Munis

Municipals finished little changed ahead of this week's new-issue slate while retail investors are coming back into the market.

UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.

The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.

Yields have essentially remained flat since mid-June as the market has digested new issues well and investors are starved for paper, especially tax-exempts.

Marc Pfeffer, chief investment officer at CLS Investments, talks about today’s municipal bond market and looks to the future.

The audit reported "significant evidence" of malfeasance at the Sweetwater Union High School District and cast a skeptical eye on why it chose a bond rater.

A state appeals court rejected the one of the state government’s attempts to eliminate the Miami-Dade Expressway Authority, but the legal battle continues.

Long Island county looks to offset COVID-19-related revenue losses.

The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.

Citing market turmoil from the pandemic, a California conduit issuer gave the Virgin Trains USA project a five-month extension to sell $3.25 billion of debt.

The bipartisan Modernizing Agricultural and Manufacturing Bonds Act would expand the small issue manufacturing bonds and first-time farmer bonds programs.

Dallas-Fort Worth International Airport has $875 million of tax-exempt refunding deals coming up and a $`1.1 billion taxable refunding in the wings.

Municipal bonds finished mostly steady on Friday ahead of a $7.2 billion holiday week new issue calendar.

The changes could affect up to 20% of the 3,000 districts that Moody’s rates by one notch.

As some states see new coronavirus lockdowns, municipals maintain stalwart position.

Rep. French Hill, R-Ark., said the SEC's temporary relief for MAs to facilitate some private placement deals without registering as a broker-dealer should not have been created through exemptive relief.

Cooper Howard, director of fixed income strategy at the Schwab Center for Financial Research, talks about the bifurcation in the market and what investors should look at during the rest of the year.

Municipal bond funds and ETFs saw combined inflows of $2.942 billion in the week ended June 17, ICI said.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.

Student housing projects financed through public-private partnerships face a far more lethal blow if the coronavirus pandemic prevents college campuses from opening this fall.