Corporate finance

With volatility and illiquidity realities for the foreseeable future, insights into new-issue and secondary pricing are critical.

ETFs pulled in just more than $2 billion in February while muni mutual funds saw $8.5 billion of outflows.

A HilltopSecurities survey found skilled nursing and senior living as the sectors they were most concerned about for 2022.

Experts share their insights on the current state and road ahead for the public finance sector.

The Municipal Securities Rulemaking Board’s new report on the use of internal and external liquidity in the municipal bond market shows that for transactions under $100,000 external liquidity has steadily increased since 2011.

A proposal from the Ohio Treasury would provide a new enhancement for state-purchased public university debt and offer a backstop for hospitals' VRDOs.

Monday’s vote was the start of the process of allowing lawmakers to work on the approximately $12 billion state budget in a conference committee.

Texas saw sales tax revenue fall 5% in December, ending a dark year of pandemic and lower oil prices.

Garden State revenues increased in November based on recently enacted tax increases, but analysts say a sustained fiscal rebound hinges on progress confronting the COVID-19 pandemic.

Revenues for the year came in $8.7 billion above projections in the fiscal 2021 budget, but expectations were down.

About 500 of Raymond James' workforce will be cut because of a decline in earnings due to low interest rates and the pandemic-induced economic downturn.

Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.

Proceeds from the sale would go to providing direct grants to non-profit organizations.

Members of both parties raised concerns that the requirements for participating in the Municipal Liquidity Facility and Main Street Lending Program are too restrictive to benefit smaller localities and certain midsize firms.

The congressional letter emphasizes that Congress wants the Fed to expand its support for the municipal bond market beyond the scope of the Municipal Liquidity Facility.

Chris Brigati, managing director of Advisors Asset Management talks about approaching the market with strategies in mind, but adapting to the realities of today. He shares concerns over liquidity and the challenges for cautious investors. The session was recorded two weeks ago. John Hallacy hosts.

The central bank said its program to support money market mutual funds will also serve as a backstop for state and local governments.

Career veterans call fallout from COVID-19 concerns on the municipal market worse than that of 9/11 and the 2008 financial crisis combined.

Municipals will join corporates, Treasuries, agencies and certificates of deposit in the suite of products.

Improved liquidity, spreads, and flows prompt some first-quarter adjustments.