Organization Root Tag

The seasonal factors of a supply and demand mismatch, reinvestment needs and strong credit fundamentals, have opened a window of opportunity.

The finance director of Aurora, Colorado, takes over as the association's president amid an uncertain post-pandemic landscape.

Bryant spent much time working to empower finance departments trying to pull their respective states, cities and localities out of the pitfalls caused by the COVID-19 pandemic.

The Municipal Securities Rulemaking Board has filed a proposal to change its fee structure to account for prior year market results in a move that will help the board cover budget shortfalls.

The SEC charged the town, former mayor Vern Breland, municipal adviser Twin Spires Financial and its owner Aaron Fletcher with misleading investors in connection with bond offerings in 2017 and 2018.

Federal Reserve Bank of Cleveland President Loretta Mester said she favors raising interest rates this month and next but cautioned that pace could speed up or slow down from September.

Municipals posted gains for the first time in 2022 in May, outperforming U.S. Treasuries on the month. The Bloomberg Muni Index posted a 1.49% return in May bringing losses down to 7.47% year to date.

The GOP-controlled state legislature adjourned without passing a bill barring government contracts with firms, including banks that underwrite municipal bonds, if they “discriminate” against the firearm industry.

The Bankruptcy Judge extended the deadline for PREPA debt negotiations to July 1 and bondholders expressed frustrations, warning they may seek full repayment if a deal is not made.

Investors will be greeted Tuesday with a decrease in supply with the new-issue calendar estimated at $2.691 billion in $1.786 billion of negotiated deals and $904.9 million of competitive loans.

Chicago's decades-long casino chase has moved closer to reality with Mayor Lori Lightfoot banking on the fiscal jackpot to help fund the city's pensions.

The Securities and Exchange Commission has come forward with a proposal that would expand the Names Rule to include any language associated with ESG related metrics.

All parties except for the Unsecured Creditors Committee support the extension.

The boutique consultancy firm, which focuses largely on transportation infrastructure, is growing "modestly" amid an uptick in federal funding.

The rating agency said the action reflects significant progress the state has made restoring its financial reserves and liquidity in recent years.

A firm representing the Oversight Board also represented firms that acquired a loan portfolio from a board-controlled entity.

Municipals improved for the fifth session in a row with 10- and 30-year triple-A yields falling 30 basis points since Thursday. Connecticut priced $1 billion-plus of GOs and saw yields lowered in a repricing.

George's departure will come around the same time that Chicago Fed chief Charles Evans steps down. Both will have turned 65.

A pipeline of projects is building as infrastructure dollars begin to flow to states.

Chicago hasn't shied away from using its relationships with investment banks to pursuit of larger social goals, but it hasn't always gone the city's way.