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The president of St. Augustine University in North Carolina called the loan a "necessary evil" as it fights to remain solvent and accredited.

Most on the Street expect issuance to come in around $500 billion, but a few think volume will be much higher, primarily because of potential changes to the tax exemption. Most firms expect refunding volumes to also grow in 2025.

Brad Briner said the state may need to issue short-term debt in the near future to pay for Hurricane Helene expenses.

Pressing issues include market reactions to a second Trump administration, increased oversight from the Securities and Exchange Commission and more.

Municipal investors are more focused on the final new-issues coming down the pike and repositioning books as 2024 heads to a close. ICI reported another week of inflows into municipal bond mutual funds.

Operator ports, which rely on shipping volume for revenue, are more exposed to trade policy shifts than landlord ports, analysts said.

The lowest-rated municipalities in the state are benefitting the most from current economic tailwinds, Moody's reports.

Washington D.C. is lobbying Congress for an extra $47 million in expenses for the upcoming inauguration of President Trump while also raising concerns about the effects of debt ceiling squabbles on the city's credit rating.

Wednesday marks the 10-year anniversary of Detroit's exit from bankruptcy. Its Chapter 9 declaration in 2013 was the largest municipal bankruptcy in the U.S.

The top five bond financings came in above $5 billion.