News Feed

Municipal Bond Credit Report: Feb 1 The California State Teachers’ Retirement System (CalSTRS) voted late Wednesday to lower its annual expected return rate from 7.5 percent to 7 percent by…

Municipal Bond Credit Report: Chicago Public Schools, in its latest financial report, warns of more red ink to come this year and “difficult” decisions next year without additional state help……

Municipal Bond Credit Report: America’s economy is looking solid overall these days, but depressed prices for domestic oil production tipped six of the eight biggest oil-pumping states into recession last…

Municipal Bond Credit Report: Chicago’s spread penalties in the primary market hit a new peak Thursday (Jan 19, 2017) when it priced a $1.2 billion general obligation sale…. Link to…

Municipal Bond Credit Report: In his state of the state address Jan. 4, Gov. Dannel P. Malloy sketched out a plan to “ensure that no Connecticut city or town will…

Municipal Bond Credit Report: It was a year of disappointing investment returns from 11 local government pension funds in Illinois, according to the latest annual report from a state government…

Municipal Bond Credit Report: Financial guarantor Assured Guaranty Corp. (AGC), a subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty)(AGO), has requested that Moody’s Investors Service, Inc. (Moody’s)…

Municipal Bond Credit Report: Staring down a $215 million budget hole, Chicago Public Schools announced Friday it’ll make all staffers take four unpaid furlough days this spring on dates when…

Municipal Bond Credit Report: The liquidity crisis at Chicago Public Schools is worsening amid a continued budget impasse at the state level, Moody’s Investors Service says in two new research…

Municipal Bond Credit Report: Public pension and municipal advisors are among the examination priorities for the Securities and Exchange Commission in 2017, the SEC’s Office of Compliance Inspections and Examinations…

Municipal Bond Credit Report: Governor Brown proposes that bonds should remain unsold until the Ligislature establishes better auditing procedures… Link to Story

Municipal Bond Credit Report: Chicago’s debt is trading at speculative grade spreads as its Mayor asks Moody’s to remove its junk-rating.. Link to Story