Munis

The amount of outstanding variable rate demand bonds rose to $142.4 billion in the second quarter of this year, a gain over $142.2 billion in the first quarter and the end of a decade-long decline, Moody’s Investor Service said in a recent report.

Linda Howard was tapped for her broad financial experience, said the Orlando-based wholesale power agency.

While the impacts to the Carolinas are still being determined, one expert says the lessons learned from catastrophic events like Florence can be mitigated.

The authority, one of the largest municipal bond issuers, will use the new benchmark to reduce its exposure to Libor, which is slated to sunset.

Incoming NABL president Dee Wisor wants the group to be more active in Washington.

The MSRB is hoping that new guidelines will encourage more conversation between its staff and the broker-dealers and muni advisors it regulates.

One proposal is to use the Chicago water system to fund the Windy City’s public employee pension plans.

State officials have lost two rounds in a lawsuit that says California improperly diverted money intended for homeowners to make payments on housing bonds.

Oglethorpe Power said it will only support completing the new reactors at Plant Vogtle if the other three co-owners agree to a cap on future costs.

Candidates in the mayoral and governor's races acknowledge daunting pension burdens without offering concrete solutions.

Municipal advisors may be subject simultaneously to conflicts of interest that should be fully disclosed under both federal and state law.

MEAG joins two other owners of the Plant Vogtle project voting to move forward; Oglethorpe Power has yet to decide.

The coalition is sponsoring a campaign fundraiser for Rep. Richard Neal of Massachusetts, the ranking Democrat on the House Ways and Means Committee.

Municipal bond issuance is set to drop by half next week as Federal Open Market Committee meets and the third quarter comes to an end.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

Worries about the Fed's monetary policy meeting combined with the looming end of the quarter to keep muni issuance low.

S&P Global Ratings revised its outlook on Nevada's AA rating to positive from stable.

A Carlsbad, Calif.-based San Diego-based firm, Eric Hall & Associates, is accused of being unregistered when it served as municipal advisor to a school district.

Commissioners made no mention of gun policies that led them to oust Citi and Bank of America Merrill Lynch from the deals.

Issuers from Colorado, Minnesota, and Florida led the pack of issuers on Thursday.