Community Standouts
New Issuance

Kyle Allen is an associate professor, Boise State University.

Kyle Allen is an associate professor, Boise State University.

Anatomy of a Deal
Les Richmond
MuniThink

The ultimate impact of the bear market on pension risks is likely to vary widely among issuers, making granular analysis more important and valuable.

Andrew Kalotay says taxpayers would have come out half a billion ahead had the issuer waited out the call date instead of refunding their exempt bonds with taxable paper for 14 transactions between 2018 and 2020.
MuniThink

Issuers routinely refund 5% bonds in year 10, and the resulting savings can be significant. It is notable that although refunding is typically associated with declining interest rates, 5% bonds are refunded even if rates rise.

Sign up for Newsletters
Get the must-read stories and valuable insights delivered directly to your inbox.
  • Daily Briefing
    Delivered Every Weekday
    Ideas that impact your business delivered to your inbox every day.
  • Intraday News Update
    Delivered Every Weekday
    Get notified on breaking news and events.
  • Primary Market Report
    Weekly
    Recap of articles on new issuance as well as Featured Deals on the week.