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The top municipal bond underwriters of the first quarter of 2021 are well ahead of last year's record pace, as the country is starting to finally see the light at the end of the COVID-19 pandemic tunnel.
April 9
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High-yield inflows return to the tune of $821 million. The 10-year triple-A hovers just above 1%.
April 8
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Pierluisi said his approach to governance would avoid fights and promote cooperation.
April 8
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These so-called American Renewal Bonds would help finance a national infrastructure initiative until the economy sufficiently recovers from the pandemic.
April 8
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Moody's Investors Service notes that the new two-tier pension system will not immediately decrease Kentucky's high unfunded pension liabilities.
April 8
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Lawmakers added more money and projects to Idaho's Garvee program in 2017 partly to counter congestion from the state's massive population growth.
April 8
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The Investment Company Institute reported another week of inflows, $800-plus million, as participants focus on that part of the market as an indicator of how munis will fare during tax season.
April 7
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S&P cut Energy Harbor Corp.'s issuer credit rating to junk due to the subsidy repeal, but affirmed $400 million of bonds at the low investment grade level of BBB-minus.
April 7
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The board also extended the deadline for two bond insurers to withdraw from the central government bond Plan Support Agreement.
April 7
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With 20 million vaccines administered and reduced infection rates, Gavin Newsom said it's time to begin looking at fully reopening the economy.
April 7
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Business leaders and budget watchdogs ask whether the $212 billion spending plan would set up the state and its anchor city for a fall.
April 7
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The EPA would be responsible for administering the new grant program, should it become reality.
April 7
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President Biden said he hasn’t spoken with Federal Reserve Chair Jerome Powell since taking office more than two months ago, citing respect for the central bank’s independence and marking a sharp turn from his predecessor, Donald Trump.
April 7
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The theme of low supply, positive inflows and the anticipation of higher tax rates led triple-A benchmarks firmer by one to two basis points.
April 6
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Kansas City will follow up a GO sale from last month with $186 million of tax-exempt, taxable new money and refunding special obligation bonds Wednesday.
April 6
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It was the second month in the last 12 to show a year-over-year increase.
April 6
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Net revenues came in 21.6% ahead of Puerto Rico Oversight Board projections in the first seven months of the fiscal year.
April 6
