Sarah Wynn covers securities and infrastructure for the Washington bureau.
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GFOA will be launching a new online learning-management system by the end of the year to connect its members.
By Sarah WynnMay 22 -
The GFOA is advocating for federal funding for special districts, which have not received any specific funding.
By Sarah WynnMay 21 -
In March 2020, spreads skyrocketed to 97 basis points before dropping slightly to 88 basis points in April 2020.
By Sarah WynnMay 19 -
The MSRB also said more municipalities have begun referencing CARES Act loans in their disclosures.
By Sarah WynnMay 19 -
Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.
By Sarah WynnMay 18 -
Analysts and issuers say the Municipal Liquidity Facility is a last resort aimed primarily at lower-rated issuers. But recent deals could prove the MLF’s effectiveness as a backstop.
By Sarah WynnMay 15 -
SIFMA released two new model documents to reflect the senior managing underwriter’s role to make standard disclosures as well as its own dealer transaction specific disclosures to keep up with changes to the MSRB's fair dealing rule.
By Sarah WynnMay 13 -
Market participants want the Fed to get the program up and running by the end of this month.
By Sarah WynnMay 13 -
More issuers are missing bond payments and deadlines for filing annual financials; the Roman Catholic Church of the Archdiocese of New Orleans filed for bankruptcy partially blaming COVID-19, affecting $41 million of bonds.
By Sarah WynnMay 12 -
The Fed’s rates send a signal to the municipal market that it wants it to survive on its own.
By Sarah WynnMay 11