News and Information from Bond Buyer

The Municipal Securities Rulemaking Board's intends to spend $45.5 million over the course of FY2023.

The committee aims to craft best practices that would encourage greater use of the "green bond" label.

Munis open October firmer, underperforming a UST rally, but September closed out the month with 3.84% losses — the single largest monthly loss since September 2008.

Missouri and Iowa closed out fiscal 2022 with balances that paved the way for tax cuts.

Opponents of Oklahoma Turnpike extensions are calling for limits on the agency's ability to issue bonds and raise tolls.

Inadequate public governance drives up the costs of U.S. transit projects, Eno Center for Transportation said in a report.

The launch helps Schwab to broaden its footprint in munis, allowing the firm to expand its line-up for investors who are looking for broad muni exposure at a much lower price point.

Issuers and market professionals will discuss the distinctive challenges that confront California's transportation sector and the public finance strategies being used to meet the borrowing and credit needs of the sector that keeps our economy moving.

Robert Berry, Executive Director, CDIAC

Michael Ballinger, Publisher The Bond Buyer, The Bond Buyer; Marc Bauer, Partner, Orrick Herrington & Sutcliffe LLP; Andy Nakahata, Managing Director and Regional Head of the Public Finance West Region, UBS

Fiona Ma, CPA, California State Treasurer, Office of the State Treasurer

Issuers, their advisors, and sector professionals will discuss their view of these challenges amidst those of the broader market, and how they are approaching new project financing and management of their existing debt portfolio.

Issuers and other sector experts will explore the unique risks facing water and wastewater agencies and how they are using and structuring debt to mitigate a dynamic collection of risks in this sector.

Fiona Ma, CPA, California State Treasurer, Office of the State Treasurer

Friday's action brings the state's outlook to positive with all four major credit rating agencies.

Triple-A yields rose more than three-quarters of a point on the front end and nearly half a point out long in September as munis posted 3.84% losses.

Baby bonds provide a long-term remedy by fostering upward mobility, while current anti-poverty measures do not, according to panelist Scott Winship.

Goldstone will stay on as a special advisor to the mayor.

The stopgap funding bill provides $4.5 billion of disaster recovery aid for New Mexico, Florida, Puerto Rico and more.

For the first three quarters, total issuance sits at $308.440 billion, down from $361.932 billion in 2021. Taxables are down 48.0% to $45.724 billion from $87.979 billion.