WASHINGTON -
To be sold on Tuesday are $16 billion 91's, dated Feb. 21 and due May
Munis were quiet on Friday after an eventful April.
Brightline Florida's financial statements for 2024 and 2025 by Ernst & Young LLP, filed Thursday on the Electronic Municipal Market Access website, warn that the company lacks the cash to cover pending debt payments
Moody's Ratings revised Missouri's outlook to negative from stable, citing a large structural deficit that will push fund balances below its Aaa-rated peers.
The bonds are rated A1 by Moody's Ratings, A-plus by S&P Global Ratings and AA by KBRA.
By harmonizing its gift rule with FINRA's amended gift rule, the MSRB "aims for consistency in the application of MSRB and FINRA rules among dealers that are FINRA members," the MSRB's Ernesto Lanza said.
Municipal bond issuance was $47.6 billion in 797 deals for the month, down 7.8% year-over-year but still the third-biggest April in history.
