Southwest

The entire municipal exempt yield curve is seeing consolidation with a 125 basis point spread between one and 30 years, and sub-1% yields are holding firm inside of 15 years.

The state of Illinois sold $2 billion of three-year notes to the Federal Reserve's Municipal Liquidity Facility at 3.42%.

Facing resistance from the local investor-owned utility, the Colorado college town ended its bid to form a municipal utility and signed a new franchise deal.

State lawmakers took only three days to approve more than $200 million of relief for businesses and individuals in a special legislative session.

For the seventh time in 2020, monthly sales tax revenues in November were below the same month in 2019.

Although November posted the lowest monthly volume total this year, issuance has already exceeded 2019's total and is on track to set a new yearly record in 2020.

The Regional Transportation District will issue $340 million for Denver Transit Partners, the concessionaire of three Denver-area commuter rail lines for RTD.

“This is a preliminary determination, not a proposed adverse determination or a final determination,” the county said.

Local governments are facing calls for tax relief as the pandemic slows the economy and they implement property tax reform legislation.

The state’s economic downturn has yet to subside, State Treasurer Randy McDaniel said.