Public finance

The action does not have immediate implications for municipal issuers but could give the muni market a sense of how the SEC is beginning to think about cybersecurity risks.

The second largest Texas city could be headed to a trifecta of triple-A ratings after Fitch revised the outlook on the city's AA-plus rating to positive.

The Investment Company Institute reported investors added $453 million to municipal bond mutual funds in the week ending July 19, after $111 million of inflows the previous week.

A Senate Budget Committee hearing Wednesday examined the fiscal consequences of preparing infrastructure for climate change.

Mayor David Holt says the city and its NBA team can replace the Paycom Center with a bigger facility without raising taxes.

Almost all of the $1.55 billion surplus will go into the state's rainy-day fund, raising its balance to a record $3.7 billion, a 2,700% jump since 2019.

The offered side "has continued to pack the primary market with value to manage their (and the market's) potential downside if disruption did occur; this also helps the context for muni buyers headed into the Fed," said Matt Fabian, partner at Municipal Market Analytics.

The event drew more than 100 people in its inaugural year, and organizers hope to see the same interest this year.

Her prolific coverage and willingness to share knowledge with local reporters brought transparency and accountability to Midwest public finance.

Florida's Division of Bond Finance clarifies the new statewide ban on ESG bonds.

The organization's first ever recommended best practices for State Revolving Funds will be available for public comment through Sept. 30.

As ESG issuance has grown around the globe, so have investor demands, international standards for it and regulatory rulemaking around it. Citi's Aoiffe McGarry and Fitch's Megan Neuburger discuss with The Bond Buyer's Lynne Funk.

"Longer-dated bonds look attractive, as investors are locking in long-term rates before the expected decline in 2024," while "a tremendous amount of money is also invested in the short end of the curve," Nuveen strategists said.

California State Treasurer Fiona Ma announced the hiring of two new Stephanie Tom and Khaim Morton as deputy state treasurers.

Proceeds of the $178 million Series 2023 capital asset acquisition obligation bonds will finance programs for the county's general government and departments.

Washington will bring $1.1 billion of GOs in four competitive sales Tuesday, leading a new-issue calendar estimated at $5.439 billion.

Bondholders, other creditors, and the venue's owner argued the U.S. trustee's move would be detrimental for a plan to sell the facility to maximize recoveries.

The puzzling accounting discrepancy, which dates to 2005, threatened to lead to the rescission of $3.5 billion of contract authority for state departments of transportation.

Users can choose attributes, like callability or state of issue, to apply to different portfolios. This helps comply with Reg-BI and create investment strategies, the firm said.

After a tax increase, the Metropolitan Transportation Authority projects five straight years of balanced budgets for the first time in more than 20 years.