News and Information from Bond Buyer

As an industry, we must speak persuasively with one voice and impress upon the administration and Congress that there is no substitute for the golden, reliable friends of our industry’s past.

The three-month extension for the central bank's lending programs is one of several recent steps by policymakers to stabilize the economy as the coronavirus pandemic stretches through the summer.

Tom Kozlik of Hilltop Securities explains why meaningful federal coronavirus assistance to states and cities is no slam dunk. Paul Burton hosts. Recorded July 21.

Puerto Rico public corporation unions fought against PROMESA and local laws in an appeals court Monday.

Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

With rates at zero lower bound, and staying there, analysts are focusing on the post-meeting statement.

The two series are $355,730,000 Power Revenue Bonds, Series EEE, and $320,175,000 Power Revenue Bonds, Series YY.

This revision represents an update of Statement 34 issued in June 1999.

Major deals that produced record savings have enhanced the firm's credentials among municipal bond senior managers in Texas.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

The next stimulus package will help municipalities and those who are struggling the most, but won't be as generous as the first package, economists predict.

The bond lawyer group's No. 1 suggestion is to loosen the rules governing state and local government borrowing for working capital.

A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.

A Republican-led Senate and White House proposal that was circulating among lobbyists earlier this week indicated the major benefit for local governments would be new language providing greater flexibility for Coronavirus Relief Fund grants.

Initial jobless claims increased for the first time since March, causing some to worry about the economic recovery.