Munis

Panelists at this year's GFOA Minimuni Conference remarked on how difficult an environment it is for issuers and why recognizing this is essential for voluntary disclosure.

As valuations got richer after muni outperformance this week, Barclays strategists expect munis to be "truly tested in the next several weeks, with supply picking up."

Despite the sticker shock of rising rates, yields in fact are at average levels for over the last 30 years, panelists said at the GFOA's MiniMuni conference.

Funds invested into risky private equity and real estate could flow into bonds

Peter Lam has served as bond counsel to state and local issuers for public and privately placed bond issuances.

A rising number of states levy a tax or fee on electric vehicles, but a new Senate bill would enact the first federal tax.

California-based Fulcrum Bioenergy will build a facility in Gary that converts household garbage into sustainable synthetic aviation fuel.

Economic and demographic trends working against revenues at U.S. higher education institutions are very evident in West Virginia at the start of the school year.

Investors and ratings analysts look beyond the bevy of local hospitality taxes backing MetPier's debt to the state sales tax that acts as the paper's ultimate security.

Escalating operating losses led to bond rating downgrades for Wise Health System ahead of its potential acquisition this quarter.

Fitch Ratings replaced its negative watch with the negative outlook, citing the lack of clarity around contractor claims of cost overruns.

September's total volume ticked up 1.2% to $27.585 billion in 531 issues from $27.251 billion in 592 issues a year earlier. However, the month's total is lower than the $30.652 billion 10-year average, according to Refinitiv data.

The Amtrak-Texas Central proposal to build high-speed rail between Dallas and Houston would take land "from American citizens and put it under the control of a Japanese company," a pair of Texas Republican representatives told the FRA.

"The major question is whether a shutdown is going to result in a ratings impact in the municipal market, and the answer here is no," said Jennifer Johnston, director of research for Franklin Templeton's fixed income-municipal bond team.

Final state approval of the debt was conditioned on the resolution of a petition to the Oklahoma Supreme Court to revisit its Aug. 1 validation of the debt.

Data for the second quarter show the face amount of munis outstanding rose 0.4% quarter-over-quarter, or $15.5 billion, to $4.043 trillion.

The rating agency removed the negative outlook it had assigned after the community college district's accreditation was threatened.