News and Information from Bond Buyer

This is the first time a coalition representing the buy-side, sell-side and others on the business side of public finance will lobby for specific municipal bond provisions on the Hill.

The pension system is in an “accelerating death spiral,” he said. In contrast, he offered good news about the territory's water and power authority.

The city has leveraged $10 million in Miami Forever bond proceeds by 20 times to provide $200 million to build affordable housing units.

New issues priced with ease with high-grade issuers tight to triple-A benchmarks. It was the first time the municipal yield curve saw such noticeable movement, following little changed secondary activity for nearly the past two weeks.

The Illinois legislature passed a pension benefit enhancement for a group of Chicago firefighters. If Gov. J.B. Pritzker signs it, local taxpayers will pay up.

After a flurry of new muni programs created in response to the pandemic, the Federal Reserve is looking to staff up.

The SSI debate is expected to highlight an array of other federal safety-net benefits that residents of Puerto Rico are denied.

Since a temporary exemption allowing muni advisors to facilitate certain private placement deals expired, a federal court cannot strike it down, the SEC argued.

The public finance veteran was recently special counsel at McCarter & English.

Nicole Gelinas of the Manhattan Institute explores New York MTA's structural deficits, a capital program on hold and federal rescue needs while ridership has cratered during the pandemic. Paul Burton and Andrew Coen host (21 minutes). Recorded Jan. 4.

Lack of female representation is a systemic issue in the financial services industry, made worse by COVID-19. We should use these pandemic lessons to balance scales that have been tilted for much too long.

Dovetailing on President Biden's clean-energy initiatives, the Employees’ Retirement System and Teachers’ Retirement System voted for the divestments.

Federal COVID-19 relief aid cushions the district's balance sheet but labor, state budget, and pension woes remain.

Returns of all the investment grade options "pale in comparison to those for municipal high-yield," which should bolster Texas gas and Chicago public schools deals.

The agreement to end the lawsuit over the sale of securities for a failed nuclear reactor project still must be approved by the court.

ISFA board member Leslie Darling will take over the role of board chair.

The $187 million deal is the largest yet to be hosted on the Clarity platform, which is approaching the half billion mark of resets every week.

The negative outlook reflects the challenge of rebalancing the district’s budget in the face of pandemic-related reopening costs.

With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.

The case has also has fiscal implications for Arkansas, Delaware, Nebraska, New York, and Pennsylvania.