Washington

A top House Democrat warned the Trump administration not to engage in debt limit brinksmanship that could halt trading in state and local government securities.

The Treasury Department's February quarterly refunding of $84.0 billion will raise $29.9 billion new cash.

Broker-dealers can avoid fines if they self-report 529 savings plan supervisory violations by April 1.

Days after the government reopened temporarily, the Municipal Securities Rulemaking Board extended the effective date for new advertising requirements.

Until a clarification is issued, bond lawyers are requiring that the rental units be open to all who qualify without any preferences for special groups such as veterans.

The U.S. Treasury Monday estimated it will borrow $365 billion of net marketable debt in the first quarter of 2019, assuming a $320 billion cash balance on March 31.

With Rule 15c2-12 amendments taking effect at the end of February, issuers expressed confusion about their impact on continuing disclosure responsibilities.

GFOA’s goal is to get a majority of House members to sign a letter pledging not to touch the tax exemption as they debate new infrastructure funding proposals.

Those betting the Federal Reserve will cut interest rates may have to wait until 2023 to see it happen.

Another week of sub-average issuance lies ahead for the muni market.