% 67
Fort Worth, Texas 7 Month AA 0.99% 0.32% 67
Lincoln & Sagadahoc Multicounty Jail Auth, ME 2 Year A 3.18% 1.32% 186
Central Weber Sewer Imprv Dist, UT 7 Month Insured AA 0.95% 0.35% 60
University of Arizona 22 Month AA 1.55% 0.63% 92
Pima Cnty, AZ COP 5 Month AA 1.25% 0.32% 93
Marple Newtown School Dist, PA 7 Month AA 1.35% 0.32% 103
South Jordan, UT - Municipal Building Authority 20 Month AA 1.59% 0.63% 96
Massachusetts Health & Ed Fac Auth 2 Month A 0.90% 0.79% 11
State of Connecticut 10 Month AAA 1.24% 0.33% 91
West Bountiful City, UT 18 Month AA 1.34% 0.44% 90
Average Difference 85


For more information on Zions Direct and the BondDesk Market Snapshot go to www.zionsdirect.com to sign up to receive the free weekly newsletter or visit www.think.zionsdirect.com to view a Market Snapshot archive.


THE INFORMATION IN THE MARKET SNAPSHOT IS NOT INTENDED TO SERVE AS THE BASIS FOR INVESTMENT DECISIONS. PAST PERFORMANCE IS NOT AN INDICATION OF FUTURE RESULTS.For added convenience, additional aquarium tickets may be purchased at the hotel front desk to avoid delays at the Aquarium. This money saving package comes from one of the premier hotels near National Aquarium in Baltimore . Travelers will also receive a complimentary breakfast buffet for two at the hotel's Café Promenade and free overnight parking -- all at rates starting as low as $154*.

Contact: Russell Fisher Zions Direct. (801) 844-7826 Kristin Brown Racepoint Group Email Contact (202) 912-4906




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