Investments

Although November posted the lowest monthly volume total this year, issuance has already exceeded 2019's total and is on track to set a new yearly record in 2020.

After volume in November came in around $19 billion, the lowest since 1999, investors look to December.

It is unclear how or if the merger will affect IHS Markit's current work in the municipal space, but the firm had already been expanding its reach on a global scale.

As state and local governments work to apply the California Supreme Court’s rulings, they are also bracing for the next wave of litigation.

Though President-elect Joe Biden has not provided specifics on the financing of his infrastructure agenda, sources say he will take an "all of the above" approach.

The Regional Transportation District will issue $340 million for Denver Transit Partners, the concessionaire of three Denver-area commuter rail lines for RTD.

Michael Chalker, portfolio manager and senior analyst at LM Capital Group, talks with Chip Barnett about the fixed-income markets and the fallout from the COVID-19 pandemic. (16 minutes)

Illinois will borrow $2 billion through the Federal Reserve's Municipal Liquidity Facility to help manage its 2021 budget gap. The state previously borrowed $1.2 billion from the MLF for its fiscal 2020 pandemic hole.

The Investment Company Institute reported municipal bond funds saw $2.675 billion of inflows in the latest reporting week.

The rating agency cited coronavirus-related curbs on economic activity in the commonwealth.

Sen. Mike Crapo of Idaho, who is expected to become chairman under a Republican Senate, has been receptive to increasing the limit on bank qualified debt.

Fitch Ratings cited concerns about LADWP's debt leverage in setting a negative outlook.

The budget cleared the Chicago City Council Tuesday. Rating agency and buy side reviews on the final plan will come next.

A voter-approved $5.5 billion bond measure gives the California Institute for Regenerative Medicine a new lease on life.

Sources said the JFK deal was massively oversubscribed, allowing underwriters to lower yields from 15 to 45 basis points.

The budget closes a $400 million general fund and health care system gap and rising structural costs without a tax hike

Yellen will inherit an Office of State and Local Finance that has been a low-key operation since it was formed in 2014 to manage the Treasury’s response to Puerto Rico’s economic, fiscal and debt crisis.

The Supreme Court decision in the Aurelius case that the Oversight Board was a local entity affected the U.S. Court of Federal Claims' decision.

He was remembered for an evenhanded persona amid a tumultuous term from 1990 to 1993.

Lawmakers choose a scoop-and-toss move despite calls for better targeting of the federal funds.