Public finance

The condition of infrastructure projects should be included in bond pricing metrics as many infrastructure assets around the country have turned into liabilities.

Primary market takes focus for large revenue deals from the New York State Thruway Authority and the Colorado Health Facilities Authority.

Included in the Democrats’ all but dead Build Back Better bill, an expansion of the low-income housing tax credit could be a boon for the housing sector.

Munis have been steady to firmer in spots over the past few trading sessions as fundamentals have taken over. Triple-A 30-year munis dipped below 3% Tuesday, the first time since early June.

Considering pension risks within the framework of municipal credit analysis is particularly important now, following a lengthy period in which the global economy experienced low interest rates and low inflation.

While small in size and population, D.C. is a wealthy area. If it were a state, it would rank 47th in population while its per-capita income leads all 50 states and it has a GDP greater than 17 states.

Three school bond and local tax measures garnered a victory when the final results were tallied weeks after the election as mail-in votes slowed the count.

The $11-billion-plus calendar is the largest in eight weeks and includes two large high-grade issuers which may entice buyers into the market.

Seventeen months after Winter Storm Uri hit the Southwest, state-sanctioned securitizations are queuing up to mitigate a huge spike in energy costs for customers, with an Oklahoma deal the latest to price.

The ISS ESG Muni QualityScore was previously designed for the buy- and sell-side, but it has expanded its offerings to issuers with datasets focused on their specific locations.

The proposal offers no suggestions on financing the project, which, if completed, could allow the stadium to host a Super Bowl or NCAA tournament.

Personal income tax revenues rely upon taxpayers continuing to be taxpayers and remaining residents of New York, especially high-income earners.

Investors will see almost $11.5 billion of volume head their way in the largest new-issue week of the year. More participants expect municipals to improve in the second half of 2022.

Transportation Secretary Pete Buttigieg announced $1 billion in federal grants to 85 airports, including LAX.

"It seems that munis are on the outside looking in, but we are hopeful," said Brett Bolton, Vice President and Head of Government and Industry Relations at Bond Dealers of America.

After 40 years in the municipal bond industry — 35 of them at American Century — Steve Permut left the California-based mutual fund firm on June 30 for retirement.

The three public finance professionals added to BondLink’s issuer relations team are part of the company’s ongoing initiative to help its network navigate a turbulent market.

Despite rising U.S. Treasuries, municipals are making gains and are in the black to start July.

The investors conference allows city officials to pitch investors on its pandemic recovery and future fiscal prospects while investors get the chance to scrutinize those efforts and pose their own questions.