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The San Benito Health Care District board declared a fiscal emergency, a first step to declaring Chapter 9 municipal bankruptcy under California law.
November 9
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After four hurricanes and 11 insurer insolvencies, a $458 million deal for the Louisiana Insurance Guaranty Association supplies capital to pay claims.
November 9
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With midterms over, the action now turns to lame-duck legislation that may impact the muni market.
November 9
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It appears to have been a good time to request bonds as most of the largest issues were approved.
November 9
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Republican control of the House would bring leadership changes to key finance and tax-writing committees that affect the municipal bond market.
November 8
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The market has seen outflows for 13 straight weeks, per Refinitiv Lipper, but Nuveen strategists Anders S. Persson and John V. Miller said "selling is due primarily to investors harvesting tax losses."
November 8
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Revenues were up while economic activity slipped, with some observers suggesting Hurricane Fiona may have had a negative impact on the economy.
November 8
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Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.
November 8
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The $2.1 billion project could appear on the May 2023 ballot if the Tempe City Council approves it and potential petition drives launched to require voter approval are successful.
November 8
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Federal Reserve Bank of Richmond President Thomas Barkin said the U.S. central bank will "persist" in its efforts to bring high inflation under control.
November 8
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Larry Kosmont, chairman and CEO of Kosmont Companies, discussed the interplay between state and local governments as electeds work to solve the state's housing crisis with Keeley Webster, a senior reporter for The Bond Buyer. (18 minutes)
November 8
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Voters will decide on more than $60 billion of bond ballot measures Tuesday with New York voters faced with the largest amount at $4.2 billion.
November 7
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The appeals court judges seemed unmoved by the arguments.
November 7
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JobsOhio liquor profit, state revolving fund and GARVEE bonds scheduled to hit the market over the next two weeks.
November 7
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FINRA accused the firm of negligently misrepresenting monthly account statements.
November 7
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Coconino County has issued debt to fund its prepayment to the Arizona State Retirement System, while Pinal County has a bond sale pending.
November 7
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ICE TMC, part of ICE Bonds, provides market participants access to an all-to-all market for trading munis and other bonds.
November 7
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Federal emergency aid, while protecting against downgrades and defaults in areas hit by extreme weather, won't bail out areas that face less visible climate effects like rising heat.
November 7
