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Municipal issuers in the Far West sold $38.7 billion in bonds during the first six months of 2020, 8.8% more than they did the year before.
August 27 -
The structure in which bonds are backed by a lease of city streets is being used in the Southern California cities of Torrance and West Covina.
August 20 -
Without commenting on the legal merits laid out so far in the case, an appellate court panel concluded the lawsuit met the threshold to proceed as a taxpayer action.
August 7 -
The Illinois Public Pension Fund Association says POBs could offer a potential fix for some but some market participants urge caution due to POBs' perils.
August 4 -
Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.
July 27 -
The bill was set aside as state lawmakers limit legislation to the issues of housing, wildfires and coronavirus. Meanwhile, more cities and counties issue POBs.
May 28 -
State Sen. John Moorlach thinks cities and counties should have to obtain voter approval before issuing pension obligation bonds.
April 16 -
Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.
January 9 -
Tom Kozlik of Hilltop Securities explores how pension underfunding woes continue to weigh on public finance. Paul Burton hosts.
November 19 -
The continued low interest rate environment is compelling more cities to explore issuing the bonds.
September 26