Far West

The governor spotlighted his five-year infrastructure spending plan during the speech held amid the threat of a recall.

The Investment Company Institute reported outflows from municipal bond mutual funds but inflows into exchange-traded funds. The February consumer price index came in as expected, while the core was below expectations, and analysts expect bigger rises ahead.

They assumed their jobs over the past year in the face of a pandemic, civil unrest and financial uncertainties, and in an industry often set in its ways.

Fitch Ratings downgraded Anaheim's bonds on Friday, as the governor announced amusement parks and stadiums could open April 1.

The legislation penalizes school districts who don't resume in-person instruction for some younger students and those most disadvantaged by online learning.

With the reset in yields in the rear view, valuations — especially relative to Treasury — will likely support continued robust demand.

Far West municipal issuers sold $99.1 billion of debt last year, a 16% increase from 2019.

Lawmakers received word of the improved forecast just before the release in early March of the first-draft proposal for the state’s two-year budget.

BATA brings a refunding deal to market next week, buoyed by a financial position that stood up to the stresses of the COVID-19 pandemic.

California treasurer Fiona Ma named Nancee Robles to head the California Tax Credit Allocation Committee and California Debt Limit Allocation Committee.