Federal grants for the 10 transit systems with the highest ridership will cover their funding shortfalls an average of 5.4 to 8.3 months, according to a new estimate.
The Federal Open Market Committee meeting that began Tuesday will be unique because rates remain at the zero lower bound and the Fed has taken many actions to ensure smooth markets since the economic shutdown to contain the coronavirus.
S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.
The ultimate impact of the bear market on pension risks is likely to vary widely among issuers, making granular analysis more important and valuable.
William Glasgall of the Volcker Alliance explores deficits, budget cuts, rainy-day funds and borrowing options amid the COVID-19 pandemic. Paul Burton hosts.
Groups representing dealer firms and issuers both weighed in positively Monday evening after the Fed’s afternoon decision that it will expand its Municipal Liquidity Facility in both scope and duration.
Moody's Investors Service said public utilities may see declining coverage ratios as they suspend disconnects and offer discounts.
The system's offering statement presents a detailed picture of the pandemic's impact so far.
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The Federal Open Market Committee meeting that began Tuesday will be unique because rates remain at the zero lower bound and the Fed has taken many actions to ensure smooth markets since the economic shutdown to contain the coronavirus.
April 28 -
S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.
April 28 -
The ultimate impact of the bear market on pension risks is likely to vary widely among issuers, making granular analysis more important and valuable.
April 28Build America Mutual -
William Glasgall of the Volcker Alliance explores deficits, budget cuts, rainy-day funds and borrowing options amid the COVID-19 pandemic. Paul Burton hosts.
April 28 -
Groups representing dealer firms and issuers both weighed in positively Monday evening after the Fed’s afternoon decision that it will expand its Municipal Liquidity Facility in both scope and duration.
April 28 -
Moody's Investors Service said public utilities may see declining coverage ratios as they suspend disconnects and offer discounts.
April 27 -
The system's offering statement presents a detailed picture of the pandemic's impact so far.
April 27