Municipal Bond Credit Report: Lipper suffers outflows for the first time in 60 weeks
Municipal Bond Credit Report: The world remains on edge about the rapidly spreading COVID-19 and those fears once again have Treasury yields digging down even deeper. COVID-19 fears have now…
Municipal Bond Credit Report: Phishing attack swipes bond payments, a Texas school district reports
Municipal Bond Credit Report: A Texas school district missed payments on three bond issues after what school officials called a “business email compromise scheme” sent the payments to a fraudulent…
Municipal Bond Credit Report: A stock market fall may squeeze public pensions, experts say
Municipal Bond Credit Report: A falling stock market may mean politically difficult choices for public pension systems that rely on equity investments to reduce unfunded liabilities, experts told this week’s…
Municipal Bond Credit Report: Vernon, California, electric revenue bonds upgraded despite lawsuit
Municipal Bond Credit Report: The electric system revenue bonds of the largely industrial city of Vernon, California, received a one-notch upgrade to Baa2 from Moody’s Investors Service, which said it…
Municipal Bond Credit Report: Outlook boost for junk-rated Flint hospital ahead of deal
Municipal Bond Credit Report: Flint, Michigan-based Hurley Medical Center’s rating outlook was revised to stable from negative by Moody’s Investors Service on its improved financial performance. The speculative-grade Ba1 rating…
Municipal Bond Credit Report: Federal Reserve Cuts Interest Rates by Half Percentage Point
Municipal Bond Credit Report: The Federal Reserve cut its benchmark rate by a half percentage point on Tuesday morning, delivering a booster shot to stem potential economic disruptions from the…
Municipal Bond Credit Report: Utility revenue transfer ban may challenge some Florida local credits
Municipal Bond Credit Report: A Florida bill prohibiting a municipal electric utility from using its revenues to fund general governmental functions shouldn’t trigger a significant number of credit rating actions,…
Municipal Bond Credit Report: NIFA’s expanded oversight of hospital a credit positive for Nassau County, Moody’s says
Municipal Bond Credit Report: A fiscal control board’s increased oversight powers of the struggling Nassau University Medical Center is a credit positive for Nassau County, according to Moody’s Investors Service……
Municipal Bond Credit Report: Cash flow struggles hurt a small college’s bond rating
Municipal Bond Credit Report: Cash flow struggles led Fitch Ratings to downgrade a small suburban Philadelphia Catholic college deeper into junk territory… Link to Story
Municipal Bond Credit Report: More state governments are buying cyber insurance
Municipal Bond Credit Report: Nearly half of state governments had cyber insurance in 2019 and the number is expected to rise this year… Link to Story
