The municipal bond market saw the lowest monthly issuance total in November, but that did not stop this year’s total volume passing 2019’s and all but confirms 2020 will end with a new record. Muni bond issuance took a nosedive in November to the tune of $18.84 billion in 735 deals,

S&P Global's plans to buy IHS Markit, a move that will further consolidate global financial technology, data and ratings providers to form a new company that will increase its focus on ESG and climate. “Combined, the two companies will provide comprehensive solutions across data, platforms, benchmarks and analytics in ESG, climate

A Biden Administration is likely to be favorable to a wider use of private activity bonds just as its federal cap for surface transportation is practically at full capacity. Combined with bipartisan support of PABs and a robust laundry list of infrastructure goals in President-elect Joe Biden’s Build Back Better plan

President-elect Joe Biden took a significant step this week toward addressing the damage to the U.S. economy inflicted by the coronavirus pandemic, naming an economic team led by his choice for Treasury secretary, former Federal Reserve Chair Janet Yellen. In Yellen, Biden will have a battle-tested policymaker who can draw on

The A Line train, which opened

WASHINGTON — The Federal Reserve and the Treasury Department have agreed to extend the life of four emergency lending facilities, created in response to the coronavirus pandemic, to March 31. Treasury Secretary Steven Mnuchin sent a letter to Fed Chair Jerome Powell Monday approving the extension of the Fed’s Commercial Paper

The Los Angeles Department of Water and Power heads to market Dec. 8 with $248 million in water system revenue bonds that carry a negative outlook from Fitch Ratings. The bond proceeds will be used to refund all or a portion of LADWP's water system revenue bonds, series 2011A and series

Illinois will borrow $2 billion through the Federal Reserve’s short-term lending program that expires at the end of the year, Gov. J.B. Pritzker announced Wednesday. The state had been weighing how much to tap of the $5 billion in authority granted by state lawmakers in the spring when they signed off

Sen. Mike Crapo, R-Idaho, was a

COVID-19 related curbs on economic activity in Massachusetts triggered a downgrade on Wednesday from S&P Global Ratings, which lowered its rating on the commonwealth’s Series 2004 special obligation dedicated tax revenue bonds and Series 2005 revenue refunding bonds two notches to BBB-plus from A. The outlook is negative. “The downgrade reflects a