Eric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.
The Fed today added in variable rate demand notes to other short-term municipal debt to a list of assets eligible to be used as collateral by financial institutions, which contributed to some stability in the secondary market.
The timing of a $1.5 billion deal California had planned to price Thursday is no longer firm amid massive dislocations in the markets.
A big New York State Empire Development Corp. private placement is likely to be followed by more until the municipal primary starts functioning again.
Smaller hospital systems warn they are on fiscal life support as groups lobby for federal funds.
Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.
Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.
Puerto Rico Oversight Board seeks delay in central government restructuring
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The Fed today added in variable rate demand notes to other short-term municipal debt to a list of assets eligible to be used as collateral by financial institutions, which contributed to some stability in the secondary market.
March 23 -
The timing of a $1.5 billion deal California had planned to price Thursday is no longer firm amid massive dislocations in the markets.
March 23 -
A big New York State Empire Development Corp. private placement is likely to be followed by more until the municipal primary starts functioning again.
March 23 -
Smaller hospital systems warn they are on fiscal life support as groups lobby for federal funds.
March 23 -
Two rating agencies placed a negative outlook U.S. toll roads, while others monitor risks as volumes decline as COVID-19 keeps drivers at home.
March 23 -
Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.
March 23 -
Puerto Rico Oversight Board seeks delay in central government restructuring
March 23