Public finance

The firm will pre-qualify competitive sales to make sure they meet the ICMA’s green or social bond principles.

The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.

He is maintaining his full schedule and working at home, authority officials said.

The Oversight Board has asked for delays concerning non-central government bonds.

The municipal bond market is poised to begin digesting larger primary issuance in the coming week after a massive rally in recent days.

The operators of the venue argue that COVID-19's economic impact makes a $400 million expansion all the more important.

Supply-starved investors flocked to the St. Louis-based private university's taxable deal, which was upsized to $450 million from $300 million.

The longtime muni banker and former Treasury official adds serious muscle to the Fed's municipal securities expertise.

The Unsecured Creditors Committee responded to the Oversight Board chairman's statements that the board may change central government bond restructuring terms.

"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.

Benchmark yields fell another 50 to 60 basis points, dropping them more than 1.5% in just four days. Meanwhile, a $450 million taxable new-issue came to market and was eight times oversubscribed.

With outflows occurring, Eric Kazatsky, muni strategist at Bloomberg Intelligence, maintains that muni appetite will vary directly with the credit hits that will be sustained in this environment. In some ways, he sees a return to pricing for the risk and the fundamentals. Taxable munis and ESG bonds will continue to gain in popularity. The future depends on the level of fiscal support in order to emerge from the crisis. John Hallacy hosts. Taped two weeks ago

Municipal benchmark yields were lowered by 60 to 80 basis points across the curve. Some trades pointed to nearly a 1% bump on short-term paper while state and local governments grapple with downgrades and revenue shortfalls.

The Citizens Budget Commission is calling for far larger cost cutting and predicts that New York City could see $20 billion of lost revenues over three fiscal years.

The rating agency, citing severe ridership drops from COVID-19, dropped its rating to A-minus from A. It assigns a negative outlook.

The short end in particular was rebounding after Fed announced it would include variable rate demand obligations and short-term paper to its balance sheets.

Disclosure in a series of pending and recently priced Midwest healthcare deals underscore the rapidly evolving impact of COVID-19.

The short-term funding for airports and transit agencies in stimulus bills won’t be a substitute for the stability of long term financing.

Despite rising 3% in 2019, DiNapoli expects bonuses to drop this year.

They asked for a combined $4.4 billion.