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The city has issued a second set of bonds to fund 266 housing units that are the first of some 8,000 planned on adjoining islands in the San Francisco Bay.
August 5 -
July volume was $31.9 billion keeping the annual pace ahead of last year's record-breaking total. Issuance still lags demand by a large amount — $60 billion by many accounts for August alone — as redemptions coupon payments pile up.
July 30 -
The question looms as to what point heightened wildfire activity becomes a significant risk for municipal debt.
July 29 -
A double-digit return will trigger a reduction in the California Public Employees’ Retirement System's discount rate under a risk mitigation policy.
July 14 -
The Fitch Ratings upgrade applies only to GO debt — the city's issuer default rating remains AA-plus. The GOs benefit from California’s 2016 statutory lien law.
July 8 -
S&P Global Ratings gave California an elevated risk in the environmental category on an ESG scorecard, partly because of wildfire risks.
July 1 -
The agreement sets milestones for the project, expected to halve border wait times, to be completed by 2024.
June 28 -
Brightline Holdings will wait until 2022 to try again to finance a passenger train to Las Vegas from Southern California with tax-exempt bonds.
June 24 -
Following the change, S&P now views all U.S. public finance sectors as stable with the exception of higher education.
June 23 -
The coalition wants the final budget signed by Gov. Gavin Newsom to include his broadband proposal, not the Legislature's.
June 21