Organization Root Tag

Evercore's Howard Cure and the Citizens Budget Commission's Maria Doulis scrutinize the city's FY19 spending plan. Paul Burton hosts.

The early birds caught New York City general obligation bonds, as RBC priced an $810 million offering to retail buyers to start a busy primary week.

The Trump administration’s effort to publish a proposed rule comes just over two months after the IRS announced May 23 it was working on the regulations to enforce the $10,000 cap on what previously was an unlimited personal deduction of state and local taxes, also known as SALT.

Underwriters and issuers agree that G-17 disclosures have become boilerplate and excessive, but diverge on whether a complete opt-out should be allowed.

Newly issued Treasury securities held in stripped form increased about $1.584 billion in July.

The central bank's survey of loan officers said banks are easing their credit standards for commercial and industrial loans as competition heats up.

The five bankers will work in the firm's Chicago, Washington, D.C., and New York offices.

The market is prepping for $7.5 billion of new paper that is set to hit the market, as more than $50 billion in August redemptions free up cash to buy bonds.

A strong rebound in oil and gas production and broad economic growth is fueling record growth in sales tax revenue, Comptroller Glenn Hegar said.

Wells Fargo Securities announced the additions of Randy Campbell and Jim Perry to its public finance team, both jumping over from Morgan Stanley.

The market was quiet on Friday ahead of a $7.5 billion new issue calendar as more than $50 billion in August redemptions frees up cash to buy bonds.

The legislation would require local governments in Michigan to sell most bond issues competitively with seven-days public notice.

Municipal bond buyers will get to see a larger than average new issue slate.

The Silicon Valley city was planning to place a November ballot measure to raise money for transportation projects

The State Bond Commission approved a $10 million study on reviving tolls against a backdrop of revenue strain and regional dynamics.

Securitization or pension obligation bonds are options for the city.

The board declined to say what the net impact on the central commonwealth government’s finances would be.

Municipals were mixed on Thursday as the bond markets await Friday’s release of July’s employment report.

The Municipal Securities Rulemaking Board has selected two individuals representing the public and three from regulated entities from 80 applicants to become part of its 21-member board on Oct. 1.

Moody's shifted the outlook on RTA and CTA's $5 billion of debt as Chicago and Illinois outlooks stabilize