Securities and Exchange Commissioner Elisse Walter said Monday that despite great progress made in recent years in the regulation of fixed-income securities markets, secondary market disclosure must improve.
Texas legislators have reached a deal on a $94 billion spending plan over the next two years but need to work out details on a $2 billion water bond program and $400 million of transportation funding.
As housing finance agencies have found the traditional way to finance affordable mortgage loans increasingly difficult, they have embraced a new pass-through structure to issue bonds.
Photos from The Bond Buyer's 2nd Annual Symposium on Distressed Municipalities, held March 18-19 at the Omni Providence Hotel in Providence, Rhode Island.
Mary-Margaret Collier, the long-time director of state and local bond finance in Tennessee, has announced plans to retire capping a 30-year career in public finance.
A networking group for government officials, municipal bond professionals & decision-makers, driven by The Bond Buyer, which dominates municipal bond market coverage with daily breaking news through the printed daily paper, bonus distributions, live events and online at TheBondBuyer.com.
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.