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The incoming Bond Buyer Hall of Famer repeatedly brought financial discipline and long-term thinking to public entities before helping them tackle some of Indiana's most complex infrastructure financings.
September 3 -
Heavy August issuance created fewer oversubscriptions and more demand for concessions, a signal that issuers, advisors and underwriters need to pay closer attention to structure, timing and clearing levels, according to Market Intelligence analyst Jeff Lipton.
September 3
The Bond Buyer -
Water issues are getting attention on Capitol Hill as questions about reauthorizing state revolving funds and the impact of data centers on ground water supplies are mixing with politics.
September 3 -
California issuers may receive payments from the settlement.
September 3 -
Up to 18,000 private schools could lose access to the municipal bond market under the proposed rules, driving up their borrowing costs.
September 3 -
The Federal Reserve governor said an upcoming change to the personal consumption expenditures index could show ongoing improvement in prices, building the case for leaving interest rates unchanged.
September 3 -
The Alabama Toll Road, Bridge and Tunnel Authority is bringing $3.7 billion of bonds and notes to finance a bridge and fund I-10 improvements in Mobile.
September 3 -
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The Federal Reserve's Office of the Inspector General found inconsistencies in how reserve banks execute their search processes and review stock holdings for prospective directors.
September 2 -
Supply hasn't let up since Tuesday's selloff. Muni yields will likely continue to rise as the new issue market offers investors a "buffet" of options, according to H.J. Sims analyst Tim Iltz.
September 2 -
For the second time in a year, the Texas city's elected officials voted against moving forward with the Inner Harbor project to boost long-term water supply.
September 2 -
State budget writers are under increased pressure to allocate resources to struggling hospitals as the effects of expiring health care tax credits leave more people uninsured.
September 2 -
Federal Reserve Bank of New York President John Williams said Wednesday that inflation expectations remain well anchored, suggesting a "wait-and-see" approach for monetary policy.
September 2 -
State and local issuers should expect cuts in transit and rail projects over the short term, transportation advocates said.
September 2 -
The incoming Bond Buyer Hall of Famer has paired creative banking with relentless execution and client focus across four decades — from pioneering a new muni sector to transforming Jefferies into a market leader.
September 2 -
S&P upgraded Illinois' general obligation bonds to A from A-minus, citing a track record of capable fiscal management. This follows a Moody's upgrade a week earlier.
September 2 -
Rating analysts are tracking the potential departure of the DuPage Water Commission, the largest wholesale customer of Chicago's water enterprise.
September 2 -
Andrew Kalotay Associates Inc. -
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The muni selloff is likely to continue if UST yields stay elevated, according to SWBC's Chris Brigati.
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