Buy side

The Securities and Exchange Commission's settlements with issuers under its continuing disclosure enforcement initiative will not impact specific rating determinations but will be an important component of analyzing an issuer's credit fundamentals, analysts from S&P Global Ratings said in a report on Monday.

Ziegler, the oldest healthcare focused investment bank in the country, is becoming one of the biggest players in the specialty as well.

The legal decisions governing public pension developments tell a complicated story.

U.S. municipal pensions, weakened by decades of underfunding, now face a demographic double-whammy:people are living longer and baby boomers are reaching retirement age.

In the week ended Aug. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose one basis point to 3.80% from 3.79% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation.

Most of the top 10 debt-issuing states have only a limited ability to weather even a moderate recession, S&P Global Ratings said Tuesday.

Financial services technology provider Ipreo has launched a new municipal bond platform aimed at giving the company's customers a much more detailed look at how and to whom their bonds are selling.

At its recent investors’ conference, Chicago impressed analysts with a new plan to rescue the largest of the city’s four pension funds, but several attendees said the smooth presentations didn’t erase their worries about the city’s pensions and its budget.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased one basis point to 3.79% from 3.80% in the previous week.