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Orrick Herrington took the top spot with nearly 50% of the market.

Goldman Sachs took the top spot in underwriting public power debt, coming in at nearly $6 billion in 2023.

The California Community Choice Financing Authority was the leader in the public power sector, issuing nearly $5 billion or 28% market share in 2023. It was also one of the top 10 overall issuers of 2023.

Fulcrum BioEnergy, which raised more than $1 billion to turn household waste into lower-emitting fuels for planes and trucks, is in danger of going under.

SMA growth has been "pretty staggering to see," said Matthew Schrager, managing director and co-head of TD Securities Automated Trading, noting the "interplay between SMA and electronic trading is a very symbiotic relationship."

The owner of an Iowa nitrogen fertilizer plant with more than $800 million of munis outstanding is trying to sell the plant to one of its largest competitors.

A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.

Munis sold off last week "as the anticipated market correction may have finally started ahead of the summer reinvestment period," said Jason Wong, vice president of municipals at AmeriVet Securities.

California senators approved a tax measure to raise $1.5 billion after the bill's author promised further tweaks to occur on the Assembly side.

A pair of muni market experts propose cities and towns borrow through state-based, credit-enhanced bond banks to make the market more efficient.