Investments

For the coming week, investors will be greeted with a larger new-issue calendar led by large New York and Texas ISD issuers, along with gilt-edged Minnesota selling competitively.

The House and Senate remain at least $120 billion apart on fiscal 2024 spending levels.

Extreme temperatures affecting much of the United States add an additional challenge to hospitals still reeling from the pandemic.

During its quarterly board meeting, the MSRB approved its controversial one-minute trade reporting window and approved a $47 million budget for FY 2024.

"During this critical period for our state's future, I'm looking forward to having Blake Washington on my team," Gov. Hochul said.

Municipal bond mutual fund saw inflows with Refinitiv Lipper on Thursday reporting investors added $552.219 million to funds for the week ending Wednesday following $1.040 billion of outflows the previous week.

Issuers are grappling with struggling transit systems in post pandemic.

The action does not have immediate implications for municipal issuers but could give the muni market a sense of how the SEC is beginning to think about cybersecurity risks.

The second largest Texas city could be headed to a trifecta of triple-A ratings after Fitch revised the outlook on the city's AA-plus rating to positive.

The Investment Company Institute reported investors added $453 million to municipal bond mutual funds in the week ending July 19, after $111 million of inflows the previous week.

A Senate Budget Committee hearing Wednesday examined the fiscal consequences of preparing infrastructure for climate change.

Mayor David Holt says the city and its NBA team can replace the Paycom Center with a bigger facility without raising taxes.

Almost all of the $1.55 billion surplus will go into the state's rainy-day fund, raising its balance to a record $3.7 billion, a 2,700% jump since 2019.

The offered side "has continued to pack the primary market with value to manage their (and the market's) potential downside if disruption did occur; this also helps the context for muni buyers headed into the Fed," said Matt Fabian, partner at Municipal Market Analytics.

The event drew more than 100 people in its inaugural year, and organizers hope to see the same interest this year.

Her prolific coverage and willingness to share knowledge with local reporters brought transparency and accountability to Midwest public finance.

Florida's Division of Bond Finance clarifies the new statewide ban on ESG bonds.

The organization's first ever recommended best practices for State Revolving Funds will be available for public comment through Sept. 30.

As ESG issuance has grown around the globe, so have investor demands, international standards for it and regulatory rulemaking around it. Citi's Aoiffe McGarry and Fitch's Megan Neuburger discuss with The Bond Buyer's Lynne Funk.

"Longer-dated bonds look attractive, as investors are locking in long-term rates before the expected decline in 2024," while "a tremendous amount of money is also invested in the short end of the curve," Nuveen strategists said.