New issues cruised through the primary sector yesterday, while secondary prices were unchanged to 1/8 point higher, except for Denver Airport bonds, which fell around 1/2 point.

The new deals came at expected levels. Smith Barney, Harris Upham & Co. led activity by pricing and then repricing $444 million of North Carolina Eastern Municipal Power Agency power system revenue bonds. Yields were lowered 1.66 basis points on the term bonds in 2017, 2018, and 2019.

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