Issuance year-to-date is at $505.245, just shy of 2024's record of $507.585 billion, with $11.109 billion of supply on the calendar for the week of Nov. 17.
KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois, Build Illinois Bonds, Junior Obligation Series A, B, and C of December 2025. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
New data from The Bond Buyer's 2025 Infrastructure Survey dives into how municipalities will be affected by the likely demise of FEMA and other shifts.
The Fargo-Moorhead Metropolitan Area Flood Risk Management Project had a deadline Friday for bondholder consent to a settlement resolving construction disputes.
Maryland's financial challenges are resurfacing via a report from the Department of Legislative Services projecting a $1.4 billion budget deficit in fiscal year 2027.
Gulf Development Public Company Limited, Thailand?s leading conglomerate, has been assigned an ?A? corporate credit rating with a ?stable? outlook by Japan Credit Rating Agency.
"Despite the plethora of red flags, UMB wired the requisitioned amount based on
the fraudulent wire instructions," the plaintiff said in its complaint.
LONGWOOD, Fla. The Series 2025 Bonds are guaranteed by certain subsidiaries of Waste Pro pursuant to guaranty agreements and as described in the indentures and loan agreements relating to each of the Series 2025 Bonds. "The financial stewardship of our privately-owned, family-run company provides a stable foundation for sustained, long-term growth.
Multi-layered state oversight, strict fiscal safeguards and durable revenue pledges support New York City GO and TFA bonds even as investors brace for policy shifts under mayor-elect Zohran Mamdani.
Illinois lawmakers sent Gov. JB Pritzker a bill to facilitate the use of STAR bonds for economic development, which has happened only once in 15 years.
"Continuing yield stability ... suggests a comfortable market that, even with the shutdown apparently close to ending, may resist/lag potential price/yield changes in taxables," said Matt Fabian, president of Municipal Market Analytics.
The new hires in four major offices bring expertise and regional coverage to better serve the firm's clients, and Loops plans to expand further to build on its existing strengths.
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
The winners of the Freda Johnson Award are Jeanette Weldon of the Connecticut Health and Educational Facilities Authority and Elaine Brennan of Roosevelt & Cross Inc.
KBRA assigns a long-term rating of AAA to the Special Obligation School Financing Bonds, Series 2025, issued by the Virginia Public School Authority on behalf of the County of Hanover, VA. Concurrently, KBRA assigns a AAA rating to outstanding parity obligations.
AllianceBernstein continued to expand its lineup of actively managed fixed income ETFs, with the release of two new products: the AB New York Intermediate Municipal ETF (NYM) and the AB Core Bond ETF (CORB) . The firm said that global trading firm Jane Street will act as the lead market maker for both funds.
Arrington announced he will not seek reelection in 2026 after helping shepherd President Trump's first major tax bill through Congress, marking the first GOP House chairman to check out in 2026.
A planned vote on health insurance subsidies will be key to how Congress handles the next funding cliff at the end of January, market participants said.
Some of the most active sectors have been education (+29%), GOs (+17%) and healthcare (+17%), said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
Assured Guaranty commented on Brightline and PREPA during its third-quarter earnings call, on which the company reported a 46% increase in third quarter gross par written year over year, to $7.85 billion from $5.38 billion.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Wildfire, Flood and Hurricane Scores, according to ICE Climate Data. A $9 million offering from Beaumont, Calif., records a Wildfire Score of 5.0 out of 5.0, ICE reports.
New York will license up to three casinos in New York City. What returns can the state and expect on new entrants to an increasingly crowded gambling market?
NASHVILLE, Tenn. "Today, we announced the launch of the AB New York Intermediate Municipal ETF (NYM) and AB Core Bond ETF (CORB), two key additions to our Active Fixed Income ETF lineup," said AB's Global Head of ETFs & Portfolio Solutions Noel Archard.
The muni market may see additional volatility due to "uncertainties related to the future of tariffs and stronger inflation prints," said Barclays (BCS) strategists led by Mikhail Foux.
The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape
The California Debt and Investment Advisory Commission explored public finance solutions to child sexual abuse claims this week at an event in San Diego.
Essent Group Ltd. (ESNT) today reported net income for the quarter ended September 30, 2025 of $164.2 million or $1.67 per diluted share, compared to $176.2 million or $1.65 per diluted share for the quarter ended September 30, 2024. Essent (ESNT) also announced today that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share.
Investors added $1.266 billion to municipal bond mutual funds in the week ended Wednesday, following?$744.3 million of inflows the prior week, according to LSEG Lipper data.
Growth in total assets, particularly from gross loans and cash reserves, drove net interest income expansion
* INVESTMENT STRATEGY - Investment of excess reserves into municipal securities with ...
Louisiana State Treasurer John Fleming indicated he is open to compromise on the nature of state oversight for the city, which may have trouble making payroll.
RAPID CITY, S.D., Nov. 05, 2025 -- Black Hills Corp. (BKH) today announced financial results for the third quarter ended Sept. 30, 2025. Third quarter GAAP EPS was $0.34 compared to $0.35 in 2024. Year-to-date GAAP EPS was $2.58 compared to $2.52 in the same period in 2024.
While the market navigates a surge in supply, another focus area has become elections and their potential to shift market demand, as several regional election results will likely garner greater attention over the next few months, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.