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Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.
February 13
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A $12.5 billion rainy day fund protects Texas from the next recession, said Comptroller Glenn Hegar, who wants to invest the fund into productive assets.
February 13
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More new supply hit the screens led by general obligation deals from the District of Columbia and Delaware.
February 13
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The primary market was active on Tuesday as deals from the Dormitory Authority of the State of New York and the state of Texas hit the screens.
February 12
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The proposal is seen as a long shot in a session focused on school finance and property tax reform.
February 12
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The state of Texas competitively sold bonds while the DASNY deal was priced for retail investors.
February 12
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The muni market firmed up on Monday, ahead of what should be another busy week.
February 11
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The municipal market should see another active week, while the strong demand from last week should carry over and be provided with an extra boost.
February 11
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Texas lawmakers are pushing for legislation to cap local property tax increases, with implications for bond ratings across the state.
February 11
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The District of Columbia and two Texas issuers are coming to market with municipal bond deals that will warm the hearts of supply-starved investors.
February 11
