Munis

Districts that once enjoyed easy passage of bond proposals faced surprisingly negative response in the November election.

The Commission’s enforcement results highlight the importance of proper disclosure.

The Municipal Securities Rulemaking Board will begin accepting applications for two public and two regulated representatives to join its 15-member board.

Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.

Illinois local governments weighed down by rising public safety pension contributions are turning to pension obligation bonds.

President Joe Biden Monday signed into law a $1.1 trillion infrastructure bill.

The speculative grade bond sale is part of the financial process of returning the Phoenix-based university to nonprofit status after years as a for-profit.

The inability to advance refund has cost issuers up to $10 billion since 2020, according to Municipal Market Analytics, a figure lobbyists hope will help make their case.

By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.

A planned 4,500-bed dorm at the University of California Santa Barbara comes as the neighboring city threatens to sue over a lack of on-campus housing.

This Fixed-Income Pricing and Valuation (FIPV) Division will use BDA resources to represent professionals who price and value securities portfolios.

Dallas Area Rapid Transit is enjoying a lift in tax revenues amid a drop in ridership during the pandemic.

CDFA is advocating for a holistic solution from Congress to address private activity bond challenges.

The municipal bond market is closely watching proposals from the House and the Senate to overhaul the SALT federal deduction cap.

"Compromises had to be made," Neal said about muni market proposals being dropped from the Build Back Better agenda.

The Illinois State Toll Highway Authority plans $600 million of borrowing next month and $500 million next year as its 15-year-old capital program remains in full speed ahead mode.

SEC Chairman Gary Gensler focused much of his comments during SIFMA’s Annual Meeting on why he considers himself to be just getting the ball rolling on climate disclosures.

Texas voters are considering an array of local bond measures to fund projects for schools, cities and counties.

A lighter, $5 billion calendar, heavy on healthcare, kicks off November. Most participants agree volatility in U.S. Treasuries will be a leading factor for municipal market performance. Uncertainty in Washington also isn't helping the asset class.

October has, on average, been the heaviest new-issue month of the year. Analysts said the lower volume, particularly taxables, was led by many issuers sitting on the sidelines, waiting for a potential package from Washington, D.C.