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Municipals were little changed on Friday after a market moved that took long yields up by as much as 15 basis points since mid-month.
August 21 -
Municipals were steady to weaker, with yields up by as much as three basis points on the long end Thursday.
August 20 -
The mass transit agency, its finances reeling from the coronavirus, rejected bids from 10 different banks and sold $451 million of notes to the Municipal Liquidity Facility.
August 19 -
The level of Washington aid is but one yardstick for the fiscal soundness of the city-owned system, says the watchdog Independent Budget Office.
August 18 -
Slow utility responses triggered legal action and calls for changes ranging from carrot-and-stick contracting agreements to a municipal takeover of Con Edison.
August 14 -
The move will enhance economic recovery from the coronavirus, the rating agency said.
August 12 -
Stringer sent a letter to Mayor de Blasio on Monday calling on the city to fully fund the indirect cost rate (ICR) initiative.
August 10 -
Minority and women-owned business enterprises will now comprise 33% of city GO bond and Transitional Finance Authority book-runners and 40% for New York Water.
August 10 -
Failure to aid one could hurt the others, according to the state comptroller's review of the city's financial plan.
August 5 -
As the Metropolitan Transportation Authority lines up two note sales, the rating agency said the authority could tap into the Federal Reserve’s Municipal Liquidity Facility.
August 4