Muni Think

With large language models parsing EMMA filings and investor relations sites, municipal issuers must modernize their disclosure so both humans and algorithms can accurately understand their credit story and avoid unintended red flags.

The creation of state-owned banks would be uniquely impactful to help states and municipalities meet today's unprecedented short- and long-term challenges.

Analyst and market strategist Jeff Lipton joins the team to deliver clarity and thoughtful guidance to a market witnessing evolving complexities — connecting policy moves, credit shifts and investment behavior to help our readers navigate what comes next.

Serving on MSRB's Board of Directors over the past four years has been a privilege and an honor.

Amid higher ed sector headwinds, financially challenged colleges and universities have options, although the choices may be difficult, Orrick attorneys write.

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.

The "Golden Age of Public Finance," as it was called by industry pundits, is likely to face significant changes under the Trump administration.

In the coming year, we'll find out if public pension disclosure and transparency have improved enough to protect municipal bond investors.

Just as the economy could become topsy turvy, so could the municipal market.