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Municipal bond issuance in the Far West was down 2.3% in a first half that saw volume drop 17.1% nationally.
August 24 -
The region's issuers sold $30.3 billion of municipal bonds in the first half of 2023, 29.9% less than they did during the same period last year
August 23 -
The rating agency cited the Illinois county's accumulated reserves, as well as required pension contributions for the move.
August 23 -
Healthcare and transportation had the biggest contraction in issuance volume.
August 21 -
Total volume in the first half of the year was $180.882 billion in 3,853 deals, down 17.1% from the $218.230 billion in 5,444 over the same period in 2022, according to Refinitiv data.
August 21 -
The eight-state region accounted for $38.5 billion in muni bond sales in the first half of 2023, with the lion's share coming from Texas.
August 21 -
New York deals dominated the top ranks of regional issuers in the first half of 2023 even as supply sank around the Northeast and around the country.
August 18 -
Ongoing strikes by actors and writers pose a risk for next year's Oscars ceremony, which generates significant revenue that helps pay off the bonds.
August 17 -
Recent laws extend the statute of limitations for child sexual abuse victims to file civil claims, impacting California school districts and counties.
August 17 -
The Illinois Attorney General maintains it is unclear whether the state was even defrauded by the Wall Street banks that are accused of rate-rigging by a whistleblower.
August 17