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The Municipal Securities Rulemaking Board has announced its fifteen-member Compliance Advisory Group for the 2023 fiscal year, which includes eleven women and four men.

Projections for total bond volume in 2023 are at a high of $500 billion and a low of $302 billion, continuing 2022's lackluster growth.

The hospitals are facing higher costs amid dwindling pandemic-related federal aid, although urban facilities are faring better than those in rural areas.

Daily report for December 12, 2022

The high-profile members of the Senate Banking Committee have joined forces on legislation that would subject the Federal Reserve's 12 regional banks to the Freedom of Information Act and other disclosure mandates.

The state sees a fix to budget problems and is betting big on three downstate casinos to pad its coffers.

Investors will be greeted Monday with a new-issue calendar estimated at $3.214 billion, the majority of which is a nearly $1.9 billion private activity P3 bond deal from Pennsylvania.

The downgrade of Kaweah Delta Health Care District's revenue bonds to Ba1 affected $218 million of debt.

Arrick was formerly a managing director and healthcare group leader for S&P Global Ratings.

The borrowing, which will be backed by availability payments, will finance the first six of the state's nine-span Major Bridges P3 program.

Puerto Rico bankruptcy Judge Laura Taylor Swain approved the Oversight Board's request for five more days.

Daily report for December 09, 2022

Refinitiv Lipper reported $46.912 million was added to municipal bond mutual funds for the week ending Wednesday after $1.394 billion of outflows the week prior.

Illinois' unfunded pension tab improved slightly in 2022 because 2021 returns still play a role in the actuarial assessment through smoothed investment returns.

The trade group is adding the operations group to boost fixed income expertise.

If a recession comes in third quarter, the forecast's economists said it will be mild and brief for both the nation and California.

Washington's new measure to clean up Puget Sound would require billions in borrowing over the next decade, including up to $14 billion in King County alone.

While the MSRB's compliance resources are not a rule and it has not been filed with the SEC, one can infer that following the same will be beneficial should the SEC inquire.  

Daily report for December 08, 2022

"Yield curve inversion deepens and nears a four-decade low which is clearly setting up this economy for a recession that won't be a mild one," OANDA's Edward Moya said.