Southwest

Major deals that produced record savings have enhanced the firm's credentials among municipal bond senior managers in Texas.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

Texas faces a shortfall of $4.8 billion at the end of fiscal year 2021, Comptroller Glenn Hegar reported.

Tribal leaders, after a landmark win at the Supreme Court, decided not to rush into a deal with the state to seek jurisdictional clarity from Congress.

The $3.7 billion measure would do more than just fix and replace schools. It could remedy an historic injustice, officials say.

The Longmont City Council is expected to formally decide in August whether to seek voters' November election approval of a ballot question that would authorize the city to sell up to $80 million in water revenue bonds.

DFW reported present value savings of more than 27% from this week's current refunding of $489.5 million of tax-exempt bonds.

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

The Supreme Court ruled that Native American tribes had never given up or lost their jurisdiction over eastern Oklahoma.