Gun policies cost Citi, BAML a place on Louisiana bond deal

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues.

Northeast first half issuance down following tax overhaul

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

Statistics reports Andrew Coen August 17
Illinois offering document paints a gloomier picture than its politicians

The document details a $1.2 billion structural imbalance in the state budget labeled as “balanced” by Democrats and Republicans alike,

Primary bond market Yvette Shields August 17
Supply remains an issue as Texas' $7.2B notes deal dwarfs $4.5B bond slate

Texas headlines the week's slate as it prepares for a mammoth note sale while Massachusetts prepares large short-term sales of its own.

Primary bond market Christine Albano August 17

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The Latest

San Diego pension ruling could have implications for other cities

A State Supreme Court ruling jeopardizes San Diego’s pension reform measures, exposing the city to millions in unanticipated costs.

Public pensions Keeley Webster August 17

Public pensions Keeley Webster August 17
Puerto Rico 10-year recovery plan incorporates federal disaster aid

An estimated $69.1 billion of the $139 billion is already committed through a combination of insurance claims and federal disaster aid.

Hurricane Maria Brian Tumulty August 17

Hurricane Maria Brian Tumulty August 17
Video Taking the complexity out of selling municipal bonds

When it comes to munis, there’s no cookie-cutter format. Learn more from this video.

Munis April 26

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Munis April 26
Sequestration rate for direct-pay bonds is 6.2% starting Oct. 1

The cut has dropped from 6.6% in fiscal 2018 and 6.9% in fiscal 2017. The initial sequestration cut in fiscal 2013 was 8.7%.

Direct-pay bonds Brian Tumulty August 17

Direct-pay bonds Brian Tumulty August 17
Texas $7.2B notes outshine $4.5B bond slate

Texas will take center stage next week with its mammoth note sale.

Primary bond market Chip Barnett August 17

Primary bond market Chip Barnett August 17
EDA approves up to $80M in bonds for W.Va. state parks improvements

Facilities at West Virginia’s state parks and forests are set to receive a thorough shine-up through up to $80 million in bonds authorized Thursday by the state Economic Development Authority.

Infrastructure August 17

Infrastructure August 17
Chicago opens door to more firms on its underwriting and advisory pools

Chicago is accepting request for qualification submissions to supplement the members of its existing pools.

Sell side Yvette Shields August 17

Sell side Yvette Shields August 17

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Multimedia

Podcast What tax reform did to the muni market

Gregory Gizzi, senior vice president and portfolio manager at Macquarie Investment Management, looks at the effects of tax reform on municipal bond market this year. He also discusses what investors should look for in the second half of the year. Chip Barnett hosts.

Podcast Hot summer at City Hall

New York's City Council approves Hudson Yards financing and regulations on e-hail ride services. Paul Burton and Chip Barnett host.

Video Summer still sizzles

Municipal bond buyers will see the largest new issue calendar of the year come to market this week as almost $12 billion of debt goes up for grabs.

Commentary

The fundamental choice: competitive vs. negotiated

John Hallacy
Contributing editor

Studies of the pricing benefits of the two approaches have been far from conclusive.

Sell side August 16
Why muni debt managers reject OAS methodologies

Laurence H. Wadler
Founder and President
Precision Analytics, Inc.

The black box gang has always mistaken complexity for sophistication in the realm of financial modeling.

Munis July 26
Buying municipal bonds at new issue: Follow the smart money

Tom Lockard
Managing Director
280 CapMarkets

During the new issue pricing period is when institutions place their orders. Independent advisors and their clients are wise to follow the money.

Buy side July 24
Bond Buyer’s ‘Rising Stars’ program returns for third year

Michael Scarchilli
Editor in Chief
The Bond Buyer

The Bond Buyer is proud to kick off the third-annual Rising Stars program, showcasing the brightest young minds in the municipal bond industry. Click to learn how to nominate an emerging leader in muni finance.

Rising Stars July 17