The Dec. 19 issue of The Bond Buyer contained wrong information on a $210 million bond issue to finance student loans in Louisiana that was approved by the Louisiana Bond Commission. The proceeds will be provided to the Louisiana Education Loan Authority, which is a subsidiary of the Louisiana Public Facilities Authority. The president and chief executive officer of the LPFA is James W. Parks 2d, who was misidentified in the story.
Technicals are supposed to become slightly more favorable into year-end, said Jeremy Holtz, a portfolio manager at Income Research + Management.
The city said it will take a wide range of measures to try to get through November and December without running out of money.
The one-notch upgrade to AA-minus for Oklahoma's flagship university was assigned to an upcoming approximately $160.7 million bond refunding.
Chicago Public Schools went to market this week with nearly $1.1 billion of refunding bonds in the largest municipal transaction the district ever completed.
Interest rate volatility and the Trump administration have municipal market professionals worried that funding goals won't be met.
Overall, the top underwriters saw minor shuffling in the first three quarters and no new firms entered the top 10.
