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The junk-rated school district won an upgrade and saw its secondary bond market spreads narrow as it expects to pocket about $1.8 billion in new aid.
March 12 -
Although all of the proposals have some bipartisan support in Congress, the extent of that support remains unclear.
March 12 -
In two municipal bond transactions, Aegis Capital Corp. sold to its customers at prices that were 40% higher than the market rate.
March 12 -
As the governor faces an impeachment inquiry, just how New York State government will function on budget and other matters is an open question.
March 12 -
Inflows return, stimulus set, new deals on fire — the municipal market reaped all the benefits. Initial jobless claims dropped more than expected in the week, as reopening continued slowly, but the total remains higher than any week before the COVID crisis hit.
March 11 -
GOP lawmakers plan to scrap some of the Democratic governor's budget priorities, which include a $2.38 billion capital plan.
March 11 -
Bank holdings of municipal bonds increased by 9% in 2020 compared to 2019, according to a new Federal Reserve report.
March 11 -
S&P Global Ratings cut CPS Energy to AA-minus from AA, as it faces $1 billion in unbudgeted costs for buying expensive power through the state grid operator.
March 11 -
The Securities and Exchange Commission has increased its focus on climate change disclosure in the corporate market.
March 11 -
The governor spotlighted his five-year infrastructure spending plan during the speech held amid the threat of a recall.
March 11











