Quantcast

Christine Albano

Recent Stories From this Author

Uptick in Current Refundings Will Pique Interest
August 27, 2014 An expected swell in the volume of current refundings in the fourth quarter will be a welcome arrival even if it doesn't cure...

Market Post: Dreary Late Summer Volume Dips to $2.53 BB
August 24, 2014 As the end of summer approaches and supply continues to dwindle, weekly volume in the municipal market is expected to sink to...

New Jersey, California Draw Demand for Opposite Reasons
August 15, 2014 Though New Jersey and California are on starkly different credit paths, municipal analysts said their recent trading patterns...

Higher Volume Led by NYC and Port Authority Refundings
August 10, 2014 Large deals in New York and New Jersey -- led by New York City's $900 million general obligation bond refunding -- are...

T. Rowe Price Debuts High-Yield Muni Fund
August 6, 2014 T. Rowe Price recently launched an Intermediate Tax-Free High-Yield Fund targeting investors who are worried about protecting...

Managers Embrace Defensive Posture in Second Half
August 4, 2014 Shortening duration, buying premium bonds, and minimizing risk are three paths municipal managers are taking as the second...

Unique Names Highlight $5.8 Billion Calendar
August 3, 2014 Volume will inch up slightly from last week but remain relatively sparse as an estimated $5.81 billion makes its way to...

Primary Mixed as Secondary Market Softens
July 31, 2014 Deals on Thursday priced with a larger importance placed on credit, as the Illinois Sports Facilities Authority deal had...

Seasonal Sluggishness Curtails New Volume to $4.19 Billion
July 27, 2014 New-issue volume is expected to decline by around $2 billion this week, as a handful of deals from California, the District of...

Muni Money Market Funds Cut Weekly Outflow to $66 Million
July 24, 2014 Outflows from tax-exempt money market funds decreased to $66 million in the week ended July 21, as total net assets settled at...


Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.