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The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.
December 14 -
The SEC said the court should oppose SIFMA's motion to include news articles in the proceedings, saying the group relied on only one rationale.
December 14 -
The Federal Open Market Committee meeting this week will not offer the chance of rate changes, but will bring a new dot plot, and economists are most interested in the GDP projections.
December 14 -
The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.
December 11 -
Munis firmed Friday, only the second time in December they weren't flat, and more than a few participants are waiting on yields to rise before getting involved, particularly given the rich muni/treasury ratios and low absolute yields.
December 11 -
The number of issuers using a temporary exemption jumped to 101 in October from 35 the previous month.
December 11 -
City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.
December 11 -
The GFOA Debt Committee is working on issuing a similar Libor advisory in advisory in January or February.
December 11 -
California overcame a legal challenge to use bond authority to provide housing for homeless people suffering from mental illness.
December 11 -
Pinned into a corner from the economic effects of COVID-19, the mass transit agency tapped its remaining amount available through the Municipal Liquidity Facility, which expires at year's end.
December 10 -
Wisconsin will use new pools for negotiated transactions starting next year
December 10 -
As co-director of the Enforcement Division, Stephanie Avakian oversaw charges the SEC made against municipal bond “flipping” schemes.
December 10 -
Hawaii's governor announced that state employees would be furloughed two days a month; the state sold $750 million of GO bonds in October to fund operations.
December 10 -
Bid list volume is trending higher into the end of the year, but its share as measured against overall high demand does not pose much of a threat, analysts say. Refinitiv Lipper reports $992 million of inflows.
December 10 -
The largest tranche of the deal, $706 million with a 5% coupon in 2047, yielded 4.15%, a 275 basis point spread over triple-A paper.
December 10 -
The Department of Justice filed a federal complaint alleging conditions at Alabama prisons violate the constitution, as the state continues to negotiate public-private partnerships to build three lockups.
December 10 -
The twin ports of Southern California, in Long Beach and Los Angeles, both reported record numbers this fall.
December 10 -
Bridge funding from a lame-duck Congress could help plug operating deficits and stave off doomsday measures, agency leaders insist.
December 10 - Non-profits
Conduit issuer Trust for Cultural Resources for the City of New York will issue the $77 million green transaction.
December 10 -
The state attorney general is asking the court to clarify the legal standard for denying taxpayer actions and decide if the state constitution limits GO borrowing to capital purposes.
December 9

























