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The market idled Monday while investors prepare for a $12 billion new-issue onslaught that brings diversity of credits that will help direct benchmark yields. Continued fund flows are needed to sustain current yields.
June 7
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The California treasurer also suggests adding flexibility to federal rail grants ,which are typically reserved for government projects, to include jointly undertaken public-private partnerships.
June 7
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Colorado lawmakers are creating government enterprises and using fees instead of taxes to fund transportation.
June 7
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The transit agency's acknowledgment of an intrusion set off loud alarm bells about the rising threat of public-issuer system hacks.
June 7
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Muni prices were firm Friday after the employment report showed nonfarm payrolls rose 559,000 in May as the jobless rate fell to 5.8%.
June 4
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Bank of America, JPMorgan, Goldman Sachs, Citigroup, UBS, Morgan Stanley, RBC, and Santander are defendants.
June 4
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The measure would fund deferred maintenance projects at K-12 schools and state universities. It heads to the Assembly and would ultimately be decided by voters.
June 4
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Charter revisions that Mayor Mike Duggan says could bankrupt the city will remain on the ballot at least for now as the state's high court considers the case.
June 4
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The ambitious spending envisioned in the bill is already getting pushback from Republicans.
June 4
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Raymond James is senior manager for the sale, which will feature $82 million of Series B tax-exempt and $17 million of Series A federally taxable bonds.
June 4
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TxDOT expects to issue $1.5 billion of bonds in fiscal year 2022, with another $1.5 billion issued in fiscal 2024.
June 4
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The Metropolitan Pier and Exposition Authority will draw from a state backup pledge and $30 million of state subsidies as it emerges from the pandemic.
June 3
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As most participants await Friday's jobs report, the municipal market Thursday sustained a firm tone as rates remained on a gradual path of decline.
June 3
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A return to the local court remains possible.
June 3
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If Congress does not act on the island’s Medicaid funding by the end of September, the funding shortfall would force officials to drop an estimated 800,000 people from the rolls.
June 3
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A total of $14.8 billion of par has been wrapped by bond insurance through May of this year, compared to $9.76 billion through the end of May 2020.
June 3
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The dealer group's concern is on the treatment of institutional SMMPs under the suitability standard.
June 3
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Kestrel Verifiers has certified as green a tranche of bonds that will finance the ethanol plant in California's economically challenged Imperial Valley.
June 3
