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Even with COVID-19-related shutdowns — a New York City lockdown may be imminent — issuers are pricing bonds into an extremely low-rate environment.

Fiscal 2020 added another $3.8 billion to the state's unfunded pension liabilities, according to a new state report.

New York State's short-term revenue losses, resulting from coronavirus shutdowns, won't curb enthusiam for the Empire State Development Corp.'s offering, according to market sources.

The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.

The project will construct a new 11-mile east-west freeway south of Lincoln, Nebraska, and it will be financed in a way that doesn’t infringe on state borrowing limits or expose investors to undue credit risk.

The second bankruptcy of the Las Vegas Monorail was much smaller than the first, and bondholder Preston Hollow LLC is getting paid a full $22 million.

The SEC said the court should oppose SIFMA's motion to include news articles in the proceedings, saying the group relied on only one rationale.

The Federal Open Market Committee meeting this week will not offer the chance of rate changes, but will bring a new dot plot, and economists are most interested in the GDP projections.

The LBJ Infrastructure Group, operator of managed lanes on a Dallas highway, will sell $1.2 billion of bonds through a conduit issuer.

Daily report for December 14, 2020.

There is an emotional and human aspect in all relationships and that holds true for the bond between individuals and brands. The COVID-19 pandemic has brought both the strengths and weaknesses in customer experience under the spotlight. This episode will focus on how connecting with customers and ensuring they have a positive experience with a company is paramount, particularly in a pandemic-driven world. Join our host, Brooke Worden, President of The Rudin Group and guest speaker, Virgil Miller, Chief Operating Officer of Aflac U.S. and President of Aflac Group in a discussion that will highlight how and why Aflac is emphasizing three key aspects of the customer experience in 2020.

The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.

Munis firmed Friday, only the second time in December they weren't flat, and more than a few participants are waiting on yields to rise before getting involved, particularly given the rich muni/treasury ratios and low absolute yields.

Nelson, a 30-year veteran of the financial services industry, joins Hilltop's Encino, California, office.

The number of issuers using a temporary exemption jumped to 101 in October from 35 the previous month.

Clark County, Nevada's reserve draw, brought about by low hotel tax revenues, has no rating impact on the limited tax general obligation bonds, Moody's said.

City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.

The GFOA Debt Committee is working on issuing a similar Libor advisory in advisory in January or February.

Increases in producer and consumer prices on an annual basis, with a 0.3-point gain compared to last year may be a signal inflation will emerge and might force the Federal Reserve to act, economists said.

California overcame a legal challenge to use bond authority to provide housing for homeless people suffering from mental illness.