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Despite several larger deals entering the primary, the vast amount of cash on hand has not allowed munis to cheapen amid UST volatility and ultra-rich ratios
March 19 -
The section of I-95 that collapsed was part of a recent $212 million reconstruction.
June 12 -
Tax-exempt munis have now regained late September levels, and November's rally has eclipsed October's selloff, MMA notes in a weekly report.
November 29 -
Credit strengths include strong market position and service area economic fundamentals and an expected continued strong finance performance.
February 17 -
Moody’s also assigned an A1 to the authority's $950 million of forward delivery refunding bonds.
January 27 -
Municipal bond issuers in the State of New York accounted for half of the top 10, while issuers from California held two of the top four spots.
April 9 -
Muni yields have been in a nine-basis point range since the beginning of the year while UST yields have fluctuated more than 20 basis points. With so little supply, muni credit spreads continue to compress.
January 20 -
The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.
June 26 -
Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.
June 12 -
The transportation agency plans a refinancing to combat lost revenue from steep traffic declines during the COVID-19 pandemic.
May 28