-
Interest on out of state municipal bonds will now be taxable.
June 13 -
"It would be irresponsible for us to ignore factors that can fundamentally impact the long-term viability of investments," said CalPERS interim Chief Investment Officer Dan Bienvenue of climate risks.
June 13 -
Oversight Board Executive Director Robert Mujica said the only recently released fiscal 2022 ACFR showed revenues and expenditures continue to be imbalanced.
June 13 -
Household ownership of munis — which includes direct ownership of individual bonds in brokerage accounts, fee-based advisory accounts and SMAs — rose to $1.779 trillion, up 0.3% from Q4 2023 and from 5.6% in Q1 2023.
June 13 -
Judges say PREPA bondholders have a lien on net revenues collected post-bankruptcy.
June 12 -
The top five bond financings have an average dollar volume of more than $1.9 billion.
June 12 -
"It is important to remember that as long as the Fed's next move is to lower policy rates, bonds will do well," said Jack McIntyre, portfolio manager at Brandywine Global. "The employment market is in better balance, which is very important for the Fed — even more than inflation."
June 12 -
The bonds are part of a proposed settlement with the city's firefighters union that would need court approval.
June 12 -
Driven by ongoing capital expenditure funding and current refunding opportunities, airport issuance is estimated at $21 billion in 2024, with a slew of from June through September and more planned in December, according to Ramirez.
June 12 -
Milwaukee Public Schools is months late in submitting the annual financial audit reports amid turmoil that has seen its superintendent and comptroller depart.
June 12