Finance

The Fed is now estimating household ownership of munis at market value instead of book or face value and has restated historical ownership.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Fitch due to growing pension liabilities.

Chicago's CFO says investor outreach will stress fiscal controls that make it difficult for the city to backslide on its progress under Rahm Emanuel.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.

Municipal CUSIP requests rose 16.7% in February, signaling possible growth in bond supply.

Trump proposed $8.5 billion in cuts to the Department of Education and another $8.6 billion to the Department of Housing and Urban Development which would bring financial upheaval to school district budgets and public housing authorities.

Bob Spangler and Jim Tricolli say they are sticking with the winning strategy — and staff — established by Chris Hamel.

For the ninth week in a row, cash rushed into municipal bond funds. Analysts explain why.

Scott Mitnick, who was county administrator of Sutter County, California, will be a director at financial advisory firm KNN Public Finance.

Bond lawyers asked for a safe harbor for issuers to provide unaudited information without needing to be fearful of anti-fraud laws.

Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.

The man behind the allegations of widespread VRDO fraud is Bjorn Johan Rosenberg.

There are some caveats attached to this traditional axiom on time of the season.

Moody's boost at Aa1 means lower borrowing costs, additional savings and a more diverse market for the city's bonds, according to Melanie Hartzog.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

Municipal bond buyers grabbed general obligation bonds from California and New York City on Thursday.

Victor Quiroga Jr. previously was a vice president at Frost Bank.

The firm sought to coerce banks that underwrite high-yield state and local government debt deals from doing business with Preston Hollow Capital, the Dallas-based lender alleged in a lawsuit.

The municipal market had offerings for both retail and institutional investors, as new paper starting flowing into a supply-starved market.

The municipal market is prepping to see $5.84 billion of new bonds, including the biggest deal of the year.