NEW YORK - The Treasury Department said it will auction $7 billion 9-year 9-month inflation-protected notes on Monday, Oct. 5.
The notes are dated July 15, and are due July 15, 2019. About $8.136 of the original securities will be outstanding on the auction date.
Fitch Ratings on Monday echoed a prior move by Moody's Ratings to revise the state's outlook to negative.
Muni advocates are watching Congress move towards a second reconciliation bill that may not require any provisions that pay for funding DHS, and the possibility of a third, tax-focused bill.
Veteran public finance banker Shawn Dralle has joined Los Angeles County as assistant-treasurer tax collector.
With no rate change expected, analysts look at Fed chair nominee Kevin Warsh and how investors should position.
Three universities in the Northeast found a market for their bonds despite larger headwinds for the higher education sector in the region.
While the state is most concerned about stopping the fires, credit rating agencies are monitoring the situation.
