Munis

U.S. companies that will be affected by the new global minimum tax hold about 80% of the tax-exempt interest reported by all companies, business groups said.

Washington University will sell $1 billion of new money with tentative plans to offer a mix of 30-, 40-, and 100-year paper.

Fitch said it expects UT to maintain a strong operating performance that could warrant an upgrade in the next two years.

The Virgin Islands Public Finance Authority and Matching Fund Special Purpose Securitization Corporation plans to price $793.025 million of tax-exempt and $124.960 million of taxables.

Idaho will bring its inaugural issuance tapping a new transportation funding stream supported by sales taxes.

Sanchez was instrumental in drafting the municipal advisory regulatory regime during his previous stint at the SEC.

The Municipal Securities Rulemaking Board has closed its second comment period on Rule G-46, collecting three responses.

The enrollment controversy hasn't affected the nine-campus University of California system's bond ratings.

This month the University of Michigan sold $1.2 billion and Michigan State University sold $500 million of taxable 100-year bonds.

The legislation would allow tax-exempt financing for the replacement of privately owned lead service lines.

The Chicago-based organization is more than a quarter century old and intent on growing.

The low-interest federal loans will complete financing packages for Virginia's express lane extension outside Washington D.C. and Maryland’s Purple Line light rail project.

Forty-one of the state's 115 school districts are floating bond measures or seeking tax levy increases.

The MSRB’s annual fact book, released on Wednesday, shows that par amount trading volume was down 28% in 2021 when compared with 2020.

The Turnpike Authority is gearing up bond financing for a $5 billion capital plan, and will pick a team of underwriters and others later this year.

The University of Michigan follows Michigan State this month in joining the club of universities offering 100-year bond maturities.

In a Bond Buyer survey, 57% of participants believe issuance will be less than $475 billion. Additionally, 47% said ESG would have the greatest impact on the public finance industry in 2022.

“I want to break ground next year,” Kentucky Gov. Andy Beshear said.

February volume was $26.481 billion in 594 deals versus $37.052 billion in 981 issues a year earlier, bringing total volume for the first two months of the year to $51.426 billion, or 20% less than 2021.

SIFMA had argued that the SEC's temporary exemption order for municipal advisors was arbitrary and capricious.