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The board authorized Kobre & Kim to issue the subpoenas, as long as certain conditions, including the start of a "formal" investigation, had been met.
October 20 -
The primary muni market is set another busy week with $10 billion in new paper, as one deal from Illinois accounts almost half of the negotiated calendar.
October 20 -
Municipal bonds were weaker at mid-session, according to traders, who are looking ahead to the next week's $10 billion new issue slate, which will be dominated by Illinois's $4.5 billion general obligation bond offering.
October 20 -
Municipals are little changed in early activity as the market gets ready to take on the biggest deal of the year — next week’s $4.5 billion Illinois general obligation bond offering.
October 20 -
Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.
October 13 -
Moody’s downgraded $31 billion in Puerto Rico public sector bonds citing the reduced outlook for repayment.
October 12 -
Moody's has downgraded Puerto Rico's general obligation bonds to Ca from Caa3, due to the protracted economic and revenue disruptions caused by Hurricane Maria.
October 11 -
Puerto Rico faces a government shutdown after the end of the month without an infusion of cash.
October 11 -
The bond insurers withdrew their challenge of the island's fiscal plan, citing Hurricane Maria.
October 10 -
The Trump administration requested $12.77 billion in initial funding to help Texas, Florida, Puerto Rico and the U.S. Virgin Islands.
October 5