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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
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Economists are bracing for another volatile monthly jobs report and some forecasters are tweaking their models ahead of Friday's data.
June 3
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Kentucky has one of the poorest funded pension systems among all U.S. states.
June 3
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2020 was a challenging year for banks. The impact of COVID on the economy as well as changes to accounting for loan loss provisions were evident in weaker financial and stock price performance in 2020 for many banks and yet CEO compensation increased. Learn from experienced executive compensation consultants about the challenges Compensation Committees faced in 2020, why pay levels increased relative to 2019, what were common COVID-related compensation changes, and what changes were made for 2021 incentive plan design.
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Mayor Lori Lightfoot says she will keep fighting to reshape the legislation the state Senate approved this week to transition to a fully elected school board.
June 3
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The Fed will gradually sell its portfolio of corporate debt purchased through an emergency lending facility launched as the COVID-19 pandemic spread panic through financial markets.
June 2
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Court gives Senate president short deadline to respond to legal inquiries and experts do not see a strong case.
June 2
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ICI's report marks the 12th consecutive week of inflows bringing the total for 2021 to more than $40 billion. Lower- and non-rated deals saw 20 to 30 basis point bumps in repricings as any paper with yield is massively oversubscribed.
June 2
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The authority will scoop-and-toss some near-term debt to avoid a shortfall that would force Chicago to dig into its own pockets to cover a hotel tax shortfall.
June 2
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Texas is enjoying record revenues amid continuing uncertainty stemming from the pandemic, Glenn Hegar told The Bond Buyer Texas Public Finance Conference.
June 2
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GASB has not had an academic on its board since June of last year when Professor Michael H. Granof of the University of Texas ended his second term.
June 2
