Munis

While issuance fell significantly from 2020, it was higher than January's and only the fifth time in 35 years that volume exceeded $30 billion in February.

Bills to expand the use of tax-advantaged bonds that are being reintroduced in the new Congress have favorable odds for being signed into law this year.

Taxable deals and refinancings fueled the 2020 volume spike as issuers adjusted to the coronavirus. The pandemic still looms over 2021.

The shift was due mainly to the growth of separately managed accounts and other alternative ways that retail investors get involved in the market.

BATA brings a refunding deal to market next week, buoyed by a financial position that stood up to the stresses of the COVID-19 pandemic.

The deal was the largest in the authority’s history, with the lowest ever interest rate for one of its sales and netting a record-breaking $112 million in interest cost savings.

California treasurer Fiona Ma named Nancee Robles to head the California Tax Credit Allocation Committee and California Debt Limit Allocation Committee.

Jonathan Bowles of Center for an Urban Future explores how New York City could benefit from a green public works program. He also calls for unlocking the potential of CUNY and improving the city's capital construction process. Paul Burton hosts (17 minutes).

Disneyland amusement park in Anaheim has been closed since March as California struggled to reduce its COVID-19 numbers.

San Francisco Unified School District's rating was lowered a notch to Aa3 by Moody's Investors Service.

The city, struggling amid a pandemic-induced deficit, received a negative outlook from Kroll Bond Rating Agency ahead of the deal.

The firm's leaders say Hilltop Securities sees growth opportunity in municipal bond underwriting, while financial advisory services will "grow selectively."

Much of the material being retired dates back more than 35 years.

The California School Finance Authority has received 148 applications from districts and charter schools seeking to borrow almost $1.4 billion.

HJ Sims has used Cinderella bonds, tender offers and forward deliveries to help senior living clients refinance without tax-exempt advance refundings.

The taxable refunding will lower debt service obligations for the airport car rental facility, hit hard by the coronavirus pandemic, through fiscal 2025.

Steven Kantor and Kayla MacEwen join a team that has mostly come from Hilltop, expanding Texas-based Masterson Advisors' reach deep into the Northeast.

The $136 million refunding is also backed by the state's appropriation pledge; a political dispute over how to handle unclaimed property was resolved last year.

Acacia and Estrada grew substantially.

McCall Parkhurst & Horton and Norton Rose Fulbright moved up in 2020 to second and third.