The Latest

The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.

Munis firmed Friday, only the second time in December they weren't flat, and more than a few participants are waiting on yields to rise before getting involved, particularly given the rich muni/treasury ratios and low absolute yields.

Nelson, a 30-year veteran of the financial services industry, joins Hilltop's Encino, California, office.

The number of issuers using a temporary exemption jumped to 101 in October from 35 the previous month.

Clark County, Nevada's reserve draw, brought about by low hotel tax revenues, has no rating impact on the limited tax general obligation bonds, Moody's said.

City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.

The GFOA Debt Committee is working on issuing a similar Libor advisory in advisory in January or February.

Increases in producer and consumer prices on an annual basis, with a 0.3-point gain compared to last year may be a signal inflation will emerge and might force the Federal Reserve to act, economists said.

California overcame a legal challenge to use bond authority to provide housing for homeless people suffering from mental illness.

The deal helped pave the way for the reopening of the capital markets for not-for-profit health systems amid the then-insurgent COVID-19 pandemic.