Munis

The study provides the first rigorous quantitative evidence supporting the widely held belief that the municipal bond industry benefits from the classification.

VRDO reset rates in California consistently were too high to be justified, a new filing contends.

The $3.7 billion measure would do more than just fix and replace schools. It could remedy an historic injustice, officials say.

Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.

The week ahead will see a variety of muni bond issues — from down South to up North, from green bonds to social bonds. Taxables are well represented.

A COVID-19-driven decline in lottery revenue led Oregon postpone a $302 million bond sale because the deal wouldn't meet an additional bonds test.

Several groups are arguing their case to keep their seats on a smaller board.

The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.

New York issuers jump in for retail and Texas Transportation also makes an appearance as attractive low yields lure more issuers in. However, some participants say caution is warranted as the coronavirus spread widens in the South and West.

New York Federal Reserve President John Williams said the transition away from Libor “continues to be of paramount importance.”

DFW reported present value savings of more than 27% from this week's current refunding of $489.5 million of tax-exempt bonds.

A new law allows state agency Space Florida to sell revenue bonds for private aerospace firms without requiring approvals from the state governor or cabinet.

COVID-19 has put large burdens on state and local coffers and new business for the municipal bond insurers, generally, has increased.

There were a few changes in the top municipal bond counsel rankings, with the only spots staying the same numbers one and 10.

Coronavirus-related disclosures last week reached to just over 600 filings, but it is still a far cry from just less than a month before which saw 1,200 filings.

Hamden received its second hit from the rating agencies in four days when Fitch lowered the town's general obligation bonds to BBB.

State University of New York refinancing could offset lost revenues from expected declines in student housing revenue stemming from the COVID-19 pandemic.

Moody's Investors Service and S&P moved their outlook the Detroit-based university's ratings to negative as the Michigan state school prepares to sell bonds.

Supply-hungry buyers look forward to all of the week's new bond issues.

Long-dated municipals end strong as new supply hits the screens while taxable issuance continues its run to near-record levels.