Refunding bonds

The package calls for reinstating advance refunding, Build America Bonds and tax credit bonds.

NABL suggested that the federal government be allowed to purchase new issues of tax-exempt bonds.

Speaker Nancy Pelosi, D-Calif., said the next package will make up for shortcomings that haven’t been addressed such as the insufficient aid to state and local governments.

Schools in 39 states had closed by Wednesday.

GLWA has the flexibility to come to market as early as this week, but is monitoring the market in light of the COVID-19 impact.

Issuers of all sizes are taking advantage of the expanding taxable investor base — from institutions to international to SMAs — as the muni market evolves.

The $5.2 billion Buckeye Tobacco Settlement Authority deal will restructure the debt service schedule, returning the Ohio credit to investment-grade.

Members of the Public Finance Network sent a letter to Congress urging restoration of advance refunding for tax-exempt bonds.

The city is pricing the bonds the week of Feb. 10 for an anticipated $7 million in savings, according to city debt manager Betsy Hruby.

While munis are a focus in the infrastructure proposal, the likelihood of coming to fruition is debatable.