Public finance

Federal emergency aid, while protecting against downgrades and defaults in areas hit by extreme weather, won't bail out areas that face less visible climate effects like rising heat.

We'll be up early Wednesday covering Tuesday's elections.

Investors will be greeted Monday with a new-issue calendar estimated at $5.268 billion.

The $200 million bond deal prices next week. The Jesuit school absorbed the nearby University of the Sciences earlier this year.

A lack of standards from regulators and ratings agencies leaves municipal credit analysts "on their own" when it comes to evaluating climate-related risks.

High-yield saw outflows of $867.067 million after $594.497 million of outflows the week prior while exchange-traded funds saw inflows of $736.967 million after $444.544 million of inflows the previous week.

Key takeaways from the preliminary findings show that most jurisdictions that integrate racial equity in bond issuance focuse primarily on the use of the proceeds. 

The county plans to expand the existing Metromover to create a transit corridor that will connect the cities of Miami and Miami Beach without riders having to transfer.

Fuel line attorney questions validity of the party as an impaired class.

Investors pulled $3.843 billion from mutual funds in the week ending Oct. 26 after $3.876 billion of outflows the previous week, according to ICI.

New GO borrowing authority, a WIFIA loan for lead water service line replacement, and short-term airport financing are before Chicago City Council.

Federal infrastructure dollars continue to support driver-related programs, now with an emphasis on reducing tailpipe emissions.

Mark Killingsworth and Mark Brown, who join as senior vice presidents, will originate municipal transactions for Capital One's direct lending portfolio.

The Connecticut Green Bank's latest Liberty Green Notes brought in $250,000 for green upgrades to small business energy infrastructure statewide, the bank said.

October returns were in the red with the Bloomberg Municipal Index showing a loss of 0.83% for the month, bringing total losses in 2022 to 12.86%. Only May and July saw positive returns for the asset class.

The state school in Ypsilanti is responding to declining enrollment with a student housing makeover financed through a public-private partnership.

Massachusetts looks to a millionaire's tax for transportation and a measure in tourist-heavy Orange County, Florida would double local transit funding.

With the Federal Open Market Committee meeting this week and the next week shortened by the bond market observance of Veterans Day, CreditSights strategists said "investors should be prepared for two weeks of subdued new issuance."

They say the HTA employees group have failed to show any of the four conditions needed for a court to order a stay.

Total October volume was $24.951 billion in 510 deals versus $41.811 billion in 1,068 issues a year earlier, according to Refinitiv data.