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Hawaii Finance Director Kalbert Young is concerned that other bond sales rescheduled after Hurricane Sandy could impact the Aloha State's $900 million sale planned for next week.
November 8
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Peter M. Demirali, 52, of Mendham, N.J., a managing director at Cumberland Advisors, died suddenly on October 30, and a memorial service is planned for Nov. 17 at 11 a.m. in Queens, N.Y.
November 8 -
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Bond insurer parent company MBIA Inc. had an adjusted pre-tax loss of $118 million in the third quarter of 2012.
November 7 -
Overwhelming uncertainty surrounding the U.S. elections stands as the most likely cause industry watchers cite behind the first outflows municipal bond mutual funds reported in more than six months.
November 7
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New York's MTA, restoring its subway and commuter rail systems after Hurricane Sandy's damage, will continue its flurry of bond activity this week.
November 6 -
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More than 40% of states have poor pension funding ratios, Morningstar municipal credit researcher Rachel Barkley said.
November 5 -
Municipal bond volume saw a slight bump for the month of October, continuing what has been an upward path for the issuance of new muni debt in 2012. Long-term muni bond issuance last month rose 3%, and has increased 39% for the year to date.
November 5 -
New York City Housing Development Corp. president Marc Jahr has been tapped as the chairman of the interim executive committee of Municipal Bonds for America, a coalition formed to stave off threats to tax exemption.
November 5 -
State transportation agencies are working together to develop strategies aimed at making investment in infrastructure more palatable to the public, as official fears of a rising investment gap meet public concerns about long-term debt.
November 5 -
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Issuance in the municipal bond market should make a resounding return to pre-storm levels this week. Volume should total an estimated $7.06 billion, up from a hurricane-pared $1.66 billion last week.
November 4 -
The Bond Buyer queried some municipal market experts asking them their top concerns for the market depending on the outcome of the 2012 Presidential election. The fate of the municipal tax exemption was a major concern.
November 2 -
