Muni Think

Broker-dealers are tasked with devising a systemic, robust way of determining prices for securities, yet guidance has been vague, especially with respect to illiquid bonds.

Municipal market participants can now access dynamic, interactive secondary-market data from directly within the Bond Buyer experience; partnership with Municipal Bond Information Services will provide exclusive real-time market data and analytics.

While surplus-linked instruments may give governments a more favorable pay-out structure, the question of control over government decision making is a significant concern.

For the first time, municipal market participants can access dynamic, interactive secondary-market data from directly within the Bond Buyer experience; partnership with Municipal Bond Information Services will provide exclusive real-time market data and analytics.

I write in response to the September 14 guest opinion article titled, “Don’t be selective about disclosure,” written by Lynnette Kelly. Though Ms. Kelly raises important issues in her article and we support her stance overall, her facts with respect to PREPA are inaccurately portrayed.

It is back to school season, which is a good occasion to examine the market of muni obligors offering bonds in the Education Sector, one of the top two sectors in terms of number of obligors offering bonds and also holdings of CUSIPs by institutional investor.

The MSRB encourages municipal bond issuers to make information available to all.

Any voluntary disclosure that is reasonably expected to reach investors is subject to the antifraud provisions of the federal securities laws.

The poor state of America’s infrastructure has been widely discussed and well-documented. To tackle this challenge, it is vital that Congress support and provide public funding.

Do market participants really need a new version of a survey-based benchmark or an entirely different process?