A Center on Municipal Capital Markets brief indicated Texas' biggest cities would have exceeded a debt limit in a 2025 bill that stalled in the legislature.
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The MSRB is "fortunate to have a very engaged stakeholder community, and I look forward to continuing to strengthen those relationships," she said.
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"I want us to be forward-thinking about how we regulate, " said Chilton, whose term as board chair began Oct. 1.
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The SEC would have a hard time "proving even one, let alone all, of the requirements necessary for 'control person liability,'" one the JPAs said.
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Heavy August issuance created fewer oversubscriptions and more demand for concessions, a signal that issuers, advisors and underwriters need to pay closer attention to structure, timing and clearing levels, according to Market Intelligence analyst Jeff Lipton.
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Market Intelligence analyst Jeff Lipton argues data center expansion will likely create a reallocation of risk and the market should price the contractual framework of a utility and how that insulates bondholders.
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Funded ratios remain useful, but they can mask risky assumptions, illiquid investments and correlated exposures that may force higher government pension contributions during the next downturn, writes Market Intelligence analyst Jeff Lipton.
A 2023 lawsuit brought by an investment fund against the Brightline parent company may impact governance of the West Coast project.
"We are optimistic that rates may normalize by the time the bonds price next week," said Maliha Ahsan, spokesperson for the Office of the State Treasurer.
Workers and machines are poised to begin digging the new tube for a $16 billion rail tunnel project under New York's Hudson River.
The MSRB is "fortunate to have a very engaged stakeholder community, and I look forward to continuing to strengthen those relationships," she said.
"We believe strongly in these sectors, and they are poised for even more growth," Bo Daniels, Loop Capital's head of public finance, said in a statement.
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The advent of environmental sustainability projects in the past decade has introduced a new kind of uncertainty into municipal debt offerings.
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The eight members of The Bond Buyer's 2026 Hall of Fame class helped shape not only major financings and institutions, but some of the laws, analytical approaches, market practices and professional networks that underpin municipal finance today.
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The incoming Bond Buyer Hall of Famer combined legal training, investment banking and financial advisory experience to solve complex financings — and used that range to help develop the industry's next generation.
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The incoming Bond Buyer Hall of Famer spent nearly 50 years pairing legal expertise with advocacy, deal structuring and legislative problem-solving to help issuers navigate risks and expand their financing options.
Joe's introduction to municipal bonds came long before his career began. His parents, who owned a small business, regularly invested in municipal securities.
"I've always been driven more by people than subject matter," Kirsten says. "The people I met were passionate about what they do and that passion was contagious."
Roosevelt & Cross president and executive director of public finance Elaine Brennan receives the 2025 Freda Johnson Award for the private sector.
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The MSRB is "fortunate to have a very engaged stakeholder community, and I look forward to continuing to strengthen those relationships," she said.
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Owners and operators of rental housing are seeing a mix of opportunities and credit stress despite the Trump administration's emphasis on housing.
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The drought-prone Texas city's $300 million utility system bond issue comes to market after rainfall and ongoing projects boosted water supplies.
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Many investors go into the end of the year trying to catch up on tax-loss harvesting, but some analysts say market participants should be doing this year-round.
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The rally has been more of a technical driver. Absolute yields and ratios, at least on the muni side, are very attractive, with the asset class becoming "oversold," said Whitney Fitts, director of municipal portfolio management at Appleton Partners.
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- Primary Market ReportWeeklyRecap of articles on new issuance as well as Featured Deals on the week.
- Weekly Top 10WeeklyRecap of the 10 most read Bond Buyer articles of the past week.
Gilmore & Bell and Nixon Peabody were new entrants in the top 10, bumping Greenberg Traurig and Bracewell to the top 15.
- ON-DEMAND VIDEO
Jeffrey Cleveland, Managing Director and Chief Economist at Payden & Rygel, will discuss the FOMC meeting, the new SEP and Chair Warsh's press conference.
- ON-DEMAND VIDEO
Kevin Warsh set the table for change. Marvin Loh, managing director at State Street, discusses the FOMC meeting and Warsh's press conference.
- ON-DEMAND VIDEO
The FOMC meeting will be interesting as Kevin Warsh takes the chair. KBRA Chief Strategist Van Hesser will review the meeting, the presser and the new dot plot.



































































