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Bond trustee UMB Trust has engaged Lighthouse Management Group to serve as the receiver.
February 28
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February's volume was at $33.725 billion in 622 issues, up 1.6% from $33.191 billion in 614 issues in February 2024, according to LSEG data.
February 28
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Issuance in the Far West was up 30.8% year-over-year to $98.9 billion. Muni market observers say issuers tried to beat the uncertainties of the election.
February 28
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It marks a major step forward for the long-stalled high-speed train project between Dallas and Houston.
February 27
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The planned fiscal 2026 increase in bonding is expected to continue for several years.
February 27
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The House moves the ball forward in the budget battle with an approved plan as public finance leaders lay out the strategy for saving the tax-exempt status of municipal bonds which provides a tempting target for lawmakers searching for ways to pay for promised tax cuts.
February 27
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The Senate hearing comes as lawmakers start to shape the next surface transportation bill.
February 27
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Chicago's City Council on Wednesday approved the sale of $830 million of general obligation bonds that Mayor Brandon Johnson says will fund infrastructure improvements.
February 27
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Volume in the Southeast was up 46% in 2024, led by Florida, where municipal bond sales more than doubled to $27.49 billion.
February 27
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The rating agency said the one-notch downgrade, which comes ahead of a bond sale, was due to weaker operating performance and liquidity.
February 26
