Tonya Chin

Recent Stories From this Author

California GOs Are Going Green
September 18, 2014 California is making its debut into the "green bond" market next week with its $2.3 billion general obligation bond sale.

Moody's: California Drought Won't Impact Water Finances
September 17, 2014 The credit quality of California's water and sewer utilities will not be significantly impacted by the state's drought,...

California to Sell $110M of GOs for Vet Mortgages
September 16, 2014 The state of California is planning to sell $110 million of general obligation bonds for the state's Department of Veterans...

San Jose and Santa Clara USD Celebrate $80M Land Purchase
September 15, 2014 City, state, and school officials gathered Friday to celebrate San Jose, Calif. and Santa Clara Unified School District's...

San Francisco Airport Selling $481M
September 15, 2014 The San Francisco Airport Commission is expected to sell $481 million of revenue bonds Tuesday to finance and refinance new...

San Francisco's BART Gets Sales Tax Bond Upgrade
September 12, 2014 Fitch Ratings has upgraded more than $720 million of debt issued for the San Francisco Bay Area Rapid Transit System.

California Revenues Slightly Down in August
September 10, 2014 California's state controller released a monthly report this week, showing the state's revenues for the month of August came...

California RANs Break Record for Low Yields
September 10, 2014 In its smallest cash-flow borrowing deal since 2006, California achieved a record-low interest rate on its $2.8 billion sale...

New Website Shows Financials for California Locals
September 9, 2014 California Controller John Chiang unveiled a new website on Monday that lists more than 13 million fields of financial data...

Chiang: CalPERS Vulnerable to Pension Spiking
September 9, 2014 A review of the California Public Employees' Retirement System by the state controller's office found no incidences of pension...

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.

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