Organization Root Tag

The primary market remained mostly on the sidelines with issuers slow to jump back into coronavirus-driven volatility while also awaiting Fed engagement.

Municipal bond issuance was $67.88 billion after the first two months of 2020 and was on pace to easily eclipse the $400 billion mark — then COVID-19 completely turned the market upside down.

The judge said that certain attorney-client privilege confidential information must be removed from complaint.

The CARES Act gives the Federal Reserve and Treasury up to 10 days to begin purchasing municipal securities in the secondary market.

So far there have been over 200 COVID-19-related disclosures, according to Diver by Lumesis, a financial technology company.

The plunge of the financial markets amid COVID-19 stands to push up pension costs — and budget strain — for the city.

Tom Prendergast and Denise Berger were hired by the engineering firm to spearhead major infrastructure needs facing the New York City region.

Nicole Gelinas from the Manhattan Institute discusses the economic blows to New York City and the MTA from the pandemic, and options available. Paul Burton hosts the program, recorded one week ago.

The Federal Reserve has opened a temporary repurchase agreement facility for foreign central banks to support the smooth functioning of financial markets.

A more measured tone settled in on Monday as new deals begin to price in a coronavirus-weary marketplace. Municipal credit is beginning to come into focus.

Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.

NABL suggested that the federal government be allowed to purchase new issues of tax-exempt bonds.

While experts predict rates will not stay at zero lower bound as long as after the financial crisis, they don’t see a hike for years.

The group is charged with advising MSRB board members on ways to improve EMMA.

The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.

He is maintaining his full schedule and working at home, authority officials said.

The Oversight Board has asked for delays concerning non-central government bonds.

The municipal bond market is poised to begin digesting larger primary issuance in the coming week after a massive rally in recent days.

The state treasurer’s office began purchasing eligible VRDOs from participating Ohio health care systems and other critically important institutions.

Speaker Nancy Pelosi, D-Calif., said the next package will make up for shortcomings that haven’t been addressed such as the insufficient aid to state and local governments.