Public finance

A survey shows local business owners are more pessimistic than they were six months ago.

The board and its law firm O'Neil & Borges clashed with challenger Carlos Lamoutte in court papers.

Refinitiv Lipper reported $2.094 billion of outflows, reversing the $1.216 billion of inflows from the mutual fund complex.

The Cleveland-based university's 100-year taxable bond landed at a 5.4% interest rate.

Phoenix may end a GO bond drought with a plan to ask voters next year to approve $500 million of debt to fund projects in the growing city.

Bridger Aerospace plans to sell $160 million in unrated taxable revenue bonds, with a verified sustainability designation, through conduit Gallatin County.

Hardy Manges brings three decades of experience in municipal trading to the national, full-service investment bank, brokerage and advisory firm.

The Investment Company Institute reported investors added $1.090 billion from muni bond mutual funds in the week ending June 1, up from $4.367 billion of outflows in the previous week.

The referendum passed Tuesday by a 70% to 30% margin an an election with miniscule turnout.

The board continues to struggle with the local government on fiscal matters six years after PROMESA's passage.

MTA finance director Pat McCoy said issuers need to ask if they are prepared to deal with the requirements attached to federal money.

Positive momentum and supply scarcity are themes for the near future, which should bode well for the market.

Cook County and the Illinois Municipal Retirement Fund reported improving pension health, while the unfunded liabilities of Chicago funds worsened in 2020.

As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)

Gilt-edged Maryland typically helps to guide triple-A yield curves.

The selloff in Treasuries and the continued strength of municipals have done their part to richen muni-UST ratios.

A decades-old policy position on taxable debt and recommendations for issuance of variable-rate debt were among the issues taken up by the GFOA's debt committee.

Investors will be greeted Monday with an increase in supply with the new-issue calendar estimated at $6.488 billion, led by $1 billion-plus of GOs from Maryland in the competitive market.

Mayor Eric Garcetti emphasized the city’s robust reserves and plans to issue housing bonds to aid efforts to alleviate homelessness.

Some observers of Puerto Rico politics are concerned its government continues to avoid fiscal responsibility, ignoring past mistakes that led to the bankruptcy.