Fed’s Collins says premature to judge how high rates need to go
Boston Federal Reserve Bank President Susan Collins said monetary policy is entering a new phase that could require smaller rate…
Category: Bonds
The risks and opportunities climate change poses to muni market
The municipal market has a big role to play in satisfying the national need for infrastructure that can protect against…
IRS TE/GE issues Program Letter
The Internal Revenue Service’s Tax Exempt & Government Entities Division is making clear there will be a beefier IRS presence…
St. Joseph’s University in Philadelphia goes to market after merger
St. Joseph’s University in Philadelphia will borrow $200 million in the municipal market as it implements a new operational and…
Concerns raised about U.S. Virgin Islands rum cover rate
Failure of the U.S. Congress to raise the rum cover rate has a Virgin Islands senator concerned about its finances…
New-issue calendar grows; Jobs report validates hawkish Fed
Municipals were little changed Friday as the market shifts its focus to next week’s midterm elections and a larger new-issue…
Rhode Island charter school will use bond deal to expand
A Rhode Island charter school plans to upgrade and expand with proceeds from a $12.7 million Rhode Island Health and…
Divorcing Chicago Public Schools from city control adds to district’s looming fiscal risks
The looming severance of governance ties between Chicago Public Schools and the city adds to strains on the district’s “fragile”…
Miami-Dade County dumps monorail, will expand Metromover corridor
Miami-Dade County has ditched plans to build a monorail connecting Miami to Miami Beach and instead will expand the existing…
NLC and Public Finance Initiative releasing key report
A report co-produced by the National League of Cities and The Public Finance Initiative expected to be issued Nov. 17…
Munis weaker, mutual funds lose another $2.4B
Municipals were weaker in secondary trading Thursday as a $1 billion-plus deal from the City and County of Denver took…
Change ahead at California treasurer’s office even if incumbent wins
Change is afoot at one of the nation’s largest municipal bond issuers, even if the head of the office wins…