Community Standouts
New Issuance
Sign outside offic eof Financial Industry Regulatory Authority

Conners & Co. consented to FINRA's findings without admitting or denying them.

Sign outside offic eof Financial Industry Regulatory Authority

Conners & Co. consented to FINRA's findings without admitting or denying them.

Anatomy of a Deal
John Hallacy, Bond Buyer contributing editor
MuniThink

After a quarter marked by increased interest in taxable issuance, strengthened state support for local credits, and rising demand from investors seeking shelter from volatility, the municipal market is adapting to its new tax law realities.

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.

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