Public finance

While falling to the lowest amount of inflows since June 2, the total for the year according to ICI at $72 billion, is still on pace to come close to or break the record, $93.2 billion, hit in 2019.

Ridership on the RTA's three service boards remains sharply below pre-pandemic levels but it benefits from coronavirus relief and stellar sales tax performance.

Judge Swain rejected the governor's request to stay the board's suit until November.

The “tool kit” legislation expands powers of the Local Government Commission, including a last-resort legal process for voluntary or involuntary dissolution.

Large new issues from California, New York utilities and airport deals were repriced to lower yields and remained the focus for the municipal market, again ignoring a swing by U.S. Treasuries.

Moody's says Guam needs to be ready to respond to shortfalls.

Market participants welcomed the municipal-related provisions in the reconciliation bill but are hesitant to start making bets on its passage.

The university heads into the market this week with a mix of tax-exempt, taxable, new money sustainability and refunding bonds

While the city has a long history of coping with disasters including the Sept. 11 attacks, the COVID-19 pandemic is a work in progress.

The Long Island utility intends to sell electric system general revenue bonds in three tranches.

Cheered by the inclusion of key muni market priorities in tax legislation unveiled over the weekend, muni market advocates must now battle to keep them there.

A larger new-issue calendar greets investors with a lot of cash on hand and strategists expect municipal yields to rise as the calendar builds.

The fund focuses on investment-grade state and local government debt funding sustainable development, including affordable housing, green spaces and hospitals.

Refinitiv Lipper reported $1.1 billion of inflows into municipal bond mutual funds, with high-yield falling to $144 million. Even with the lower reported inflows, funds still raked in record billions so far in 2021.

The state prices $2.1 billion for institutions on Tuesday, also the date of the statewide vote on whether to recall Gov. Gavin Newsom.

Boston-based Breckinridge will partner with Harrington Cooper to specialize in investment grade fixed-income and ESG integration for investors in the UK, Ireland, Continental Europe and Japan.

The 16-year public finance veteran has concentrated much of his career on aviation-related financings.

Joanie said she likes public finance because “you get to do the financial side while still having a lot of interaction with clients.”

The rating agency elevated the agency's energy housing and economic recovery bonds to Aa3.

The local planning board is more optimistic about the next 10 years of Gross National Product growth than is the Oversight Board.