-
There are $8.127 billion of negotiated deals on tap and a mere $367.4 million of competitive loans slated, none over $100 million. Thirty-day visible supply totals $9.9 billion and net negative supply is at $8.4 billion.
December 10 -
Quincy officials say they are getting out front of a state directive for full local funding by 2037.
December 10 -
Illinois local governments weighed down by rising public safety pension contributions are turning to pension obligation bonds.
November 16 -
The city's high leverage drew a two-notch Moody's downgrade ahead of a pension obligation bond deal to pay the unfunded liabilities of its public safety plans.
September 23 -
The taxable bonds will reduce the unfunded actuarial liability of, and employer contribution rates to, the Kansas Public Employees Retirement System.
August 16 -
Mayor Jorge Elorza’s $850 million POB proposal sits stalled in the state legislature while state General Treasurer Seth Magaziner called the legislation too risky.
June 18 -
Like the city's pension funding revisions, the park district's plan ramps up to actuarial payments but it's alone in aiming for a 100% funding target.
June 8 -
A bill would authorize its capital city to issue up to $850 million in pension obligation bonds if it can get a true interest cost of 3.5% or less.
June 2 -
Low interest rates, looming CalPERS amortization changes and pandemic-related budget hits were cited as factors in the record year for California POB deals.
May 24 -
In what one critic called a "riverboat gamble," Mayor Jorge Elorza in Rhode Island's capital city seeks $704 million to pump into a severely unfunded system.
May 21