Fiddlers Canyon's complaint should be dismissed for several reasons, UMB said.
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Nearly a trillion dollars worth of state and local government assets are now being held in Local Government Investment Pools.
2h ago
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Legislation authorizing $1.5 billion of revenue bonds, along with fee and tax hikes, could return for a second try in 2026.
1h ago
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The deal offers a better recovery than earlier deals but no principal payment for 12 years.
1h ago
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"We do not expect any major weakness to take hold as the new issue calendar is beginning to dwindle with only two non-holiday or non-Federal Reserve weeks left in the year," said Birch Creek strategists.
November 24
Disruptions to air travel during the federal government shutdown has sharpened the focus on legislation that would divert funds from the Airport & Airway Trust Fund to pay salaries of air traffic controllers.
New cost estimates for the repair of tolled Key Bridge in Baltimore, which is already under scrutiny by the Trump administration, indicate the price could be as much as $5.2 billion, more than double the original number.
Moody's placed a negative outlook on the higher education earlier this year. 2026 looks even more uncertain, according to a new report from the rating agency.
Photos from The Bond Buyer's 2025 California Public Finance conference.
Tom Falcone of the Large Public Power Council unpacks the massive infrastructure push driven by AI and manufacturing, and the policy hurdles standing in the way.
Photos from The Bond Buyer's 2025 Infrastructure conference.
The steady demand for municipal bonds in high-risk areas underscores the complex relationship between climate change and financial markets.
Oppenheimer's Head of Public Finance Beth Coolidge and Columbus Auditor Megan Kilgore delve into the future of public finance and human infrastructure on a wide range of topics, from affordable housing and workforce development to public health, climate resiliency, and digital access.
As extreme weather events occur with more frequency across the country, Michael Gaughan, executive director of the Vermont Bond Bank, says municipal bond banks can help smaller communities deal with the effects of them. Gaughan speaks with The Bond Buyer's Lynne Funk on the effects of climate change and how the various levels of government can work together to address it.
After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
Concerns over the Texas city's future water supply after a desalination project was terminated, led to negative rating outlooks from Fitch and S&P.
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Oakland touts financial turnaround with a $335 million bond sale ahead, despite negative credit outlooks.
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Bonds have traded up since the company last week announced a tentative bondholder deal and project update and financing details.
November 24
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States face slowing revenue growth and increasing spending pressures, the National Association of State Budget Officers said in its Fiscal Survey of States.
November 24
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The new-issue calendar falls to an estimated $1.154 billion, with $939.1 million negotiated deals on tap and $214.8 million of competitives.
November 21
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Chicago went to market Wednesday with $454.37 million of STSC refunding bonds, amid heated budget talks. Goldman took down $75 million of the bonds.
November 21
