Investments

August may have one of the highest tax-exempt volume totals on record, according to J.P. Morgan analysts — don't expect it to let up.

The announcement — which affects the 10- to 30-year part of the curve — sent longer-term UST yields falling up to 10 basis points on Wednesday.

Brightline West bondholders agreed to give Brightline more time to secure a $400 million equity contribution that was originally due on March 31.

Law firms, think tanks and advocacy groups are digesting the ROAD to Housing bill and offering strategies to municipalities about how to maximize the public finance benefits.

Financing for a nearly $500 million long-term investment plan would include as much as $250 million of revenue bonds that could be sold next year.

Like state governments, most cities and counties remain on "solid footing" given high reserve levels and conservative budgeting, BofA strategists said.

A report by Ceres found climate risk — and climate resilience — disclosure uneven after a review of offering documents from 60 recent municipal bond sales.

Munis are beginning to see headwinds and mixed technicals as a strong summer winds down, according to Municipal Market Analytics' Kevin McGuigan.

The ratings agency cited strong financial metrics and affordable utility rates.

The draft RBP "updates and augments" an RBP on LSTs released in 2000, the NFMA said.

The Metropolitan Washington Airports Authority voted to move forward with plans for a $20 billion makeover of Dulles Airport, clarifying how the project will be financed.

The Oklahoma audit uncovered "complex financial schemes" allegedly by a former Tulsa Public Schools administrator that involved $3.73 million in bond proceeds.

Puerto Rico's electric authority, mired in nine-year-old bankruptcy proceedings, is running low on cash and its efforts to reduce outages aren't succeeding.

The previous record was $3.8 billion as part of the Georgia SR-400 Express Lanes project.

After a weak two days, munis are turning around thanks to strength in USTs, said Chad Farrington of DWS.

Municipal bond volume currently stands at $372.991 billion in 2026, up only 0.8% from $370.022 billion at the same time last year.

Less than 5% of U.S. desalination projects are public-private partnerships.

Belmont University is among investment grade, well-known institutions dealing with more financial pressure due to a shrinking pool of undergraduates.

Wisconsin's WHEFA will issue $75.985 million of tax-exempt bonds for a developer to convert two Milwaukee apartment buildings to affordable housing.

The professionals are expected to strengthen Raymond James' abilities in land-secured public finance.