Munis

Brown convened the special session for budget talks, but also anticipated talk on policy items, like police reform.

Changes to the MSRB come a year after the proposal of legislation that would decrease the size of the board and increase the cooling off period for public board members.

Total municipal CUSIP requests fell in July after three months of increases, according to CUSIP Global Services.

The Florida Department of Transportation continues litigation in an attempt to terminate the Miami-Dade County Expressway Authority.

The Illinois Public Pension Fund Association says POBs could offer a potential fix for some but some market participants urge caution due to POBs' perils.

The drop in tourism amid the coronavirus pandemic has resulted in a downgrade of Hawaii's ratings by Moody’s Investors Service affecting $9 billion in outstanding debt ahead of the state’s plans to price $900 million of taxable bonds Wednesday.

With convention and hotel taxes plummeting, Lexington is financing up to three years of debt service to avoid default and backing the deal with a GO pledge.

Municipal issuers continue to swarm the muni market with taxable muni deals, as July accounted for $42.6 billion — the highest total for the month since at least 1986.

The letter, which includes signatures by 42 Republicans, requests an enhancement to the 4% Low-Income Tax Credit.

Jacksonville-owned JEA and Georgia-based MEAG agreed to settle litigation over JEA's agreement to buy power from reactors under construction in Georgia.

Muni yields fell by as much as three basis points, according to readings on the AAA muni scales. However, some traders and analysts said this market is too tight given COVID-19 threats. Lipper reported $1.8 billion of inflows in the latest week.

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.

Municipals were little changed as all eyes focused on the primary.

The New Jersey megamall owners' missed mortgage payments for another property compound investor concerns.

Florida TaxWatch and environmentalists are urging Florida lawmakers to stop planning for the Suncoast Connector and others before millions are spent.

Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.

Market participants say issuer coronavirus disclosures have stagnated due to tax season and issuer fears of future legal ramifications.