Organization Root Tag

Illinois trimmed yield penalties in its latest sales tax-backed sale with spreads of 40 and 45 basis points on its 10-year compared to 89 bp three years ago.

Friendly market provisions, including a direct-pay bond program and restoration of advance refundings, will head to full House after approval by Ways and Means Committee.

Chicago Mayor Lori Lightfoot chose San Antonio schools superintendent and former CPS CFO Pedro Martinez to lead the district ahead of a major governance shift.

Judge Swain rejected the governor's request to stay the board's suit until November.

SEC Chairman Gary Gensler signaled he wants to bring greater efficiency and transparency to municipal bond market

With more than 9 million votes counted as of Wednesday morning, 63.9% voted "no" on the effort to recall Gavin Newsom and remove him from the governor's office.

Large new issues from California, New York utilities and airport deals were repriced to lower yields and remained the focus for the municipal market, again ignoring a swing by U.S. Treasuries.

The proposed changes would reduce the volume of disclosures dealers have to make to customers each year.

With the 20th anniversary of the 9/11 attacks still fresh in our minds, Michael Barasch, managing partner at Barasch & McGarry, says less than 8% of the civilians who were in Lower Manhattan that day and the months after have registered for free federal programs offering health care protections and benefits. Municipal bond industry workers who worked or lived downtown in the several months that followed 9/11 can benefit from these programs too. Chip Barnett hosts. (15 minutes)

Market participants welcomed the municipal-related provisions in the reconciliation bill but are hesitant to start making bets on its passage.

In both states, jobs have recovered past where they were prior to last March when the pandemic hit the U.S.

Cheered by the inclusion of key muni market priorities in tax legislation unveiled over the weekend, muni market advocates must now battle to keep them there.

A larger new-issue calendar greets investors with a lot of cash on hand and strategists expect municipal yields to rise as the calendar builds.

If residents become eligible for the government money, it would increase income and spending, providing a lift to the commonwealth's economy.

$2.75 billion is available to build permanent housing for unhoused people, California Gov. Gavin Newsom said at a press conference.

The 20th anniversary of the terrorist attacks comes as New York City is trying to emerge from a newer crisis, the COVID-19 pandemic.

The presidents of the Federal Reserve banks of Boston and Dallas said Thursday they would sell their individual stock holdings by Sept. 30 and invest the proceeds in diversified index funds or hold them in cash.

The state prices $2.1 billion for institutions on Tuesday, also the date of the statewide vote on whether to recall Gov. Gavin Newsom.

Fitch analysts discussed the relationship between the soveriegn rating and state and local credits.

The 16-year public finance veteran has concentrated much of his career on aviation-related financings.