News and Information from Bond Buyer

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.

Legislation requiring standardized financial disclosure from issuers is attached to a must-pass defense bill, which narrows the window to fight the measure.

Recent court decisions have the potential to up the ante in lawsuits accusing major banks of manipulating the variable-rate market.

Upon integration, the Lumesis DIVER product suite will provide additional municipal asset class workflow, analytics related to price transparency, and regulatory-related solutions to SOLVE'S Market Data Platform.

The October event will feature private and public sector experts on education, community development and ESG.

In the competitive market Thursday, the New York Urban Development Corp. sold $1.443 billion of tax-exempt personal income tax revenue bonds.

The goal is to reduce energy costs and exposure to energy price spikes.

The state spreads landed wide compared to a May sale, but remained far narrower than early in the pandemic and during the state's two-year budget impasse.

Anthony Michael Holland has also been ordered to pay almost $1.2 million in restitution.

Upgrading the agency's technology could make information exchange more secure.

AccuWeather says Hurricane Ian may turn out to be one of the costliest storms in the county's history due to its violent storm surge, damaging winds and overpowering flooding rains.

California Gov. Gavin Newsom signed a package of housing legislation headlined by bills removing regulatory barriers to new-home construction.

Texas gave S&P until Oct. 13 to produce documents detailing its development and use of ESG factors in public finance ratings.