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The Investment Company Institute reported investors pulled $7.2 billion from municipal bond mutual funds, the largest figure since the outlier months of March 2020 when investors yanked $24 billion in two weeks.

The budget represents a turn-around as the county got a handle on pandemic-related expenses.

Alex Wiggins, CEO of the New Orleans Regional Transit Authority, said it will be looking at a combination of bond authority and public-private partnerships to help pay for transportation infrastructure projects.

The two active municipal bond insurers wrapped $8.176 billion in the first quarter of 2022, a 3.25% decrease from the $8.442 billion of deals done in the first three months of 2021.

Kaufman Hall & Associates, Municipal Capital Markets Group and Montague DeRose & Associates moved up into the top 10.

Steven Washington joined Chapman and Cutler this week as a partner.

Having completed its first flood management P3, the Army Corps is embarking on a pair of P3 financings to restore urban ecosystems.

Phoenix’s ratings were affirmed and its general obligation bond outlook was raised to stable from negative by Moody's.

The audit was brought on by the Internal Revenue Service in September 2021 in connection with Series 2013B bonds.

The significant cheapening of municipals in recent weeks continues to create headwinds for the overall tax-exempt market on a daily basis.