Jan 27, 2025 · Kroll Bond Rating Agency downgraded Chicago's general obligation bonds to A-minus from A, citing high fixed costs and one-time fixes. The outlook is negative.

Nov 7, 2024 · The Bond Buyer's Deal of the Year awards will mark the 23rd year it has recognized outstanding achievement in municipal finance. The event, to be held Dec. 3 in New York City, …

Dec 31, 2024 · The muni market saw $507.585 billion of debt issued in 2024, up 31.8% from $385.061 in 2023. This surpasses the previous record of $484.601 billion in 2020 by more …

Jan 22, 2025 · The top five bond financings in the ranking came in at more than $7 billion, according to data from LSEG. The top 20 bonds had a total issuance volume of more than $15 …

Dec 31, 2024 · While municipals have outperformed USTs on the whole in 2024, they will close December with losses. How taxables perform in early 2025 coupled with macroeconomic and …

Daily report for January 16, 2025

Dec 26, 2024 · Analysts are unsure what the Federal Open Market Committee will do with monetary policy in 2025. The panel projects two rate cuts, but some analysts expect more, …

Dec 27, 2024 · The sewer system had $13.3 million in debt outstanding at the end of fiscal 2023 after issuing $14.4 million of taxable revenue refunding bonds in 2020 to advance refund its …

Jan 15, 2025 · The Buckeye authority required a reserve draw to make an $81.6 million interest payment due Dec. 1, according to a Nov. 22 event notice posted on the Municipal Securities …

Jan 3, 2025 · BofA and Morgan Stanley left the Net-Zero Banking Alliance, but there was no word from the Texas attorney general on their status as bond underwriters in the state.