Investments

Investors pulled more from municipal bond mutual funds in the latest week, with Refinitiv Lipper reporting $3.548 billion of outflows, down from $4.106 billion of outflows in the previous week.

The future is uncertain and population shifts may take decades, but city officials need to start preparing for climate-driven migration now, says a new report.

A lot is at stake for facilities like Los Angeles International Airport, which has a $15 billion capital improvements program underway.

Through BondLink’s new ESG solution, the system provides investors with updates on an ongoing basis — not just at the time of sale — about the projects selected, their progress and any potential impacts.

The Municipal Securities Rulemaking Board’s second quarter meeting will feature discussion of one of the board's more controversial recent publications.

Several additional steps would be needed before the private operator of the transmission and distribution grid would be removed.

The Investment Company Institute reported investors pulled $7.2 billion from municipal bond mutual funds, the largest figure since the outlier months of March 2020 when investors yanked $24 billion in two weeks.

The budget represents a turn-around as the county got a handle on pandemic-related expenses.

Alex Wiggins, CEO of the New Orleans Regional Transit Authority, said it will be looking at a combination of bond authority and public-private partnerships to help pay for transportation infrastructure projects.

The two active municipal bond insurers wrapped $8.176 billion in the first quarter of 2022, a 3.25% decrease from the $8.442 billion of deals done in the first three months of 2021.

Kaufman Hall & Associates, Municipal Capital Markets Group and Montague DeRose & Associates moved up into the top 10.

Steven Washington joined Chapman and Cutler this week as a partner.

Having completed its first flood management P3, the Army Corps is embarking on a pair of P3 financings to restore urban ecosystems.

The significant cheapening of municipals in recent weeks continues to create headwinds for the overall tax-exempt market on a daily basis.

ESG investing has grown complex enough that it’s time we recognize what strategy or product is best suited for a given situation.

Recognizing what ESG strategy or product is best suited for a given situation is a crucial first step for the market to establish long-needed standards and guide usage into the effective outcomes participants wish to see.

Outstanding governmental debt totals approximately $719 million and utility debt stands at roughly $200 million, according to Fitch Ratings.

The Iowa Fertilizer Co. will refund its Midwestern Disaster Area revenue bonds with a new structure that yields higher Fitch, Moody's and S&P ratings.

Oklahoma hopes to close on a federal loan this summer for rural highway construction and improvements that would tap into $200 million of borrowing authorized by a 2021 state law.

Investors pulled more from municipal bond mutual funds last week, with Refinitiv Lipper reporting $4.106 billion of outflows, bring the total to $22.3 billion of outflows year-to-date.