Municipal Bond Credit Report: The municipal market experienced an enormous rally Wednesday, swiftly reversing from the pronounced sell off it had experienced over the course of several wrenching, dislocated trading…
Municipal Bond Credit Report: The Municipal Securities Rulemaking Board will be publishing daily data summaries, pushing back comment deadlines and suspending a price alert in response to market volatility and…
Municipal Bond Credit Report: A Coronavirus Relief fund of $150 billion would be shared among state, local and tribal governments while the Federal Reserve would be authorized to purchase all…
Municipal Bond Credit Report: Chicago and Illinois are counting on the federal government to help replenish coffers battered by the response to COVID-19 and loss of tax revenues from shuttered…
Municipal Bond Credit Report: The 28 bridges and border crossing points between Texas and Mexico will remain open to essential traffic and trade, but the partial closure will deliver another…
Municipal Bond Credit Report: With some toll roads going cashless to limit human contact during the COVID-19 outbreak, two rating agencies have turned the sector outlook negative as more people…
Municipal Bond Credit Report: A coalition of U.S. transit agencies including New York’s Metropolitan Transportation Authority have written congressional leaders requesting a relief package that includes at least $25 billion…
Municipal Bond Credit Report: The Port Authority of New York and New Jersey and New Jersey Transit both requested federal bailouts as revenues plunge because of the COVID-19 pandemic… Link…
Municipal Bond Credit Report: Credit-ratings firms have issued a wave of downgrades for corporate and government bonds as they reassess the ability of borrowers to repay their obligations amid the…
Municipal Bond Credit Report: When New York’s Metropolitan Transportation Authority confirmed it would tap $1 billion of its commercial bank credit on Friday, Chairman Patrick Foye called the COVID-19 crisis…
Municipal Bond Credit Report: Texas Gov. Greg Abbott’s partial suspension of the Open Meetings Law has allowed the bond industry to proceed with upcoming issues, though many have been sidelined…
Municipal Bond Credit Report: As Florida lawmakers prepare to vote on the state’s record $93.2 billion budget, losses because of the novel coronavirus have already begun mounting for industries that…
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