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The top two municipal bond insurers wrapped $7.132 billion in the first quarter of 2024, up from the $5.735 billion of deals in the first quarter of 2023, according to LSEG data.

BABs can offer value for investors who can stomach the call risk, said municipal strategists.

"The financial and engineering industries need to align to get the owners to do what it is they need to do to make sure it's a durable asset," said Maria Lehman, immediate past president of ASCE.

Municipal Market Analytics reports the most technical defaults in 2023 since it started tracking them, including 24 in the not-for-profit hospital sector.

Municipal bond mutual funds saw the seventh consecutive week of inflows and the 14th week of inflows for high-yield funds.

The Municipal Securities Rulemaking Board's April 17-18 meeting will center on the many rule amendments the regulator has on.

"We withdrew the rating because we have determined we do not have sufficient information to maintain a forward-looking credit opinion on the city," S&P said.

A new report by the MSRB showed that from 2018 to 2022, a substantial increase in trading activity and the number of pre-trade quotes has been responsible for better pricing.

Celebrating Ohio's "highest possible credit rating," Gov. Mike DeWine delivered his State of the State address to the General Assembly in Columbus.

The new hire comes on the heels of the firm's growth in bond insurance in the first quarter of 2024.