Incoming president focused on NABL’s bread and butter
The National Association of Bond Lawyers annual NABL U Workshop kicks off this week as a hybrid event broadcasting from...
Bonds
Broker settles with SEC after luring investors into fake tax-exempt bonds
Joliet, Illinois-based broker dealer Ronald Molo has entered into a final judgment with the Securities and Exchange Commission for his...
North Carolina commission approves $2.5 billion of local school bonds
The North Carolina Local Government Commission approved requests for about $2.5 billion of school bonds for four counties, including a...
Revenues and relief spare Cook County from election-year budget pains
Cook County, Illinois' proposed $8.75 billion fiscal 2023 budget relies on rising sales taxes, a healthy fund balance, and federal...
UBS dropped from $3.4 billion Texas natural gas securitization pricing
A $3.4 billion bond deal to securitize costs incurred by Texas natural gas providers during 2021's Winter Storm Uri could...
Munis improve, ratios fall
Municipals improved to start the holiday-shortened week while U.S. Treasuries saw losses seven years and out and equities ended mixed.Triple-A...
Q1-Q3 underwriter rankings little changed amid lower issuance
The top municipal underwriters accounted for $292.446 billion in 6,418 issues in the first three quarters of 2022, down from...
Top 10 muni bond issuers of Q1-Q3 see some changes
The New York City Transitional Finance Authority headlined the top 10 issuers of the first three quarters 2022, almost all...
With flush reserves, Massachusetts gains S&P outlook boost
S&P Global Ratings lifted its rating outlook for Massachusetts' AA-rated general obligation bond debt to positive from stable, citing progress...
West Coast leaders sign pact to further environmental goals
The Washington and Oregon governors and the premier of Canada's British Columbia province have signed a pact joining with California...
Diossa, ex-mayor of Central Falls, R.I., wins Democrat primary for treasurer
James Diossa, the former mayor of Central Falls, Rhode Island's smallest city, won the state's Democratic primary election for treasurer...
Puerto Rico governor wants to give municipalities more aid
Puerto Rico Gov. Pedro Pierluisi wants the Oversight Board for allow the diversion of up to $314 million a year...
Munis weaker across the curve; UST sell-off on short end following CPI data
Municipals saw losses across the yield curve, outperforming a U.S. Treasury selloff on the front end of the curve but...
Detroit revenue recovery on course but economic headwinds loom large
Detroit's revenue picture brightened on the strength of income tax collections, development projects in the works, and a boost in...
Fitch upgrades New Jersey’s IDR, GOs to A from A-minus
Fitch Ratings upgraded New Jersey's issuer default rating to A from A-minus and raised the ratings on the state's $5.5...
Wayne County, Michigan’s fiscal turnaround lifts third rating into A category
Fitch Ratings raised Wayne County, Michigan's rating by two notches, lifting it into the single-A category as a result of...
Illinois will hold court with investors ahead of next bond sale
With a round of rating upgrades in hand, Illinois will hold an in-person and remote meeting with investors later this...
Debt-laden nuclear sector poised for revival with federal subsidies
The Inflation Reduction Act offers a crutch, if not exactly a lifeline, to operating nuclear plants, a sector long plagued...
Fed’s Waller backs ‘significant’ September hike, joining Bullard
Federal Reserve Governor Christopher Waller said he favors "another significant" increase in interest rates when the central bank meets later...
Hearing set in validation process for challenged Oklahoma Turnpike bonds
The Oklahoma Turnpike Authority and opponents of its plan to build bond-financed extensions will square off on Tuesday at a...
Munis close out week on steady footing, new-issue supply grows
Municipals were steady Friday ahead of a new-issue calendar next week at $6.6 billion, while U.S. Treasuries were weaker five...
