Allowing tax-exempt bonds to remain outstanding during a long-term concession would lower financing costs, advocates say.

Market Intelligence analyst Jeff Lipton analyzes how varied state funding priorities and overall charter school support, shifting enrollment patterns, policy uncertainty, charter renewal risk,  and varied pension practices affect charter school bond security—and outlines what issuers, advisors and investors should be communicating to the market.

Market Intelligence analyst Jeff Lipton uses the Federal Reserve's latest Flow of Funds data to show how households still dominate municipal bond ownership even as ETFs surge and banks and insurance companies trim exposure, reshaping muni demand heading into 2026.

Gilmore & Bell and Nixon Peabody were new entrants in the top 10, bumping Greenberg Traurig and Bracewell to the top 15.

Rapidly rising property values have led many Republican legislators to back measures that would substantially reduce local government property taxes.

S&P Global Ratings cited the state's structurally balanced budgets and progress on improving the finances of its pension system.

Chicago postponed the sale of about $292 million of tax-exempt bonds from an $800 million general obligation bond deal.

With large language models parsing EMMA filings and investor relations sites, municipal issuers must modernize their disclosure so both humans and algorithms can accurately understand their credit story and avoid unintended red flags.

While fixed-spread tenders may be a novelty for tax-exempt bonds, they have been around for over 40 years for corporate bonds.