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Florida lawmakers passed a state budget and approved plans to pay off $830 million of debt in fiscal 2026 in advance of maturity.
June 18
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The rock-bottom prices show the risks of a high-yield market where liquidity is famously limited.
June 18
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A colleague called the Florida-based lawyer "an institution" in the public finance community
June 18
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Housing advocates are cheering the Senate's embrace of expanding Low Income Housing Tax Credits which ensures a volume increase and reduces a key bond threshold test.
June 18
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Under the agreement, the NBA's Thunder will play for at least 25 years in an arena that will be largely financed by a sales tax revenue bond sale later this year.
June 18
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A growing rainy-day fund helped Alaska win a Moody's Ratings upgrade, bringing the state's issuer and general obligation bond ratings to Aa2 from Aa3.
June 18
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Deals from two small Michigan cities show how bond-funded improvements are used to keep up with water infrastructure replacement needs.
June 18
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Tom Kozlik said he was particularly concerned about the impact of a scaled-back FEMA on issuers in the Southeast.
June 17
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"We expect no change to rates but [for the Federal Open Market Committee] to continue to signal that rate cuts should still be expected," said Cooper Howard, a fixed income strategist at Charles Schwab.
June 17
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The action stems from conduct that occurred from 2020-2023, FINRA alleged.
June 17
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White, who served as CEO of the financial advisory firm for over three decades before retiring at the end of 2011, passed away on Friday.
June 17
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Hillman is part of a spate of hirings deepening the firm's presence in certain regions and the transportation sector.
June 17
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K-12 public schools get a $55 per-student increase in the state basic allotment, while other funding is allocated to specific purposes.
June 17
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In the first quarter of this year, 18.6% of new-issue volume in the market was traded electronically, up from 17.3% last year, according to data from Coalition Greenwich.
June 17
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The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
June 17
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Even before January's fires in Los Angeles, change-of-address data shows residential moves based on fire risks and insurance availability.
June 16
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After two weeks of a deluge of issuance, supply drops off "given the FOMC meeting and Juneteenth holiday, so we expect investors will refocus on the secondary market and look to scoop up any value left behind in the wake of the issuance onslaught," said Birch Creek strategists.
June 16
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"This case involves the discovery of a massive Ponzi-like fraud orchestrated by former GHA executive director Robert Cappelletti," plaintiffs GHA and Greater Groton Realty Corp., a non-profit affiliate of the GHA, said in an April court filing.
June 16
