News and Information from Bond Buyer

Although short-term volatility is certain, experts consider whether the long-term outlook would change depending on the winners.

Upfront savings from the $371 million deal will improve liquidity for the authority after the coronavirus-caused traffic downturn.

Missing minimum denomination and interest rate information for VRDOs affected about 57 CUSIPs, FINRA found.

The airport will sell $925 million in a deal structured to lower short-run debt-service outlays as it manages through the coronavirus-driven air travel decline.

The lawsuit seeks up to $2 billion from JPMorgan, Stifel and Wells Fargo, saying they abetted the crisis in their role selling debt for the Karegnondi water pipeline.

The Puerto Rico Aqueduct and Sewer Authority said it might be refinancing its bond debt with a new bond issue by the end of the year.

Recent toll hikes will offset a coronavirus-inspired drop in traffic and a refunding portion gives the authority "financial flexibility," according to analysts.

What Jason Gardner, founder and CEO of Marqeta, has learned leading a 450-person fintech from home.

Advance refunding, direct-pay bonds, and increased limits on bank-qualified bonds would be among the muni-friendly tax provisions that have a good chance of becoming law if Democrats control both chambers of Congress.

The maximum allowable issuance under the SEC's temporary exemption is $20 million.

Recovery will be more difficult because rates were low before the pandemic, Federal Reserve Bank of Boston President Eric Rosengren said.

Disney in late September said it would lay off 28,000 employees at California's Disneyland and Florida's Walt Disney World resorts.

Justin Peterson represented the Ad Hoc Group of General Obligation Bondholders for several years.

Municipal bond issuers are coming market at a 26.2% faster pace than they were at this point last year.

Financial advisors in the municipal bond market accounted for $281.23 billion so far in 2020, more than the $225.54 billion in the first nine months of 2019. The top three spots remained the same, followed by some changes in the rankings from last year.

Municipal bond underwriters are on pace to easily surpass last year's total, despite the COVID-19 pandemic. Top bookrunners have accounted for a total of $328.60 billion through the first three quarters of the year, up from the $267.91 billion in the first nine months of 2019. The top five saw small changes compared to a year ago, while spots six through 10 saw more of a mix.

They say the board should specify a central government plan of adjustment by Nov. 30.

Another week of inflows as reported by ICI and the municipal market continues to push on. There is money to put to work, sources say, depending on who is willing.

Although uneven in nature, the recovery from the COVID-19 pandemic has been "faster than expected," with growing business investment, according to FOMC participants.

Trump promised passage of a stimulus package after his presumed re-election, but later offered to sign separate pieces of the larger package that the White House walked away from.