Organization Root Tag

The Bond Buyer's Paul Burton and Chip Barnett explore variables and pressure points in advance of the city's FY21 preliminary budget release.

It has been a couple of years since the market has seen an active January to start the year.

The announcement Monday involved last March’s ruling by the First Circuit Court of Appeals on the Puerto Rico Highways and Transportation Authority’s special revenue bonds.

Gov. Gavin Newsom sent the specialists to aid the commonwealth in rebuilding.

The state expects to set senior and co-manager pools with up to 15 firms each for an initial four-year term.

Two Federal Reserve Bank presidents were positive about the economy in 2020, but offered a look at what worries them.

Gov. Andrew Cuomo’s warnings that cities could absorb more Medicaid costs have triggered uncertainty about the city's budget.

The Windy City is looking to add even more savings to a $1.3 billion debt refinancing with a tender invitation for some of its older, higher-yielding bonds. “The tender is just gravy,” City CFO Jennie Huang Bennett said last week.

Gavin Newsom's proposed budget would support a $4.7 billion climate bond, create the state's own generic drug plan and add undocumented seniors to Medi-Cal.

The bondholders appeal to the U.S. First Circuit Court in Boston.

Demand for municipal bonds is much stronger in 2020 than it was to end 2019, illustrated by record inflows into the asset class in the latest reporting week.

Jail bonds are being targeted for audits by the IRS this year with respect to whether federal government use of locally built facilities or management contracts with localities causes excessive private business use.

The Municipal Securities Rulemaking Board's assets dropped by $8.5 million.

An SEC advisory committee recommended allowing investment advisers affiliated with broker-dealers to offer and sell negotiated new issue muni bonds during the order period that the dealer also participates in.

The last-ditch attempt to settle Preston Hollow Capital's lawsuit against Nuveen failed this week.

Nonfarm payrolls gained a less-than-expected 145,000 in December, and the unemployment rate held at 3.5%. Slow wage growth suggests the economy will not overheat and the Fed can maintain rates.

Moody's says handling electrical demand will be a challenge for the island.

The muni market saw the last issuance of the week come and go; the front end of the curve were stronger than the long-end.

Martin Arrick, a managing director at S&P Ratings and its longtime not-for-profit healthcare group leader, will retire on Jan. 15.

While Fed officials repeated their contention that monetary policy is appropriate and rates can be held if the outlook remains as expected, the situation with Iran could cause preemptive cuts, one noted economist suggests.