Rising interest rates depressed refunding opportunities, but new money issuance rose amid demand for infrastructure to serve the region's growing population.

Citi was barred from underwriting government bonds in Texas under a state law prohibiting contracts with companies that "discriminate" against the firearms industry.

Recent federal legislation marks the largest investment in carbon management in the history of the U.S., which is already a global leader in the space.

Todd Russ, who took office Jan. 9, is vetting banks and financial institutions to determine if they are 'boycotting' Oklahoma's fossil fuel industry.

"The main point is that this is a change primarily in name only," said Ben Watkins, head of the state's Bond Division. "There will be no impact on debt whatsoever."

A panel of experts at The Bond Buyer's National Outlook Conference discussed the opportunities surrounding ESG for both investors and issuers.

Prior to last year, there were varied expectations from investors that led to confusing directions and expectations for issuers. In other words, there was a lack of consistency from investors on ESG matters.

The city received $217 million of retail orders — a rarity in Illinois where local bonds don't benefit from state tax exemption — and interest from 11 ESG funds.

The company transferred its second party opinion business and analytical staff to Moody's Investors Service from Moody's ESG Solutions in October.

The Texas attorney general's office determined a Citigroup commercial firearms policy does not comply with a 2021 state law prohibiting state and local government contracts with companies that discriminate against the firearms industry.