| 12/15/2015 | 12/8/2015 | ||||
|---|---|---|---|---|---|
| State | # Iss | Amount ($000) | # Iss | Amount ($000) | Chg in Amt ($000s) |
| Illinois | 6 | $66,765 | 10 | $484,460 | -$417,695 |
| Indiana | 4 | 21,735 | 12 | 435,785 | -414,050 |
| Iowa | 2 | 8,380 | 4 | 22,125 | -13,745 |
| Michigan | 2 | 92,785 | 3 | 49,585 | 43,200 |
| Minnesota | 14 | 338,735 | 25 | 372,380 | -33,645 |
| Missouri | 3 | 62,980 | 7 | 177,580 | -114,600 |
| Nebraska | 0 | 0 | 3 | 33,930 | -33,930 |
| North Dakota | 1 | 9,025 | 2 | 11,445 | -2,420 |
| Ohio | 5 | 176,425 | 13 | 450,895 | -274,470 |
| South Dakota | 0 | 0 | 1 | 22,705 | -22,705 |
| Wisconsin | 9 | 365,785 | 9 | 41,795 | 323,990 |
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Fear of inflation is hitting all markets, MMA Director Kevin McGuigan said, but high supply and low reinvestment cash mean it's hitting munis harder.
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Rodriguez previously worked at Janney Montgomery Scott, where she was a managing director and head of Texas public finance.
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Provisions in the One Big Beautiful Bill Act designed to jump start affordable housing development are starting to trickle out into the market in the form of tax-exempt and taxable bond combos.
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Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.
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Fitch Ratings revised Illinois' outlook to positive, pointing to the state's recent trend toward "normalized operating performance" and diverse economy.
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The incoming Bond Buyer Hall of Famer built public finance businesses at U.S. Bank and Academy Securities by combining experienced teams, issuer trust and a clear reason for clients to choose a new franchise.
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