Organization Root Tag

The municipal bond market is expected to remain quiet on Friday, ahead of next week’s new issue slate.

Bank of New York Mellon Trust Company erroneously redeemed Philly school bonds

The plan features tax increases and $1.3 billion of new borrowing.

San Juan’s government claims the GDB's restructuring gives bondholders a "windfall" using resources that belong to Puerto Rico's municipalities.

MSRB warns issuer selection of underwriters counsel may lead to conflicts of interest.

Detroit will sell 36 city-owned parcels of land for the Gordie Howe bridge project.

NABL paper tells lawyers everything they wanted to know about bank loans, private placements.

One troubling practice has persisted from an era when pay-to-play was rampant and kickbacks were just the cost of doing business

Gov. Bruce Rauner has called the bill a “bailout” for Chicago Public Schools and plans to use his amendatory veto powers to cut funding in half.

IRS agents are increasingly closing audits with no action if bonds are converted to taxable.

New York City’s $87.96 billion budget for fiscal 2018 shows “a responsible increase” of 2.8% from the adjusted 2017 budget, according to an analysis done by New York City Comptroller Scott Stringer.

The Municipalities Continuing Disclosure Cooperation Initiative may have muddied some waters.

Top quality municipal bonds finished mixed on Wednesday, as the Federal Reserve voted to keep interest rates unchanged.

Illinois made $740 million in Medicaid-related payments this week.

Veteran Chicago-based banker Elizabeth Coolidge is headed to UBS from PNC.

The sales tax breaks on car trade-ins comes at too great a price for the state.

The Federal Open Market Committee did not increase the fed funds rate target, the Fed announced following the panel’s two-day meeting, but it said it expects to begin balance sheet normalization “relatively soon.”

To celebrate, NYC Ferry is offering half price draft beverages on all ships equipped with concessions.

The Manhattan Institute's study comes amid a New York transit crisis and related political bickering

The agency maintains its AA-minus rating on the commonwealth while awaiting a revenue package.