Finance

Scarcity mixed with strong demand and Fed announcements on rates and inflation helped munis outperform most fixed-income assets so far this year.

Veteran banker Michael Placencia will lead the firm's transportation and infrastructure efforts.

Municipal bonds were stronger in late trading as West Virginia and the Regents of the University of California came to market.

The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.

Muni market groups got a long-awaited win when the House passed banking legislation classifying certain munis as high-quality liquid assets, even if it wasn't as big a win as hoped.

Water, wastewater, and securitization deals, and possibly an O'Hare airport sale, are still to come from Chicago this year.

Municipal bonds were stronger at mid-session as several big deals hit the market.

West Virginia increased the amount of its competitive sales planned for Wednesday by almost 30% to save money.

Seattle is among governments that have lifted sanctions against Wells Fargo following a 2016 fraud scandal.

The municipal bond market is seeing a second wave of new issue supply hit the screens on Tuesday, led by deals from California and West Virginia issuers.

Municipal bond buyers are getting what they need this week — more supply.

Rising short-term rates and a lower corporate tax rate have already pushed some municipal issuers out of bank loans and back into the traditional muni space, analysts said.

Bell, a public finance investment banker, founded the Charles A. Bell Securities Corp.

Action in the municipal bond market got underway on Monday as two big deals hit the screens in early activity.

Municipal volume will sink to $6.36 billion, with the California issuer responsible for a third of the week’s paper.

S&P Global Ratings said the Bluegrass state has become more vulnerable to fiscal stress.

S&P placed MSU on CreditWatch with negative implications, citing a lack of clarity on how the settlement will be paid for.

Municipal bond volume slips back down to a more average level next week, after the market saw the biggest slate of the year hit the screens this week.

As Infrastructure Week ends, it’s sad to note that in the one area where all agree something must be done, there has been no progress.

A city job training proposal will no longer use bond proceeds due to concerns about legality.