The reserve was used to make a $9.3 million Aug. 2 payment on about $290 million of debt. About $9.3 million is left in the fund, enough for the Feb. 1 payment.
BlackRock and Wells Fargo are pushing their return-to-office plans back by a month into early October.
“Kentucky’s economy is on fire,” says Gov. Andy Beshear, after the state passed the $2.2 billion mark of total planned private-sector investment this year. But COVID's Delta lurks.
Effective spread data yielded interesting results about the way corporate and municipal bonds were treated by Fed backstop programs.
The rating agency also affirmed the ratings on 18 large airports and major airline hub facilities across the United States.
Pitfalls loom despite improved bond ratings and an improving fiscal picture, according to members of the state's fiscal control board.
New York's governor denied allegations by state Attorney General Letitia James' office that he engaged in unwanted groping and comments of a sexual nature.
The city sees room for a new convention hotel, despite nearby competition and pandemic-related setbacks.
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The city sees room for a new convention hotel, despite nearby competition and pandemic-related setbacks.
August 2
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The pandemic was strikingly different than Sept. 11, financial meltdowns and other disasters, according to Robert Mujica.
July 29
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Lawmakers are considering a bill to credit state employees with three extra years of service for work done outside their homes over nine months of 2020.
July 28
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New York City budget director Jacques Jiha says proactive moves such as building reserves helped the city weather COVID-19 fiscal challenges. Paul Burton and Chip Barnett host. (23 minutes)
July 27
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The IRS is seeking comments on a change that may benefit many issuers.
July 26
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Goldman Sachs is lead managet for the issuance, which includes tax-exempt and taxable bonds.
July 26
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The agency must still pay the commonwealth due to 2007 legislation that went sideways.
July 21
