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Sarah Wynn covers securities and infrastructure for the Washington bureau.
Sarah Wynn covers securities and infrastructure for the Washington bureau.
Starting on March 10, ETF prices consistently diverged from benchmark indices and were underpriced for about 10 trading days before converging again.
Due to the coronavirus, a plant in Indiana may not be able to make its bond payments.
Among NABL's asks from Congress is to introduce a direct-pay taxable bond program through a new proposed bill.
The MSRB wants to give dealers and muni advisors more time to implement amended rules and interpretive guidance as well as finish professional qualification and supervisory requirements.
States can still take necessary steps to make crucial changes to their budgets as the coronavirus pandemic hampers the economy.
The Municipal Liquidity Facility will purchase up to $500 billion of short-term notes.
State Departments of Transportation said $50 billion would provide states the ability to meet existing debt obligations.
BDA wants the he Fed to consider a standby, short-term lending facility for states and localities experiencing cash flow timing shortfalls.
Urban areas will get $22.7 billion in formula funds and $2.2 billion will go to rural areas.
Most of the disclosures tracked since the beginning of the year were filed in March, the MSRB said.