Bill Lockyer

California tax-free bond sale sees light demand from individual investors. Yields just not high enough?...

Individual investors' appetite for California tax-free muni bonds dims....

California lifts one-month suspension of sales tax credit for purchase of equipment used to manufacture alternative energy products....

The state of California on Tuesday will pay off a $7.75-billion loan it got from investors last fall. Those investors probably are wishing the state would keep their money a little longer. Treasurer Bill Lockyer borrowed a total of $10......

Standard & Poor's has removed the immediate risk of a downgrade of California's debt rating, saying the state's plan to balance its budget was "largely realistic." S&P on Thursday raised its outlook for California’s rating to “stable”...

California will seek $5 billion in short-term loans from banks and other financial institutions next week, hoping to avoid the risk of being locked out of the markets if Congress fails to raise the federal debt ceiling by Aug. 2.......

California borrowed $5.4 billion from major banks Tuesday, boosting its cash reserves ahead of possible market disruptions tied to Washington’s debt drama. The state got the loan at an annualized interest rate of 0.237%, Treasurer Bill Lockyer said....

California on Thursday got the highest possible credit ratings on the short-term debt it plans to issue the week of Sept. 12. That’s should be good for taxpayers, at the expense of the investors who are expected to buy the......

Yield-hungry individual investors on Tuesday put in orders to buy more than half of the short-term notes that California is selling this week to raise cash. Brokerages handling the deal for state Treasurer Bill Lockyer said they had orders for......

Investors’ scramble to earn a reasonable return on their cash helped California sell out an offering of $5.4 billion in short-term notes earlier than expected -- and at the low end of expected yields. The state said it completed the......

A steep drop in interest rates on tax-free municipal bonds this year has curbed individual investors’ appetite for a new California debt offering. The state’s brokerage network took in orders Friday and Monday for $640 million of a $2.5-...

California on Tuesday wrapped up its first long-term debt sale of 2011, paying interest rates substantially below what it paid on bonds last November -- a savings for taxpayers. The drop in yields curbed demand for the bonds from individual......