Sell side

Final responses are due by Dec. 8 from muni underwriters who want to be on Wisconsin sale syndicates.

Jaime Alvarez, who joined the Oregon State Treasury from Houston in 2021, was named the state's director of debt management in October.

Attorney General Ken Paxton put several big banks under a review last month, raising concerns more municipal bond underwriters could be driven out of the state.

Teacher shortages and enrollment declines due to growing charter and private schools are two of the problems affecting school financing.

Washington will auction $483 million in two tranches on Tuesday.

"The big question is: who's next? I don't think UBS is the end," said a veteran sellside market participant.

Large reserves will insulate states against downgrades in the near future, one rating agency says.

The data indicates that 2023 could be "the potential start of a long-feared trend toward more higher ed impairments and, possibly, defaults," MMA's weekly Outlook report said.

With nearly two years of volatility, The Bond Buyer wants to know your expectations for the year to come, from interest rates and bond volume to ESG and technology.

The state is issuing more GO debt this year because it's well positioned to tap the bond markets, Nevada State Treasurer Zach Conine said.

Fishers, a suburb of Indianapolis, is selling $170 million of bonds for an arena to house the minor-league Indy Fuel and to host concerts and other events.

The hire by Missouri-based Stifel comes as some broker-dealers trim ranks amid weak issuance.

The firm will continue to do business in the competitive market.

This comes as the firm shores up its presence in Texas.

Dustin Avey and Jeremy Garber were named co-heads of public finance; Fairman, a 40-year veteran of the firm, will remain in an advisory capacity into 2024.

Data for the second quarter show the face amount of munis outstanding rose 0.4% quarter-over-quarter, or $15.5 billion, to $4.043 trillion.

The district plans an aggressive capital program in the next few years to meet rising demand and transition away from coal-fired plants.