Gabriel Rivera

Ramirez & Co. and Cabrera Capital Markets, LLC — two Hispanic MWBE firms — are joint bookrunners for the deal, part of Dallas County's sustained push to "maximize professional diversity on the issuance," officials said.

The number of customer transactions completed through ATSs jumped from 161,436 in 2015 to upward of 500,000 in 2021. In the first half of this year alone, over 442,000 transactions were executed on an ATS.

The large primary was led by two $700-plus million of revenue bonds from the Port of Seattle and the Georgia Ports Authority.

Summer redemption season starts winding down; Net negative supply stands at $18.777 while 30-day visible is at $12-plus billion.

The "no SALT no deal" Democrats appear ready to support the compromise reconciliation package negotiated in the Senate.

Alice Cheng, a 2018 Bond Buyer Rising Star, brings over 10 years of experience in the industry, covering muni credits across asset classes. Erin Ortiz is moving into Janney's Higher Education & Not-for-Profit Advisory Group.

MMA revised down its credit outlook for several sectors noting that looming credit trouble in the second half of the year may underpin a bleak credit and operating situation for certain issuers.

Investors sit on the sidelines, waiting to see how much the Fed will hike rates. The consensus appears to be another 75 basis point rate hike, though a full point hike could be on the table.

Higher borrowing costs result in annual interest payments for average tribal issuers ranging from $79,000 to $310,000 greater than nontribal counterparts, according to a new paper.

Looking forward, a myriad of factors, including spiking fuel prices, fallout from the Russian invasion of Ukraine and the heat wave, “will facilitate recessionary(ish) economic outcomes by year end," noted an MMA report.