The Municipal Securities Rulemaking Board wants to cut in half a proposed requirement that would have mandated municipal securities transactions be closed out within 20 days of settlement after dealer groups urged the self-regulator to do so.
Lackluster investment returns reported by some of the nation's largest public pension funds signal intensifying fiscal pressure on U.S. state and local governments, Moody's Investment Service said Tuesday.
We are hearing so much these days about socially responsible investing, sustainable investing, impact investing, and investing based on ESG criteria meaning environment, social and governance. But what does it all mean? This workshop will help learners understand how the history of SRI has led to current practices and principles, with an emphasis on concepts and strategies related to fixed income investing.
The dramatic reduction of one state's traditional cash-flow borrowing combined with historically low interest rates in the long-term market led to a 7.4% decrease in short-term tax-exempt note issuance in 2011, according to market experts. more »
Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management dissect New York City's $82 billion budget with Bond Buyer Northeast regional editor Paul Burton. They explore efficiencies, debt management, reserves, the economy, the capital budget and Mayor Bill de Blasio's plan to overhaul Health + Hospitals.