In the week ended July 19, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.97% from 3.96% the previous week. The BB40 Index is based on the price of 40 long-term bonds.
Sterling National Bank has a new municipal group focused on an array of non-public financing services during a time when loans to bond issuers are on the decline.
A motion for summary judgment by Indian River and Martin counties contends that the privately owned project isn’t eligible to use the private activity bonds.
Tuesday’s House hearing will be chaired by Rep. Bob Goodlatte, R-Va., who was a steadfast supporter of the previous standard under which a remote seller had to have a physical presence in a state in order to be required to collect sales taxes.
