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The new credit received a triple-A from Fitch Ratings and a AA+ from S&P Global.
July 6
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Hosting a World Cup game brings a variety of economic benefits to cities and counties, from increased spending by fans and tourists from around the world to burnishing a region's reputation.
June 17
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The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project.
June 17
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The final budget sets aside about $8.3 billion in budget reserves, which bring them to the highest level in the city's history.
June 10
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MTA finance director Pat McCoy said issuers need to ask if they are prepared to deal with the requirements attached to federal money.
June 8
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As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)
June 7
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The recommendation would build reserves toward a target of 16% of tax revenues in order to prevent drastic service cuts during a recession.
May 23
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Investors pulled $7.270 billion from muni bond mutual funds in the week ending May 11, per ICI data, while exchange-traded funds saw $1.756 billion of inflows, the fourth week of record inflows.
May 18
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On the buy-side, weakness, outflows, supply issues, and poor liquidity are making life challenging for municipal bond investors. The same could be said for issuers.
May 17
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Deep-in-the-red municipal returns are not helping assuage investor concerns, creating a negative feedback loop that has yet to see a pause.
May 16
