6 Comments
 
Best Response

BlackRock CA Insured Municipal Income Trust III (BCK) BlackRock CA Municipal 2018 Income Trust (BJZ) BlackRock CA Municipal Income Tr II (BCL) BlackRock California Insured Municipal 2008 Term Trust (BFC) BlackRock California Investment Quality Municipal Trust (RAA) BlackRock California Municipal Bond Trust (BZA) BlackRock California Municipal Income Trust (BFZ) BlackRock Insured Municipal Term Trust (BMT) BlackRock MuniHoldings California Insured Fund, Inc. (MUC) BlackRock MuniYield California Fund, Inc. (MYC) BlackRock MuniYield California Insured Fund, Inc. (MCA) Eaton Vance California Municipal Income Trust (CEV) Eaton Vance Insured CA Municipal Bond II (EIA) Eaton Vance Insured California Municipal Bond (EVM) MFS California Insured Municipal (CCA) Morgan Stanley California Insured Municipal Income Trust (IIC) Morgan Stanley California Quality Municipal Securities (IQC) Morgan Stanley Insured California Municipal Securities (ICS) Neuberger Berman California Intermediate Municipal Fund (NBW) Nuveen California Dividend Advantage Municipal Fund (NAC) Nuveen California Dividend Advantage Municipal Fund 2 (NVX) Nuveen California Dividend Advantage Municipal Fund 3 (NZH) Nuveen California Investment Quality Municipal Fund (NQC) Nuveen California Municipal Market Opportunity Fund (NCO) Nuveen California Municipal Value Fund (NCA) Nuveen California Performance Plus Municipal Fund (NCP) Nuveen California Premium Income Municipal Fund (NCU) Nuveen California Quality Income Municipal Fund (NUC) Nuveen California Select Quality Municipal Fund (NVC) Nuveen California Select Tax-Free Income Portfolio (NXC) Nuveen Insured California Dividend Advantage Municipal Fund (NKL) Nuveen Insured California Premium Income Municipal Fund (NPC) Nuveen Insured California Premium Income Municipal Fund 2 (NCL) Nuveen Insured California Tax-Free Advantage Municipal Fund (NKX) Nuveen North Carolina Dividend Advantage Municipal Fund (NRB) Nuveen North Carolina Dividend Advantage Municipal Fund 2 (NNO) Nuveen North Carolina Dividend Advantage Municipal Fund 3 (NII) Nuveen North Carolina Premium Income Municipal Fund (NNC) PIMCO California Municipal Income Fund III (PZC) Van Kampen California Value Municipal Income Trust (VCV)

or the iShares Cali Muni Bond ETF (CMF)

 
spoonforkBlackRock CA Insured Municipal Income Trust III (BCK) BlackRock CA Municipal 2018 Income Trust (BJZ) BlackRock CA Municipal Income Tr II (BCL) BlackRock California Insured Municipal 2008 Term Trust (BFC) BlackRock California Investment Quality Municipal Trust (RAA) BlackRock California Municipal Bond Trust (BZA) BlackRock California Municipal Income Trust (BFZ) BlackRock Insured Municipal Term Trust (BMT) BlackRock MuniHoldings California Insured Fund, Inc. (MUC) BlackRock MuniYield California Fund, Inc. (MYC) BlackRock MuniYield California Insured Fund, Inc. (MCA) Eaton Vance California Municipal Income Trust (CEV) Eaton Vance Insured CA Municipal Bond II (EIA) Eaton Vance Insured California Municipal Bond (EVM) MFS California Insured Municipal (CCA) Morgan Stanley California Insured Municipal Income Trust (IIC) Morgan Stanley California Quality Municipal Securities (IQC) Morgan Stanley Insured California Municipal Securities (ICS) Neuberger Berman California Intermediate Municipal Fund (NBW) Nuveen California Dividend Advantage Municipal Fund (NAC) Nuveen California Dividend Advantage Municipal Fund 2 (NVX) Nuveen California Dividend Advantage Municipal Fund 3 (NZH) Nuveen California Investment Quality Municipal Fund (NQC) Nuveen California Municipal Market Opportunity Fund (NCO) Nuveen California Municipal Value Fund (NCA) Nuveen California Performance Plus Municipal Fund (NCP) Nuveen California Premium Income Municipal Fund (NCU) Nuveen California Quality Income Municipal Fund (NUC) Nuveen California Select Quality Municipal Fund (NVC) Nuveen California Select Tax-Free Income Portfolio (NXC) Nuveen Insured California Dividend Advantage Municipal Fund (NKL) Nuveen Insured California Premium Income Municipal Fund (NPC) Nuveen Insured California Premium Income Municipal Fund 2 (NCL) Nuveen Insured California Tax-Free Advantage Municipal Fund (NKX) Nuveen North Carolina Dividend Advantage Municipal Fund (NRB) Nuveen North Carolina Dividend Advantage Municipal Fund 2 (NNO) Nuveen North Carolina Dividend Advantage Municipal Fund 3 (NII) Nuveen North Carolina Premium Income Municipal Fund (NNC) PIMCO California Municipal Income Fund III (PZC) Van Kampen California Value Municipal Income Trust (VCV)

or the iShares Cali Muni Bond ETF (CMF)

you are a god ty

 

Cali was supposed to come out with $10 billion muni issuance today and they postponed it and now are getting sued according to Bloomberg. They are a total basket case.

In response to your question, I would find out what institutional investors are primarily active in buying Cali notes and try and find out what alternatives they may flee to. My guess would be PIMCO and Blackrock to start.

 

Quaerat et dolor tempora aut libero error sequi. Velit cupiditate dolores incidunt totam accusantium. Et rerum hic sed numquam porro voluptatem.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”