Texas

The entire municipal exempt yield curve is seeing consolidation with a 125 basis point spread between one and 30 years, and sub-1% yields are holding firm inside of 15 years.

The state of Illinois sold $2 billion of three-year notes to the Federal Reserve's Municipal Liquidity Facility at 3.42%.

For the seventh time in 2020, monthly sales tax revenues in November were below the same month in 2019.

“This is a preliminary determination, not a proposed adverse determination or a final determination,” the county said.

Local governments are facing calls for tax relief as the pandemic slows the economy and they implement property tax reform legislation.

After two failed efforts to bring light rail to one of Texas’ most congested cities, voters approved the Project Connect measure.

Mark Nitcholas will will focus on local and state governments, state agencies and school districts within Texas and the Southwest.

This is the Lone Star State's only bond election day in 2020 after the May date was canceled because of the COVID-19 pandemic.

The Central Texas Regional Mobility Authority will sell $333 million of bonds and notes.

"We have no need for cash-flow relief or restructuring," said the treasurer of Dallas Area Rapid Transit, which continues to expand its rail services.