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Currently, the maximum maturity period for bonds under the MLF is 36 months, up from 24 months when the program was first created in April.
September 9 -
Everyone agrees economic recovery is underway, with much debate as to its shape and how long it will take.
September 9 -
The public-private partnership Alabama is using to build three new prisons is estimated to cost nearly $2.64 billion over 30 years, up from $900 million.
September 9 -
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New York's law permitting municipalities to extend rollover periods on bond anticipation notes provides budget flexibility, but it's unclear how it will impact long-term debt.
September 8 -
The fluid nature of municipal credit during the coronavirus is countering what are 'fairly solid technical factors' for the market while participants await news out of Washington for more stimulus.
September 8 -
The Minnesota Management and Budget commissioner is moving to the University of Minnesota after a decade with the state, and his MMB predecessor replaces him.
September 8 -
Despite a positive employment report last week, Chair Powell predicted a slow recovery with COVID-19 still not under control.
September 8 -
Groups say a year-long extension of the current surface transportation law would bolster market certainty in 2021.
September 8 -
The news is credit positive for the second-tier airport in the wake of JetBlue's departure, according to Moody's.
September 8 -
Siddharth Singhai, chief investment officer at IronHold Capital, explores how pension funds can choose better money managers. Paul Burton hosts. (16 min.)
September 8 -
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The regulatory road ahead is as uncertain and risky to banks as the pandemic.
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Johnsen, 67, had served as a board member of the National Association of Municipal Advisors. He retired in 2018 as a principal of Fieldman, Rolapp & Associates.
September 4 -
The numbers were not as bad as first forecast, with sales tax revenues, which account for 59% of the budget, inching up.
September 4 -
Puerto Rico's governor promotes an insider to run the power authority.
September 4 -
Declining tourist taxes, which support the bond-financed Orange County Convention Center's expansion, led officials to suspend the design work on the project.
September 4 -
As the long Labor Day holiday beckoned, munis remained mostly steady in quiet trading. Cal trades up.
September 4 -
The August employment report was better than anticipated, which could impact the stimulus package being negotiated in Washington, analysts say.
September 4 -
Moody's cited high leverage and fixed costs attributable to the city's pension and other post-employee benefit plans. Voters decide on new bonds in November.
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