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Trustee UMB bank claimed the bond counsel's negligence prevented bondholders from achieving adequate recovery in bankruptcy.

Public-purpose need has become an important marker for green bond deals as the market evolves.

Municipal bond volume will dip to a more average 2018 level next week.

RBC is adding to its team even as smaller underwriting spreads have driven some players to reduce staff.

The city of Norwalk successfully executed a $30 million municipal bond sale to pay for city, school and redevelopment capital projects.

The Birmingham-Jefferson County Convention Complex received a blended interest rate of 3.91% on the series of bonds it sold on Tuesday to fund the construction of the downtown stadium and renovation of Legacy Arena.

MSRB is seeking comments on a revised set of potential draft amendments to its rules on primary offering practices and related disclosures that it says would benefit the market for relatively limited costs to participants.

The Federal Open Market Committee needs to be cautious on monetary policy or the yield curve could invert, Federal Reserve Bank of St. Louis President James Bullard said.

Illinois' Baa3 rating remains one notch above junk, but the outlook is now stable, up from negative.

In the week ended July 19, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.97% from 3.96% the previous week. The BB40 Index is based on the price of 40 long-term bonds.