Subject Root Tag

Rick Kolman and Al Kirton of Academy Securities talk about the state of the public power sector today – the challenges and opportunities that exist for investors.

Daily report for July 16, 2020.

Residents will vote on the proposal, which would focus on poverty, health and housing, in November.

New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.

Although economic activity increased, an uncertain outlook clouds the future.

New York Federal Reserve President John Williams said the transition away from Libor “continues to be of paramount importance.”

S&P moved Michigan's outlook to negative this week. Fitch recently affirmed the state's stable outlook.

DFW reported present value savings of more than 27% from this week's current refunding of $489.5 million of tax-exempt bonds.

Voters approve two borrowing measures totaling $120 million.

A new law allows state agency Space Florida to sell revenue bonds for private aerospace firms without requiring approvals from the state governor or cabinet.

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

The U.S. central bank should consider holding off on raising interest rates until inflation is above its 2% target, Philadelphia Fed President Patrick Harker said.

COVID-19 has put large burdens on state and local coffers and new business for the municipal bond insurers, generally, has increased.

The Governing Board of the Virgin Islands Public Finance Authority met Tuesday via videoconference and voted unanimously to execute the term sheets with Banco Popular and First Bank for $60 million in loans to fund government operations.

There were a few changes in the top municipal bond counsel rankings, with the only spots staying the same numbers one and 10.

Daily report for July 15, 2020.

Uncertainty makes downside risks prevalent, and the Fed will need to be accommodative when the crisis ends, according to Lael Brainard.

Long-term munis strengthened as investors bank on recoveries and navigate an uncertain credit landscape.

Illinois paper is trading at tighter spreads than it did amid the original coronavirus surge, though they remain much higher than in February.

Coronavirus-related disclosures last week reached to just over 600 filings, but it is still a far cry from just less than a month before which saw 1,200 filings.