News and Information from Bond Buyer

Public sector employment remains low despite the influx of federal aid, and governments dangling high wages and benefits could face long-term credit challenges, panelists said at Brookings Municipal Finance Conference.

Munis are improving, but positive second-half municipal returns likely won’t be enough to offset the major losses of the first half of the year.

The New Jersey mall, the nation's second largest, faces an interest payment on Aug. 1 after drawing down a debt service reserve for a payment earlier this year.

The hospital is banking on increased federal reimbursement funds next year when the new Rural Emergency Hospital designation for eligible Medicare providers takes effect.

The MSRB has released a mid-year research report showing the sharp decline of taxable issuances, significant outflows from mutual funds and a particularly fruitful last few months for individual investors.

A new study found that following the recent law in Texas law barring muni underwiriting by banks discriminating against the oil and gas industry, municipalities face higher borrowing costs after many players exited the market.

Arizona's law offers vouchers to all parents to choose where their children are educated at taxpayer expense. The impact on public school finances is uncertain.

The current territorial status would not be an option in a Puerto Rico voter plebiscite.

Massachusetts delayed the sale of $2.7 billion of taxable special obligation revenue bonds as state lawmakers consider a bill for their unemployment trust fund.

Investors will be greeted Monday with a new-issue calendar estimated at $7 billion. While issuance will likely come in above average this month, negative net issuance is still expected.

State pension funds have lost much of the ground gained during the bull market of 2021.

West Virginia Sen. Joe Manchin’s wholesale refusal to back the climate and tax measures in Democrats’ Build Back Better bill deals a final blow to any hopes of passing any provisions of the muni agenda before November.

Personal income tax data indicates the stock market slump is taking a toll on tax collections, Comptroller Brad Lander said in a report on the city's finances.

Ownership issues seem to be worked out, more or less, but reopening the refinery remains in doubt.

The lack of a TRANs deal will put off a test of how competitive bidding for the debt may be impacted by the state’s pro-firearm and fossil fuel policies that have sidelined a few big underwriting firms.

Investors added $206.127 million to municipal bond mutual funds, according to Refinitiv Lipper data.

While the number of deals slipped, the amount of revenues involved in announced transaction hit a peak.

Officials in New Mexico's state capital are fretting that late audited financials audit could lead the state to withhold state bond proceeds for city projects.

The firm’s project finance & public finance practice comprises more than 50 attorneys and professional colleagues and is looking to add.

The condition of infrastructure projects should be included in bond pricing metrics as many infrastructure assets around the country have turned into liabilities.