Minneapolis, MN | June 6, 2023 | Georgina Walleshauser, Vice President
President Biden signed the Fiscal Responsibility Act of 2023 bill this weekend, suspending the debt limit through January 1, 2025. As a result, the sale of State and Local Government Securities (SLGS) resumed yesterday, June 5th, as of 12pm ET.
As a reminder, whether or not the SLGS window is open, open market securities (“OMS”) can be a valuable substitute for refunding escrows. We encourage you, as always, to reach out to Georgina Walleshauser at email@example.com or your Blue Rose advisor for an OMS versus SLGS indication to determine if there is value to you or your client in utilizing an OMS escrow.
Meet our Author of Basis Points: SLGS Window Reopened
Georgina Walleshauser, Vice President | 952-746-6036 Georgina Walleshauser joined Blue Rose in 2017 as an Analyst, providing modeling, analytics, market data, and research in support of the delivery of capital planning, debt and derivatives advisory, and reinvestment services to our clients. In the role of Associate, she utilized her experience as an Analyst in a more client-facing role, while still performing much of the analysis utilized in this capacity. In her role of Assistant Vice President, she will be tasked with growing client management responsibilities, in particular ensuring that our clients’ transactions run smoothly through closing.
Megan Roth, Marketing Manager