Munis

The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.

The New Mexico capital claims the state's first certified green bonds and first anaerobic wastewater treatment plant with Climate Bond Initiative certification.

Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.

Timely and complete accounting and financial reporting are as critical to municipal professionals as is disclosure, according to Jeffrey Previdi, GASB vice chairman. Long-standing standards and practices are being brought up-to-date to remain compatible with today's rapid-paced changes. John Hallacy hosts.

Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.

Lawmakers are weighing legislation that would authorize $100 million of special purpose revenue bonds to build and operate the plant.

The audit includes $121.5 million in Series 2011 T direct-pay qualified zone academy bonds and four Series 2011 R taxable of school construction bonds that totaled $ 756.4 million.

Michael Decker has been managing director and co-head of municipal securities at SIFMA since October 2009.

The region's municipal bond industry insiders saw a silver lining in a 21% increase for new money volume.

Note issuance declined in 2018 as a result of tax reform, rate fears, and ongoing fiscal austerity sparked by state and local revenue growth.

Development was down 50.4%, healthcare was off by 42.7%, and electric power declined 40.1%. The slides compared with an overall decline of 23.5% in total issuance.

IHS Markit Ipreo forecasts weekly bond volume will increase to $4.9 billion.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Municipal bond buyers are looking forward to a more robust new issue slate for next week.

Careful reading of the amendments reveals that there are three types of events — not just two — which may have to be reported.

The Federal Energy Regulatory Commission said it had no authority over JEA’s agreement with the Municipal Electric Authority of Georgia to buy nuclear power.

Municipal bond buyers gave a warm reception to the two deals totaling $473 million.

The Florida Development Finance Corp. has been asked to approve a third private activity bond allocation for Brightline/Virgin Trains.

A large municipality with strong legal representation will draw attention, even from those skeptical of whistleblower suits alleging bank fraud in the variable-rate demand obligation market.

The household sector owned 42.2% of the nation’s $3.83 trillion in municipal securities in the second and third quarters of 2018, according to Federal Reserve data.