-
Most tax-exempt tenders saw low participation, which is good news to the taxpayers. The poorer the participation in the tender, the less is the waste from these premature refundings prior to the call date.
February 8
Kalotay Advisors LLC -
"The debt afforablity study was just released. In this study we outlined how state debt is going to be falling by 60% over an eight year period," state Treasurer Dale Folwell said Tuesday.
February 8
-
Some participants on the Street estimate that SMAs hold as much as $1.5 trillion of munis while others peg it closer to $1 trillion to $1.3 trillion.
February 8
-
The SIFMA Swap Index fell to 3.24% Wednesday, down 50 basis points from 3.74% from the week prior, and 131 basis points from 4.55% it hit on Jan. 24 as swings continued in the VRDO market. Tax-exempt money market funds reversed course to see inflows of almost $4 billion.
February 7
-
Jackie Wells, a former FINRA enforcement director, is the second leader from the industry's self-regulating body to join the firm in recent months.
February 7
-
Colorado's sole public safety net healthcare provider faces rising uncompensated care costs, driven in part by treating thousands of uninsured migrants coming from the southern border.
February 7
-
The city of Aurora, Illinois, is issuing an upfront loan to developer Penn Entertainment using bonds backed by tax increment financing district revenue.
February 7
-
The deal may represent a measuring stick for triple-A benchmark yields amid market volatility.
February 7
-
State officials and lawmakers are pushing for new infrastructure spending
February 7
-
The volatility in USTs is giving municipals a difficult run to start February. The asset class lagged the selloff and outperformed the recent rally, which points to its resiliency — but those moves do not come without challenges.
February 6
