Week Of August 19 | |||||||||||||
Issuer | St | Description | Amount ($000s) | Lead Manager | Financial Adviser | Insurer | Mdy's | S & P | Fitch | First Appeared | |||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Michigan Fin Auth | MI | St-Aid | 92,000 | JPMorgan | Public Fin Mgmt | --- | --- | SP-1 | --- | Aug 13 | |||
Babylon (Town) | NY | Bldg Auth (Tax) | 9,240 | Goldman Sachs | Red Hill Pro Svcs | --- | MIG1 | SP-1+ | --- | Aug 16 | |||
Babylon (Town) | NY | Bond Antic | 15,350 | Goldman Sachs | Red Hill Pro Svcs | --- | MIG1 | SP-1+ | --- | Aug 16 | |||
Columbus | OH | GO Var Purp | 19,800 | BA Merrill Lynch | PRISM Municipal | --- | MIG1 | --- | --- | Aug 16 |
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While the municipal market barely budged following the Fed's decision to cut rates 50 basis points, Thursday saw muni yields rise up to two basis points, depending on the scale, but still lagged the weakness in USTs. LSEG Lipper reported $716 million of inflows into municipal bond mutual funds.
September 19 -
The Fed's 50 basis point cut surprised many, as a looming federal election and all the uncertainty that brings complicates efforts at forecasting.
September 19 -
The product is designed to give SOLVE's customers visibility into "next-trade" pricing data for more than 900,000 munis.
September 19 -
After getting positive outlooks from three rating agencies since 2023, Oklahoma received its first upgrade.
September 19 -
The agency cited a sustained commitment to healthy reserves and structural balance.
September 19 -
The plan involves building modern infrastructure and streamlining government operations and delivery of services.
September 19