S&P

The $16 million, small-denomination offering, to finance projects with climate and environmental benefits. is modeled after World War II Series E bonds.

So far this year, the bond insurance industry is on a better pace than it was last year. As of May 9, both Assured Guaranty and Build America Mutual have accounted for $7.30 billion in 563 deals, up from the $5.99 billion spanning 490 transactions as of May 9, 2019.

The historic nature of how ratings for municipal issuers play out in times of severe volatility is under scrutiny from various market participants.

The rating agency delivered the latest coronavirus-related hit to the city's ratings by cutting its outlook. The city's GO bonds were affirmed at AA.

S&P cited the state's growing structural budget gap resulting from an oil price plunge.

Early official estimates of current fiscal year revenue drops include $353 million in Arkansas, $396 million in Colorado, $219 in Oklahoma and $224 million in Vermont.

S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.

Analysts expect a drop in trade volume in at least the first two quarters of this year.

David Hitchcock is celebrating 40 years at S&P Global Ratings as a municipal bond analyst.

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

The state's experience shows how competition for funding has shifted away from traditional schools, S&P Global Ratings says in a new report.

In a recent Moody's report, analysts said states would be able to weather a moderate recession due to healthy reserves.

Data on default rates shows that while there has been improvement in consistency between corporate and muni ratings, there is still work to be done.

“We see some calming of seas,” said Beth Ann Bovino, chief U.S. economist and managing director at S&P Global Ratings, who offered those explanations as part of her latest take on the U.S. economic outlook.

Oakland Park will issue green water and sewer refunding bonds that carry S&P Global Ratings’ highest Green Evaluation score of E1.

The gas tax has fallen short of meeting infrastructure needs, and cities need new solutions.

While political debate over Connecticut highway tolls remains jammed, Gov. Ned Lamont's administration warned about federal backlash over a maintenance backlog.

The groundings of Boeing 737 MAX 8 and tariffs with China could have an impact on revenue growth among ports and airports.

A 2018 high court decision has been positive for state and local government budgets, but not as much a boost as some of the estimates had predicted.

Petek has covered California's state government as a public finance rating analyst for S&P Global Ratings.