Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Yeshiva University Muni Trading Surges to Record on Moody’s Cut

Trading in Yeshiva University’s debt surged to a record after Moody’s Investors Service lowered the New York City school deeper into junk status.

Tax-exempt bonds due in July 2034 traded at an average price of 93.4 cents on the dollar yesterday, up from 92.3 cents when they last traded Feb. 24. At least $25 million of that maturity changed hands, the most since the revenue-backed securities were issued in 2004, data compiled by Bloomberg show.

The university, founded more than 100 years ago, is central to the Modern Orthodox Jewish community in the U.S. It lost about $100 million when Bernard Madoff, a trustee, was revealed to be a fraud in December 2008. The school is still struggling with budget deficits, which led Moody’s to drop its rating in January five levels to B1 from Baa2.

The ratings company cut the school two days ago to B3, six levels below investment grade. Standard & Poor’s said in a report last month that it’s maintaining an A rank, the sixth-highest grade.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.