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Illinois published its fiscal 2019 financial results Thursday as strains from the coronavirus pandemic loom large over fiscal 2020 and 2021.
April 30 -
A range of technical issues — from month-end accounting and financing to spread widening, price volatility and the coronavirus impact on businesses and the economy — spurred a tone of relative quiet in Thursday's trade.
April 30 -
S&P revised its outlook on Detroit's speculative grade rating to negative from stable Thursday as COVID-19 clouds the city's fiscal prospects.
April 30 -
April finished with $23.7 billion of issuance, a 15% decline from the $27.9 billion in April 2019. Volatility from the pandemic has caused erratic swings in benchmark yields, resulting in the lowest muni volume total in the month since 2011.
April 30 -
Thursday’s jobless claims at 3.839 million, weaker income and spending data show COVID-19 continues to dampen economic activity.
April 30 -
California's response to COVID-19 became a factor in Verity Health System's Chapter 11 proceedings.
April 30 -
Broker-dealers oppose a proposed change to MSRB's governance rule that would reserve two seats for municipal advisors.
April 30 -
Public finance has changed a lot since the Great Depression, so a repeat of that era’s default experience is not preordained even if this contraction matches the worst predictions.
April 30
Cato Institute -
S&P Global Ratings follows Moody's Investors Service in revising state’s credit outlook downward on revenue losses from COVID-19 pandemic.
April 30 -
The mass transit authority cannot tap the Municipal Liquidity Facility directly, chief financial officer Robert Foran said.
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