California Public Finance

Several macro trends have converged to drive growth in municipal bond issuance, said participants at The Bond Buyer's California Public Finance conference.

Leaders of the African-Americans in Public Finance and Latinos in Public Finance hope to mirror the success of the Asian affinity group, the largest such assemblage.

The biggest challenge to the public finance industry at large remains market volatility, according to respondents in The Bond Buyer's Live Market Survey. Forty-six percent named it their top concern, with a recession or economic downturn coming in second at 33%.

San Francisco City Administrator Carmen Chu highlighted challenges the city faces, and how city leaders plan to solve them.

Pessimism reigned during the state of the union panel at The Bond Buyer's California Public Finance conference in San Francisco.