-
Ten other pension obligation bonds are under review by Fitch Ratings as a result of the agency's new local government criteria.
June 14
-
House Transportation and Infrastructure Committee lawmakers urged new bills and new ways for transit authorities to deal with the post-COVID dynamics.
June 14
-
Louis English joined Janney Montgomery Scott as managing director and head of municipal sales in the fixed-income division, based out of the Chicago office.
June 14
-
A new Professional Sports Development Area just passed by the City-County Council will be going before the Metropolitan Development Commission on June 26.
June 14
-
The one-notch upgrade from Fitch Ratings comes as the county plans to to sell up to $900 million in two lease revenue bond deals this summer.
June 14
-
Observers and participants said the ruling sends a message that the municipal revenue bond pledge is strong and the Oversight Board's plan of adjustment for PREPA as it currently is proposed is unlikely to be able to stand.
June 13
-
"Even after this week's rally, absolute yields look attractive in the context of the trading range over the past three years, May's underperformance versus taxable fixed-income, and our longer-term projections for lower rates this year," J.P. Morgan strategists said.
June 13
-
The spending plan for the fiscal year that begins July 1 contains no tax increases or new fees and puts off finding a recurring solution for a structural budget gap.
June 13
-
Interest on out of state municipal bonds will now be taxable.
June 13
-
"It would be irresponsible for us to ignore factors that can fundamentally impact the long-term viability of investments," said CalPERS interim Chief Investment Officer Dan Bienvenue of climate risks.
June 13
