Muni Think

By reducing debt service expenses with advance refundings, issuers were able to free up borrowing capacity for new investments.

The BDA believes that in addition to removing the Rule’s restriction on competitively bid transactions, it should consider simply eliminating it altogether.

It is budget-balancing time across the land and, as is typical, New Jersey has unique challenges.

The gains are putting to rest speculation that tax reform would hurt high-tax, Democratic-leaning states.

Congress’ capacity and willingness to spend anything significant on infrastructure is severely hampered by the already-massive size of the federal debt.

More insight into board member selection and decisions would benefit the market and its primary regulator.

The notion of cooperation is central to P3s, bringing together two different kinds of operations — public agencies and private enterprises — in pursuit of a common goal.

After its sudden pivot on monetary policy, the Fed chair recently said the central bank's so-called dot plot has become a “source of confusion” for investors.

Just when we thought levels could not go lower, here we are just a few basis points off the March lows in yield.

Taxpayers, public employees and federal oversight agencies are among the constituencies that want to monitor a municipal bond issuer’s financial performance.