Investments

The New York mayor rolled out his $92.3 billion preliminary spending plan with warnings about federal and state variables, more pronounced amid the COVID-19 crisis.

Powell, speaking on a livestreamed event, said interest rates will be raised "no time soon" and there will be plenty of notice "well in advance of active consideration."

Mayor Adrian Perkins put the bond proposals before the City Council and asked for a vote on a special April 24 election on four bond referendums.

Pedro Pierluisi wants to make sure that employees are not dismissed and don't lose their benefits, among other things.

“I couldn’t be more pleased to learn that Alabama will be the new home to the United States Space Command," said Alabama Gov. Kay Ivey.

State Treasurer Dale Folwell said his office was rewarded for staying the course on a decades-long conservative management strategy.

The new Democratic Senate majority makes the path to enacting muni-friendly policy easier than it has been for years.

The Foothill-Eastern Transportation Corridor Agency in California has slated a tender offering exchange for Jan. 21 ahead of a Jan. 25 advance refunding.

Municipal bonds continue to ignore UST and ICI reports $2.67 billion of inflows. While CPI should stay soft through the first quarter, expectations for future inflation should be considered.

Former state Treasurer Jay Rising will take the helm of Detroit's finances next week, replacing Dave Massaron.

These 20 mutual funds and ETFs here are home to roughly $45 billion in assets.

Muni to U.S. Treasury ratios hover near the lowest point in a decade and analysts see little impetus for munis to catch up in the near term.

Ambac says that PROMESA is against the Constitution's call for uniform bankruptcy codes.

The city has suffered tax and economic blows from COVID-19 but has weathered the impacts with adjustments to its roughly $1 billion budget.

Hempstead, N.Y., Supervisor Donald X. Clavin Jr., talks about the town’s receipt of $133 million of CARES Act federal funding and the subsequent credit rating upgrade by Moody’s during the COVID-19 pandemic. He speaks about how the town’s conservative budgeting helps bolster its financial position during tough economic times. Andrew Coen hosts (24 minutes).

A new policy framework supports “enhanced bond financing incentives that can be used to improve water quality and reduce other environmental stressors.”

The Muni New Issue Upload Form was created to expand access to additional deal participants and streamline the submission process for the forward calendar.

If you are underbanked you probably have limited access to mainstream financial services normally offered by retail banks. Many fintech startups offer alternative ways to measure credit risk, and assert that their products can help extend financial services to consumers who have not been well-served by traditional banks.

Municipals were little changed Monday as participants await the larger new-issue calendar while equities and U.S. Treasuries react to news out of Washington and COVID-19 ravages the globe.

As issuance rose in 2020, so did municipal bond insurance usage, with $34.167 billion wrapped, or 7.5% insured total issuance from almost 5.7% in 2019.