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The deal qualifies as both an environmental impact bond and as a green bond under the International Capital Market Association's Green Bond Principles.
June 28
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The Federal Reserve might consider an interest-rate hike from near zero as soon as late 2022 as the labor market reaches full employment and inflation is at the central bank’s goal, Federal Reserve Bank of Boston President Eric Rosengren said.
June 25
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The costs of legal settlements in California police misconduct cases would be posted on city and county websites if the bill passes.
June 25
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Economists in Puerto Rico panned the proposal to raise the rate to $9 per hour saying it would hurt businesses.
June 25
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Making it a summer Friday, munis were quiet. Participants contemplate why the market underperformed taxables to the degree they did when fundamentals are objectively strong and little has changed since before the FOMC.
June 25
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State and local government groups want the focus on reinstating tax-exempt advance refunding bonds and expanding the current financing tools.
June 25
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India Walton, a registered nurse and union activist, stands to become the first self-declared socialist to oversee a major American city in decades.
June 25
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According to State Comptroller Thomas DiNapoli, the brighter outlook could prompt increased rain-day deposits.
June 25
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Over the years, Assured Guaranty has been open to guaranteeing in the U.K. and most of Europe, Australia, and New Zealand and through AGM in the U.S. they cover certain transactions within the Latin American region.
June 25
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The county that includes Chicago projects a surplus this year that will replenish a reserve draw and a modest $121 million gap is projected next year.
June 24
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The final new issues of the week close with some bumps in repricings while the secondary was quiet.
June 24
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President Joe Biden celebrated his tentative deal with a group of Democratic and Republican senators on a $579 billion infrastructure plan, saying it would create millions of jobs while fulfilling a major piece of his economic agenda.
June 24
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Facing lawsuits and federal opposition, the Texas Department of Transportation had to pause the $7.5 billion North Houston Highway Improvement Project.
June 24
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One big area of spending growth has been Medicaid health services for the poor, which is on track to jump by 12.5% in the current fiscal year.
June 24
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Brightline Holdings will wait until 2022 to try again to finance a passenger train to Las Vegas from Southern California with tax-exempt bonds.
June 24
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Under Hawaii's system, the governor, David Ige, signals his intent to veto and then negotiates with lawmakers before making them formal.
June 24
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How the pandemic is accelerating trends in financial advice and changing the way Americans manage their money.
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The shift means that lease-revenue bonds supporting federal leases will no longer be notched off the federal government’s rating.
June 24
