Public finance

Chicago's Sales Tax Securitization Corp. will sell $150 million of social bonds next month in the city's first ESG-labeled deal.

Municipals improved again Thursday, pushing the 10-year yield firmly below 3%, while Refinitiv Lipper reported $604.704 million of inflows into municipal bond mutual funds for the week ending Wednesday.

The deal has until the end of Friday to clear the Texas Bond Review Board, whose members had no questions about the transaction when it was presented at a Thursday meeting.

Robert Mujica Jr.'s experience with New York State debt makes him a good choice, according to an observer.

Major cities are generally doing well despite economic volatility.

Some projects that were budgeted and started at the beginning of the inflation spiral are now in jeopardy.

As market participants navigate through the remaining weeks of 2022, Jeff Lipton, managing director of credit research at Oppenheimer Inc., expects munis to maintain their outperformance over USTs

With federal funding accounting for the largest portion of its revenue, Utah is mulling safeguards in the event of a future decrease.

HTA employees say they will appeal the stay rejection.

The future of ESG and how it relates to the present raises questions about the general nature of public finance. 

The DOT's federal financing pipeline has mushroomed in recent years, as has the type of projects being financed.

The lenders say document will prevent the use of Vitol as a separate consenting impaired class.

Triple-A yields fell five to eight basis points while UST saw yields fall up to nine out long, moving the 30-year UST below 4% for the first time since mid-October.

The update noted the growth in the fiscal 2023 budget since its adoption last July was due to the approval of federal grants.

New York City will also release the first quarter update to the fiscal 2023 financial plan this month.

As issuers continue to discover new ways to unlock infrastructure funding, out-of-the box thinking may win the day.

Nixon Peabody attorney Roderick Devlin joins Caitlin Devitt to talk about asset recycling, a niche market in the public-private partnership world. Devlin explains what asset recycling is — and is not — as well as the sector's state of play in the U.S. and where it might be headed. (32 minutes)

The borrowing arm of the Missouri Department of Transportation will take competitive bids on $489 million of new money debt Tuesday.

Munis were in their own lane while broader markets were mixed Monday as participants digested various Fed officials' comments on inflation and rate hike schedules.

Rising property values will help keep the $3.56 billion of new bonds manageable, particularly if issuance is spread over multiple years, rating analysts said.