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On Tuesday, the Federal Reserve reduced interest rates in its Municipal Liquidity Facility by 50 basis points in each credit rating category.
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They cited recent waves of COVID-19 in rural and farmland areas and the success of mass transit overseas at containing the spread.
August 12 -
The Federal Reserve reduced the interest rate spread on MLF tax-exempt notes by 50 basis points for each credit rating category.
August 11 -
The governor wants to refinance all of the territory's $1.1 billion matching fund bonds by the end of September.
August 11 -
Federal assistance in the next relief package is crucial for the largest statewide public transportation system’s financial health in 2021, the senator said.
August 11 -
Municipal bonds were steady to weaker as billions of dollars in new deals hit the screens Tuesday.
August 11 -
California's second-largest district says it will apply stricter standards than the state's when in-person learning does resume.
August 11 -
The $141 million deal from Equitable School Revolving Fund and being run by RBC Capital Markets consists of national charter school revolving loan fund revenue bonds.
August 11 -
Producer prices final demand exceeded expectations by two-times over, while small business optimism shrunk.
August 11 -
Water utilities feel they have been left out of federal relief funding, making future financing in a WRDA bill important.
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