A story Friday stated that Nassau County, N.Y., had sent an letter to the Securities and Exchange Commission seeking approval for its proposed selling of revenue anticipation notes to buy auction-rate securities. Nassau's bond counsel participated in the letter but it was sent by another law firm seeking approval on similar proposals, and the county was waiting for the SEC's response.
The new-issue calendar is led by Washington with $1.3 billion of GOs selling by competitive bid in three series.
A trio of current and former Alaska lawmakers presented views differing from the governor's on how to solve the state's budget red ink.
Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.
The rating agency cited weak operating results and high leverage.
Piper Sandler will price $100 million of electric revenue bonds for Iowa public utility Muscatine Power and Water on Wednesday.
Longer-term bonds could ease financial pressure for Sound Transit's $54 billion long-range plans.
