Nominations for the 10 regional and other categorical honors, all of whom will be finalists for the national Deal of the Year award, are due by Friday, October 11.

The muni market finances the "fabric of our nation, and now, because of Citi's exit, the cost of financing for state and local governments is going to go up," a sell-side source said.

After months of speculation, the firm confirmed it would "wind down" its municipal underwriting and market-making activities after a "broad-based review" of its muni business, according to a company memo.

The Federal Open Market Committee's Summary of Economic Projections probably won't offer the 130 basis points of cuts next year that the market expects.

The whistleblower who brought the case, Minnesota-based municipal advisor Johan Rosenberg, will receive $14.4 million under the deal.

The relief means little for traditional municipal issuers but will have an effect on some conduit borrowers and issuers "adjacent" to the municipal market.

States use tax proceeds in a way that appeals to voters because recreational marijuana is often legalized through a referendum process.

Mitigation efforts can't always prevent a ratings drop.

Funds invested into risky private equity and real estate could flow into bonds

Photos from The Bond Buyer's 2023 Infrastructure conference.