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Standard & Poor's upgraded a greater percentage of local government credits than it predicted it would, on a quantitative basis, when it applied new criteria to those ratings over the past year, the rating agency said in a report.
October 6 - Rhode Island
Moody's Investors Service late Monday revised its outlook on Rhode Island to stable from negative and affirmed its Aa2 general obligation rating.
October 6 -
Broker-dealers who voluntarily reported disclosure missteps under the Securities and Exchange Commission's Municipalities Continuing Disclosure Cooperation initiative shouldn't just sit around waiting for the SEC to make contact.
October 6 -
Standard & Poor's Ratings Services said it has raised its rating on Peace River Manasota Regional Water Supply Authority, Fla.'s debt outstanding to AA-minus from A-plus.
October 6 -
Standard & Poor's Ratings Services said it lowered its rating on Carroll County Public Water Supply District No. 1, Mo.'s water revenue-backed debt to A-minus from A.
October 6 - Connecticut
Natalie Sage Wagner as will serve as Connecticut's undersecretary for legal affairs effective Oct. 17, state budget secretary Ben Barnes announced.
October 6 -
Newly issued Treasury securities held in stripped form increased about $47 million in September to a total of $212.708 billion, the Bureau of the Public Debt reported Monday.
October 6 - California
Tom Lockard has been appointed to head operations in California for a real estate start-up after a 30-year career at Stone & Youngberg.
October 6 - Colorado
Colorado's Public Finance Associates will become part of Minnesota-based Ehlers Companies in the wake of new regulations that could prove challenging for smaller firms.
October 6 -
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The $15 billion gap in New York MTA's proposed four-year capital plan, recently vetoed by a state review board, has cast a pall over the transit agency's plans.
October 6 -
The primary and secondary markets were slow on Monday morning, anticipating the week's larger deals. Meanwhile, the Treasury market continued to firm, promising tight spreads this week.
October 6 - North Carolina
Charlotte, N.C., will ask the Local Government Commission Tuesday to approve a $498 million debt financing plan, which includes a GO bond referendum next month.
October 6 -
Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.
October 6
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The National Association of Bond Lawyers has renamed its Fundamentals of Municipal Bond Law Seminar scholarship program after the late Frederic "Rick" L. Ballard Jr.
October 6 -
Standard & Poor's Ratings Services raised its long-term rating and underlying rating (SPUR) on DeKalb-Jackson Water Supply District Inc., Ala.'s utility revenue debt one notch to A from A-minus.
October 6 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were unchanged, as the three-months incurred a 0.015% high rate, unchanged from 0.015% the prior week, and the six-months incurred a 0.040% high rate, unchanged from 0.040% the week before.
October 6 - Texas
While few high school students are aware of how their schools were financed, a select group at Sidney Lanier High School in San Antonio took up an invitation to watch a bond pricing first-hand.
October 6 -
The Treasury Department said Monday it will sell $32 billion of four-week discount bills Tuesday.
October 6 -
Rather than getting yield by buying in the longer-middle to back-end of the curve as barbell investors typically do, Newtown Square, Pa.-based Veritable is purchasing bonds maturing from five to seven years for the long end of its barbell.
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