Special Program Root Tag

Jamie Doffermyre  has worked in munis at Truist Securities, Citi and Merrill Lynch.

Executing a successful bond issuance becomes simpler by combining long range planning, shorter-term timing and marshaling political support.

California's recent tax revenues exceeded forecasts, but the state faces structural deficits that drive budgetary borrowing and have narrowed its reserves.

"Over the next fiscal year, I look forward to collaborating with MSRB Board members from across our industry, and the nation," Board Chair Natasha Holiday said.

With the advance refunding of tax-exempt munis still off the table, issuers are using existing market conditions to shed Build America Bonds and realize debt service savings through tender offers.

"I would say don't be afraid to pick up the phone and talk to investors directly," Nuveen's Molly Shellhorn said.