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A deteriorating market could change the calculus, but with rates at record lows, the MLF might not be needed for most issuers.
August 10
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Stringer sent a letter to Mayor de Blasio on Monday calling on the city to fully fund the indirect cost rate (ICR) initiative.
August 10
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Moody's Investors Service says the appellate court decision could impede the state government's flexibility in dealing with coronavirus-driven budget woes.
August 10
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Minority and women-owned business enterprises will now comprise 33% of city GO bond and Transitional Finance Authority book-runners and 40% for New York Water.
August 10
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Municipals rallied Friday, with yields dropping by as much as one basis point on the long end.
August 7
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Despite "progress" in getting people back to work, economists say the coronavirus pandemic creates downside risks to recovery.
August 7
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The gap between the two sides includes state and local aid, with the administration offering to agree to $200 billion while the HEROES Act favored by Democrats would provide $915 billion.
August 7
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The California Supreme Court ruled July 25 in a pension spiking case with ramifications for the state's ironclad pension legal doctrine.
August 7
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Newly hired Long Island Power Authority CFO Tamela Monroe has arrived during a busy period for the public utility as it plans aggressive infrastructure goals while grappling with financial challenges posed by coronavirus.
August 7
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The coronavirus is adding to strains bearing down on the city that serves as home to Southern Illinois University's flagship campus.
August 7
