Washington

Banks failed to convince the court that the lawsuit doesn't meet the legal hurdles for a false claims action.

The Federal Reserve has opened a temporary repurchase agreement facility for foreign central banks to support the smooth functioning of financial markets.

A more measured tone settled in on Monday as new deals begin to price in a coronavirus-weary marketplace. Municipal credit is beginning to come into focus.

Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.

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

While experts predict rates will not stay at zero lower bound as long as after the financial crisis, they don’t see a hike for years.

The group is charged with advising MSRB board members on ways to improve EMMA.

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

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.

Demonstrating compliance with pricing and supervision rules has been challenging in the COVID-19-influenced market.