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Markets were somewhat comforted by Federal Reserve Bank of Atlanta President Raphael Bostic’s comments suggesting the Fed will not be as aggressive as the markets suspect.
February 9
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Gross savings from the transaction is expected to be $378 million, or about $11 million a year, which would result in around $250 million in net present value debt service savings.
February 9
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Dennis Reilly will leave the conduit issuer after 26 years to focus on establishing a not-for-profit lending footprint for Fifth Third in Wisconsin.
February 9
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The unrest potentially has short- and long-term impacts on the local government and its finances, analysts say.
February 9
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The Federal Reserve Bank of Boston announced Susan Collins, provost and executive vice president for academic affairs at the University of Michigan, will become its next president effective July 1.
February 9
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The 70-page report homed in on some muni-specific risks uncovered during examinations.
February 9
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Jim Burton, a municipal bond specialist with three decades of industry experience, will lead the national municipal sales team at financial services network StoneX Group.
February 9
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A selloff in Treasuries didn't throw Washington's deal off course, according to the treasurer's office.
February 9
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It's the latest salvo in a growing controversy over the Federal Highway Administration's December memo discouraging states from building new highway capacity.
February 9
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S&P Global Ratings has revised the outlook to positive from stable on the Bluegrass State and affirmed the A issuer credit rating.
February 9
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The state of Washington sold $743 million of general obligation bonds in the competitive market at similar spreads to its November sale while some issuers have moved to the day-to-day calendar.
February 8
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Judge Laura Taylor Swain's action allows LUMA Energy to continue to operate.
February 8
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Mamtek US's long-running Chapter 7 bankruptcy is expected to pay out $1.6 million to the trustee for the $39 million defaulted Moberly, Missouri, bond issue.
February 8
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Many Infrastructure Investment and Jobs Act funds can't flow without a FY22 budget
February 8
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Bond Dealers of America's Brett Bolton sits down with Kyle Glazier to discuss the group's latest advocacy efforts and the outlook for legislation critical for the municipal market. (18 minutes)
February 8
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FINRA found that Michael Mancinelli improperly exercised discretion and caused his firm to have inaccurate books and records.
February 8
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Susana Mendoza argues that a budget plan that would use surpluses to pay down bills and raise pension contributions shows the state is on the right fiscal path.
February 8
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Washington will bring $742 million of general obligation bonds in competitive sales Tuesday, providing guidance for triple-A benchmark yields.
February 7
