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V2 Municipal Capital will source deals exclusively for Fundamental Advisors.

Municipal bond insurance grew 24.4% in the first half, compared to the same period last year.

The top 5 competitive underwriters remained in the same ranking positions as 1H 2023, while there was some shuffling with the remaining in the Top 10.

Challenges to laws banning investment banks from underwriting municipal bonds and the targeting of other financial firms for divestment purposes may result from a recent Oklahoma ruling.

The largest is an up to $2 billion issue to replace the I-10 Calcasieu River Bridge.

"While supply has been outsized over the last several weeks, the market has also seen outsized reinvestment demand over the last several months," said Nuveen strategists.

Kaufman Hall & Associates, Caine Mitter & Associates, KNN Public Finance entered the Top 10, while CSG Advisors, Estrada Hinojosa and Columbia Capital Management were bumped.

Revenue from the sales tax could be used to issue long-term debt to reduce the extensive backlog of city projects.

Vance has called for eliminating the SALT deduction, calling it "massively redistributive toward the lower- and middle-income brackets."

Philadelphia-based Janney Montgomery Scott has been fined by the Financial Industry Regulatory Authority for reporting inaccurate times of trade on 391 municipal securities transactions.