Investments

The funding would come on top on multi-billion measures proposed by lawmakers — and a $100 billion in spending included in President Joe Biden’s infrastructure plan.

Recent one-time funds from the American Rescue Plan Act and higher-than-projected revenues for many states are in many cases being put into infrastructure.

The authority appears ready to take advantage of market conditions following a successful December refunding.

The current prohibition against tax-exempt advance refunding was used as a minor pay-for in the GOP’s Tax Cuts and Jobs Act that cut personal and corporate tax rates.

Assured Guaranty and National Public Finance Guarantee continue talks with the Puerto Rico Oversight Board.

The municipal bond industry faces many obstacles and opportunities from the pandemic. But 83% of surveyed participants think munis have made it through the worst.

Susan Courtney, head of the Municipal Bond Team at PGIM Fixed Income, talks inflation, muni credit in COVID times and infrastructure. (27 Minutes) Lynne Funk hosts.

A Biden executive order may lead to the expansion of a central Puerto Rico industry — pharmaceuticals.

Municipal bond industry leaders weighed in on their expectations for 2021 during a panel discussion at The Bond Buyer's National Outlook Conference.

Biden's $2 trillion infrastructure proposal, combined with the shortened week and the arrival of the second quarter, took attention away from the muni market.

The first quarter of 2021 concludes with $102.1 billion, slightly higher than the $95.3 billion that the market saw in the COVID-ravaged first quarter of 2020.

Municipal bond provisions were not mentioned, but stakeholders expect those details to be hashed out in what is likely to be a protracted battle in Congress.

Gov. Ralph Northam and U.S. Secretary of Transportation Pete Buttigieg announced the agreements with Amtrak, CSX and Virginia Railway Express.

Larger fund flows, lower supply and optimism surrounding issuer credit post-stimulus allowed for a March price reversal that avoids posting two consecutive months with losses. The consumer confidence index jumped to its highest reading in a year in March.

Merritt Research Services highlights "unsung disclosure heroes" while reporting little change in most issuers' sluggish pace at releasing audited financials.

Transportation fare and tax revenues lost to the coronavirus can be countered with federal relief funding, says the Illinois Economic Policy Institute.

Municipals continue to outperform Treasuries amid a light holiday-shortened week led by a California tobacco deal.

The bill comes days before the Biden administration will reveal its infrastructure plan. Sources have said municipal bond provisions are likely to be included in an infrastructure package.

The National Federation of Municipal Analysts said its white paper is a disclosure template for future events such as large-scale tropical storms and wildfires.

A trio of municipal bond analysts say now is the time for investors to take advantage of the strength and resilience of the asset class.