Tax-free money market fund assets fell $2.19 billion during the week
The average yield offered by tax-free funds held steady during the most
Taxable funds meanwhile suffered a $14 billion net outflow during the
The average taxable fund yield rose two basis points during the most
The funds have net assets of around $187 million.
Issuance for the week of July 28 is estimated at $11.035 billion, with $9.018 billion of negotiated deals and $2.017 billion of competitive deals on tap, according to LSEG.
There have been critics of SRO authority since they started regulating the financial industry nearly a century ago, but their ideas have yet to find a political moment so suited to them.
Kostas Poulakidas has joined Greenberg Traurig's Chicago office. He builds the firm's public finance and infrastructure and government law and policy practices.
Damage claims from the Eaton wildfire could wipe out the $21 billion fund created to protect utilities and their customers when an investor-owned utility's equipment is deemed responsible.
Investors are watching an Aug. 13 refinancing on $985 million of bonds for proposed commuter line projects with southern Florida counties.
