The Federal Reserve reduced the interest rate spread on MLF tax-exempt notes by 50 basis points for each credit rating category.
Federal assistance in the next relief package is crucial for the largest statewide public transportation system’s financial health in 2021, the senator said.
California's second-largest district says it will apply stricter standards than the state's when in-person learning does resume.
The $141 million deal from Equitable School Revolving Fund and being run by RBC Capital Markets consists of national charter school revolving loan fund revenue bonds.
Producer prices final demand exceeded expectations by two-times over, while small business optimism shrunk.
Water utilities feel they have been left out of federal relief funding, making future financing in a WRDA bill important.
The total number of COVID-19 disclosures reported to EMMA for the week ending Aug. 9 was about 700, down from nearly 1,000 the previous week.
Nick Sifuentes, executive director of the Tri-State Transportation Campaign, discusses the unparalleled crisis mass transit systems face nationwide due to the coronavirus. Paul Burton and Andrew Coen host. (19 min)
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Nick Sifuentes, executive director of the Tri-State Transportation Campaign, discusses the unparalleled crisis mass transit systems face nationwide due to the coronavirus. Paul Burton and Andrew Coen host. (19 min)
August 11 -
With June hotel bed tax collections off dramatically, the county's comptroller said "the pandemic continues to heavily weigh on the tourism industry."
August 10 -
Sharp revenue losses caused by the pandemic triggered a negative credit outlook for Long Island’s Nassau County as it prepares to roll out a new fiscal plan to combat a budget hole.
August 10 -
President Trump backtracked Sunday on his executive order that requires cash-strapped states to contribute $100 of a reduced $400 a week supplemental federal unemployment benefit.
August 10 -
The competitive sale is scheduled for Aug. 19 with Stifel Nicolaus as financial advisor.
August 10 -
A deteriorating market could change the calculus, but with rates at record lows, the MLF might not be needed for most issuers.
August 10 -
Despite "progress" in getting people back to work, economists say the coronavirus pandemic creates downside risks to recovery.
August 7