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Philadelphia, New Jersey and the 76ers could all spend billions of dollars. Opponents argue no one will be getting a good deal.
September 16 -
While supply falls next week as investors await their first Fed rate cut in four years, it should pick up after the FOMC, Barclays PLC said, adding the 30-day visible pipeline "is at relatively manageable levels at the moment." Bond Buyer 30-day visible supply is at $10.09 billion.
September 13 -
Current FHWA deputy administrator Kristin White will serve as acting administrator until a successor is named.
September 13 -
Household ownership of individual bonds was the largest category of muni ownership at 44.6%, mutual funds at 19.2%, exchange-traded funds at 3.1% and U.S. banks at 12.4%. While not detailed in the Federal Reserve data, SMAs may hold up to $1.6 trillion currently.
September 13 -
NAFOA is supporting passage of the Tribal Tax & Investment Reform Act, which would free up tribal bond issuance.
September 13 -
President Joe Biden's so-called billionaire tax supported by Vice President Kamala Harris, which would tax unrealized gains from assets including bonds, would raise $500 billion over 10 years, according to Sen. Elizabeth Warren, D-Mass.
September 13 -
The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.
September 13 -
The Indiana Budget Committee has approved $50 million in funding for bond financing that would bring water from an Indianapolis utility to the city of Lebanon.
September 13 -
California's state government typically pushes out billions of dollars of debt from August to November. This year there may be a shift in buy side sentiment.
September 13 -
Over a long, successful career, former New York City Director of Management and Budget Mark Page has shaped more than his share of public finance innovations.
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