Puerto Rico considering refinancing COFINA bonds
Puerto Rico’s government is exploring refinancing its Puerto Rico Sales Tax Finance Corporation’s bonds, also known as COFINA bonds, a...
Bonds
Mester backs faster Fed rate-hike pace if needed to tame prices
Federal Reserve Bank of Cleveland President Loretta Mester said she supports raising interest rates next month and tightening policy at...
Puerto Rico’s willingness to pay again in question
The unwillingness of the majority of Puerto Rico’s senators to approve money for the commonwealth's debt restructuring raises questions about...
Fed nominations could be delayed until spring
Republicans’ procedural blockade of President Biden’s Federal Reserve nominees has left Senate Democrats with few options and could delay for...
Rep. Sewell touts advance refunding as way to leverage IIJA funds
The municipal market’s top federal priority, tax-exempt advance refunding, made a surprise appearance Tuesday during a House Ways and Means...
Puerto Rico House approves funds to repay bondholders
The Puerto Rico House of Representatives approved money for the central government’s Plan of Adjustment Tuesday, setting the stage for...
Portfolio management a whole new game in 2022
Co-heads of municipals at Baird Advisors, Duane McAllister and Lyle Fitterer, discuss the challenging environment in the first month and...
Sen. Tester says Sarah Bloom Raskin will get his vote for Fed
WASHINGTON — Sen. Jon Tester, D-Mont., said he would vote to confirm Sarah Bloom Raskin to be the Federal Reserve’s...
Fintech firm founder rejects GOP charges on Raskin, Kansas City Fed
A founder of a fintech firm that President Biden’s nominee for the top bank supervisory post at the Federal Reserve...
Study delves into New York’s $103 billion of state bond debt
How much debt does New York State have outstanding and how is it issued? The answer for inquiring investors is...
New York State’s $187 billion debt headache — and how to cure it
New York State and its numerous public authorities and agencies owe $186.6 billion to bondholders, the federal government, and future...
Puerto Rico to take second swing at funds for Plan of Adjustment
The Puerto Rico House of Representatives rejected a measure allocating money for bondholders and other payments connected with the court-approved...
Harvey, Illinois, resolves SEC compliance questions
Harvey, Illinois, has resolved Securities and Exchange Commission concerns over its compliance with a 2014 consent judgment that settled fraud...
No rest for the weary muni market
Munis sold off, playing catch-up Thursday's U.S. Treasury selloff, while taxables pared back some of those losses in a flight-to-quality...
Fed’s Bullard on rate plan, possible inter-meeting move: Q&A
In an interview on Thursday, Federal Reserve Bank of St. Louis President James Bullard discussed his outlook for monetary policy...
