News and Information from Bond Buyer

Another replacement for exempt advance refundings, forward delivery bonds are attractive to issuers looking for savings and investors seeking incremental yield.

The ICE risQ social impact scores will let municipal bond investors compare which communities will be socially impacted the most by their investments.

Nine mayors from across the country backed House Speaker Nancy Pelosi’s double-barreled strategy to move infrastructure legislation.

The Rhode Island Infrastructure Bank will offer $128 million of state revolving fund revenue bonds, and RIHousing will sell $172 million of homeownership opportunity bonds.

Refinitiv Lipper reported $1.87 billion inflows. A solid demand component for the market, but some suggest the move into bonds from equities is more an asset reallocation than investors keen on fixed income.

The announcement came after the municipal advisors trade group said it had received a report of COVID-19 exposure at a testing site.

A speculative-grade deal to build on-campus housing at Santa Rosa Junior College is a first for a conduit issuer operating out of the State Treasurer's Office.

Refinancing savings and federal relief will fill Chicago's $1 billion 2021 hole while the city ponders how to erase a $733 million gap next year as its budget takes shape.

Another $2 billion-plus was reported flowing into municipal bond mutual funds in the latest week, continuing to be a supportive demand component for munis.

The increasing influence of institutional market participants is even stronger in the taxable muni sector, a Municipal Securities Rulemaking Board report finds.

The $1.4 billion seaport revenue refunding bond deal Wells Fargo will price next week will be the largest port transaction since the COVID-19 pandemic began.

At stake, from SIFMA's perspective, is the potential of the SEC to revive the exemption in the future.

Kathy Hochul, a 62-year-old Buffalo native, will become the state’s first female governor. The former congresswoman has been lieutenant governor since 2015.

The executive director's pay will remain at $625,000.

That's not a bad idea despite the crumbling condition of a key stretch of the highway, says NYU Rudin Center Director Mitchell Moss.

A federal judge denied Nuveen's motion to dismiss Preston Hollow's antitrust lawsuit concluding a "plausible" claim exists to proceed. PHC faces a tougher legal road ahead in proving its rival orchestrated a damaging boycott.

Municipals are tethered to Treasuries, more so in recent sessions, and have cheapened, but strong technicals — $18.5 billion of net negative supply and large reinvestment needs — still hang overhead.

California's troubled high-speed rail project was not a priority in the bill the Senate passed Tuesday, amid $66 billion targeted for intercity rail.

New York's governor, embroiled in a sexual-harassment scandal, will step down in two weeks, in a move that could affect the state-run MTA, a major bond issuer.

The legislation passed the Senate by 69-30 setting the stage for House lawmakers to work on it and for Senate Democrats to weigh a social infrastructure agenda.