Housing bonds are popular with many investors because they offer higher yields than other tax-exempt securities.
In the secondary market for tax-exempt municipal securities, prices of most issues rose by about 1/8 point, dealers said.
No new issues of corporate or tax-exempt securities were priced yesterday.
In the municipal bond market, investors continued to find tax-exempt securities attractive.
Prices were little changed in the secondary market for corporate and tax-exempt municipal securities yesterday.
It is thought that this bond would be the first tax-exempt security ever offered as part of the space business.
New York is by far the nation's biggest issuer of tax-exempt securities.
Activity in the secondary market for corporate and tax-exempt municipal securities was light, with little or no price movement.
Thus, few banks are large holders of tax-exempt securities any more.
Money managers increased to 48, up 5, the number of days tax-exempt securities are held in portfolios.