Municipal Bond Credit Report: New York official asks IRS to withdraw SALT regulations
Municipal Bond Credit Report: WASHINGTON – A New York county executive urged the Internal Revenue Service Monday to drop its proposal to restrict workarounds of the $10,000 cap on the…
Municipal Bond Credit Report: Pension buyouts for Illinois budget remain in flux
Municipal Bond Credit Report: CHICAGO – Illinois’ budget assumptions of $400 million in fiscal 2019 savings from pension buyouts remain uncertain as the state’s largest fund is preparing to launch…
Municipal Bond Credit Report: Fiscal progress drives Atlantic City bond rating upgrade
Municipal Bond Credit Report: Continued upward fiscal momentum gave Atlantic City its second multi-notch upgrade in a two-week stretch…. Link to Story
Municipal Bond Credit Report: Illinois sales tax bond rating takes a five-notch hit
Municipal Bond Credit Report: CHICAGO – Illinois’ sales tax-backed bonds took a five notch hit from S&P Global Ratings as a result of revised criteria published last week that more…
Municipal Bond Credit Report: Chicago Public Schools fares better on short-term rates
Municipal Bond Credit Report: CHICAGO – Chicago Public Schools slashed its short-term borrowing rates by more than two percentage points in its first tax anticipation note issue of the fiscal…
Municipal Bond Credit Report: Prophet of Muni Market Doom Wasn’t Wrong—Just Early
Municipal Bond Credit Report: Eleven years ago next week, a then-obscure bank analyst made the call of a lifetime when she said Citigroup would be brought low by bad mortgage…
Municipal Bond Credit Report: Why investors would likely benefit from public pre-trade information
Municipal Bond Credit Report: WASHINGTON – The pre-trade information available on alternative trading systems to broker-dealer participants would likely benefit all municipal securities investors if made more publicly available, the…
Municipal Bond Credit Report: Chicago Public Schools selling unrated notes competitively
Municipal Bond Credit Report: CHICAGO – The Chicago Board of Education will sell $200 million of unrated tax anticipation notes Thursday in its first competitive note offering in recent memory….…
Municipal Bond Credit Report: Opportunity Zones expected to unleash a wave of private capital investment in localities
Municipal Bond Credit Report: WASHINGTON – The finances of local governments around the U.S. and its territories will soon benefit from a wave of private capital investment now that the…
Municipal Bond Credit Report: Low growth, high leverage cost Vermont a triple-A rating
Municipal Bond Credit Report: Low economic and population growth mixed with high leverage cost Vermont one of its triple-A ratings.Moody’s Investors Service downgraded Vermont general obligation bonds to Aa1 Tuesday,…
