News and Information from Bond Buyer

Luke Dobbins of the Bank of Cherokee County, Oklahoma, explains why a Native-American owned bank is helped by MWBE University.

Paul Mak of Banco Popular says it can be a challenge for some banks to make money in low- to moderate-income areas.

Alisha Fulcher of East West Bank says her bank looks forward to partnering with NYC and creating a bigger impact in the communities it serves.

A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.

Willie Blalock of City National Bank in New Jersey talks about the value of minority banks.

MWBE University is a program developed by NYC Comptroller Scott Stringer to aid businesses owned and operated by women and people of color.

Two rating agencies offered slightly different takes on how school districts would fare.

Munis are termed rich, but taxables still shine.

The standard measure of interest rate risk is effective duration; it is the critical input to portfolio-based hedging.

Some stakeholders say the CUSIP requirement for MAs is needed, while other say it is burdensome.

Illinois lawmakers gave first-year Gov. J.B. Pritzker a victory on a cornerstone of his fiscal plan for the troubled state.

The financier's lawyers disputed a court-appointed monitor who had criticized him for maintaining an expensive lifestyle while his investors faced losses.

Stockton University’s ability to meet enrollment targets for its new satellite campus led to a rating outlook boost.

First-year Democratic governor Gretchen Whitmer faces opposition from the GOP-controlled legislature.

Softness in consumer spending may be ending, which would increase gross domestic product.

National Association of Bond Lawyers President Dee Wisor and President-elect Rich Moore discuss infrastructure, regulation, tax law and the group's educational efforts. Kyle Glazier hosts.

Over the first 10 months of the fiscal year, General Fund net revenues are 11% above October projections.

Unlike any other asset class, baring default, the prices of fixed income instruments will necessarily converge to their par values at maturity.

Owners of two firms will join Hilltop Securites as managing directors, the firm said.

The muni market is winding down to a pause for the long holiday weekend and when the market opens back up Tuesday, big deals will be few and far between, but the market will continue its run.