Municipal Bond Credit Report: Neal says muni provisions will be included with state, local aid – – Bond Buyer
Municipal Bond Credit Report: House Ways and Means Committee Chairman Richard Neal reaffirmed Wednesday his support for reinstating Build America Bonds and the use of private activity bonds as part…
Municipal Bond Credit Report: Coronavirus aftershocks could cost Niagara Falls investment grade rating – – Bond Buyer
Municipal Bond Credit Report: A financial hit from the COVID-19 pandemic added to already strained finances has dragged Niagara Falls, New York, to the verge of junk status… Link to…
Municipal Bond Credit Report: Despite McConnell comment, states can’t go bankrupt, only default
Municipal Bond Credit Report: Senate Majority Leader Mitch McConnell’s suggestion last week that he’d rather let states go bankrupt than see Congress rescue their coronavirus-decimated budgets raises the question: What…
Municipal Bond Credit Report: Both New Zealand and Australia Contained Coronavirus, but One Is Set to Pay a Heavier Price – WSJ
Municipal Bond Credit Report: New Zealand imposed one of the strictest lockdowns in the world, aiming to stamp out the new coronavirus. Australia took a different approach, adopting social-distancing restrictions…
Municipal Bond Credit Report: Mnuchin Says No Bailout for States With Badly Managed Budgets
Municipal Bond Credit Report: Treasury Secretary Steven Mnuchin said states that had poorly managed budgets before the Covid-19 outbreak sent their economies reeling should not be rescued by the federal…
Municipal Bond Credit Report: Unscheduled draws on reserves due to coronavirus double – Bond Buyer
Municipal Bond Credit Report: The number of coronavirus-related unscheduled draws on reserves doubled over the last week, the Municipal Securities Rulemaking Board reported… Link to Story
Municipal Bond Credit Report: Illinois preps $2.2 billion in short- and long-term debt issues – Bond Buyer
Municipal Bond Credit Report: Illinois will offer more than $2 billion of cash flow notes and bonds in May, state budget officials said Tuesday… Link to Story
Municipal Bond Credit Report: US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis – CNBC
Municipal Bond Credit Report: Gross domestic product fell 4.8% in the first quarter, according to government numbers released Wednesday that provide the first detailed glimpse into the deep damage the…
Municipal Bond Credit Report: Pandemic Triggers a Wave of Distress, Bankruptcy in Corporate America – WSJ
Municipal Bond Credit Report: The economic earthquake the coronavirus has unleashed is likely to trigger a wave of corporate distress and bankruptcy unseen in years… Link to Story
Municipal Bond Credit Report: Fed to Extend Loans to More Cities, Counties
Municipal Bond Credit Report: The Federal Reserve said Monday it would broaden the number of local governments from which it will buy debt through a forthcoming lending program… Link to…
