Bonds

In a striking move that sends ripples across the investment landscape, Utah has unveiled a plan to finance a monumental development project with a staggering $247.74 million in unrated tax-exempt revenue bonds. Scheduled for pricing on an upcoming Thursday, this financing strategy is emblematic of a broader trend towards ambitious public-private partnerships. What’s particularly noteworthy

When examining the powerful institutions that shape America, Harvard University often emerges as a symbol of prestige and intellectual credibility. However, recent allegations surrounding its $750 million bond sale have sparked a serious debate about accountability, transparency, and the implications of higher education institutions not disclosing critical information. New York Republican Representative Elise Stefanik’s request

In a bold vision for Oklahoma City’s sports landscape, the city council has given the green light to a monumental deal ensuring that the Oklahoma City Thunder will remain an integral part of the community until at least 2053. This isn’t just another sports deal; it signals a long-term commitment that could define the city’s

The high-yield segment of the municipal bond market is currently demonstrating an unexpected resilience, akin to a phoenix reborn from the ashes. Despite enduring significant turbulence during 2022 and 2023, which saw an alarming outflow of investor capital, the high-yield sector is re-emerging with renewed vigor. The key catalyst enabling this resurgence is a promising

Philadelphia, a city often typified by its historical significance and vibrant culture, is on the verge of making waves in the financial markets with its upcoming bond issuance. The City of Brotherly Love is gearing up to price a substantial $817 million in general obligation bonds for the first time since 2021. This move could

The decision by the Consolidated Commission on Utilities in Guam to approve a substantial $270 million bond sale for the Guam Waterworks Authority is strikingly ambitious. At a projected interest rate of 4.91%, this move opens new avenues for funding vital infrastructure needs while simultaneously presenting a potential risk for the territory’s fiscal health. Bond

This week, Salt Lake City is poised to make headlines with the sale of a staggering $900 million in sales tax revenue bonds. The funds are earmarked for the renovation of the Delta Center and improvement of local infrastructure. At first glance, it appears to be a bold investment in the city’s future, boosted by

Chicago’s ambition to issue $517.95 million in general obligation bonds—both taxable and tax-exempt—exemplifies the city’s escalating fiscal conundrum. Underneath this looming financial maneuver lies an unsettling reality exacerbated by a recent downgrade from Fitch Ratings, which has cast a dark shadow over the city’s creditworthiness. With a staggering budget deficit projected at over $1.1 billion

Amid tumultuous shifts in financial markets and broader economic uncertainties, municipal bonds have displayed a surprising level of stability. As U.S. Treasury yields inch upwards, the steadfast nature of municipal bonds cannot be overlooked. The municipal-bond market plays a crucial role in financing public projects across a diverse spectrum—from infrastructure to education—yet it is currently

For more than ten years, the landscape of the municipal bond market has been overwhelmingly shaped by callable bonds, particularly the standout 5% variety. These bonds, with their generous coupons, have often been heralded as a safe haven for investors seeking stability and yield. Yet, beneath their seemingly appealing façade lies a convoluted reality that