News and Information from Bond Buyer

While most observers expect inflation to grow as the economy heals, the latest CPI numbers suggest that it hasn't yet arrived.

The Oversight Board asked the court to extend its deadline for submitting various documents including a term sheet to restructure the central government debt.

Goldstone, who helped the city return to the bond markets after SEC sanctions, will help recently elected Mayor Todd Gloria get his administration rolling.

Local governments would get 40% of the $350 billion in direct federal aid to state and local governments.

HJ Sims has used Cinderella bonds, tender offers and forward deliveries to help senior living clients refinance without tax-exempt advance refundings.

J.B. Pritzker laid out a few details of his upcoming budget proposal, saying he won't seek a tax hike and will hold spending steady.

More than 30 finance chiefs of major U.S. cities sent a letter to the Biden Administration making their case for direct aid and new borrowing tools

Even if there was some hesitation in the past few sessions to accept lower municipal yields given rich valuations, municipals continue grinding lower. One- and two-year AAA yields hit record lows of 0.06% and 0.08%, respectively.

The state plans a series of municipal bond sales with tailwinds from upbeat fiscal news, including its first surplus on a GAAP basis.

The judges found the appellants had failed to seek stays or appeals of the approved bond restructuring — on about $17.6 billion of debt — in a timely fashion and the plan had advanced well beyond the point where it could be practically undone.

A House committee is considering for the first time how grants for ports will be appropriated to combat the pandemic.

The IRS Tax Exempt Bond unit closed nearly 300 cases instead of attaining its earlier goal of around 500 cases.

Transportation officials weigh the potential and pitfalls of this public-private development mode amid a financial squeeze during the coronavirus.

Tom Kozlik of Hilltop Securities examines variables related to President Biden's first-stage rescue package, including market reaction, state-local aid and vaccine rollout. Paul Burton hosts; Recorded Jan. 27. (19 minutes).

The Los Angeles Unified School District superintendent points out that city officials have failed to bring the COVID-19 infection rate to a safe enough level.

Why has inflation remained low and how will the economic recovery impact it? Several experts offer their views as to whether inflation is or will be a problem.

KBRA said the development, weighting, and ranking of the key factors in ESG scores are endeavors best left to investors rather than to rating agency credit analysts.

The taxable refunding will lower debt service obligations for the airport car rental facility, hit hard by the coronavirus pandemic, through fiscal 2025.

The effects of COVID-19 on Puerto Rico are severe and the island's capacity to repay its debt has changed. The Oversight Board's objectives in the debt-restructuring process, however, have not.

Taking advantage of low rates, the state's School Bond Authority is selling the largest bond issue in its history to refund outstanding debt.