News and Information from Bond Buyer

Far West municipal issuers sold $99.1 billion of debt last year, a 16% increase from 2019.

Municipal bond issuers in the Southeast sold $76.91 billion of bonds in 1,152 issues in 2020, putting volume slightly ahead of 2019, according to Refinitiv data.

Even though the report has been publicly available for more than two years, the Oversight Board is still asked the perennial question: Why didn't we audit the debt? We did.

A year after COVID disrupted the markets, Sylvia Yeh and Scott Diamond, co-heads of fixed income at Goldman Sachs Asset Management discuss their strategies for 2021 and the important role of retail, consider the new regime in Washington, and contemplate where ESG fits into their portfolio as the muni market incorporates the burgeoning investor interest in it. Lynne Funk hosts (35 minutes)

The Beige Book suggests the economy is recovering, with optimism for 6-12 months ahead, while economists don't envision inflation rising enough for the Fed to take action any time soon.

Robert "Bob" Borhart has joined the firm's finance department in Minneapolis in an of counsel role.

With federal stimulus payments flowing through the economy, Oklahoma's revenues were encouraging in February.

Trade volume increased by just 4% compared to 2019 following a volatile year for munis.

Municipal issuers in the Southeast sold $76.9 billion of bonds in 2020; $3.5 billion for Florida's Hurricane Catastrophe Fund was the region's biggest deal.

Reinstating certain municipal bond provisions would make way for more infrastructure investment.

The First Circuit said Puerto Rico credit unions did not take appropriate timely steps to challenge the bond restructuring.

Refunding volume swelled in the Midwest by 53% in 2020, driving bond issuance in the Midwest to a 15.8% year-over-year increase, to more than $83.5 billion.

Lt. Gov. Dan McKee succeeds her on a day state voters approved seven bond measures totaling $400 million.

Knox was a public finance lawyer and former partner at Orrick who aided the cities of Vallejo and Stockton through bankruptcy.

Institutional pricing of New York City and competitive deals from Baltimore and Cambridge, Mass., should help give a sense of where yields are heading, while Ohio offers up GOs for a market that's been little changed for three days after a large sell-off.

Holzinger's career in finance spanned 30 years and included attorney, investment banking, bond insurance, and consulting.

Flexibility in federal funding programs that would allow cities to target what they consider their highest priorities is key.

From the use of taxables to forward deliveries, refunding deals drove an overall 15.8% hike in Midwest bond volume that exceeded the national average.

President Biden has gone on record favoring statehood, unlike his predecessor who slow-walked federal aid to the territory in the wake of Hurricanes Maria and Irma.

NACo and the NLC were among 400 groups that sent a letter Monday to senators stating “enthusiastic endorsement” for the $350 billion “in flexible aid."