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Nearly 40% of the fees it pays for bond sales go to women-owned, minority-owned and service-disabled veteran-owned investment banks.

They will benefit projects in transportation infrastructure, housing, educational building improvements and parks.

- U.S bond funds attracted a massive amount of money in the week ended April 14 as bond yields dropped on easing worries over higher inflation and amid strong demand for 30-year bonds in this week's auction. According to Refinitiv data, U.S. bond funds received an inflow of $10.2 billion, though it was about 30% less than in the previous week.

Bank of Commerce Holdings (BOCH), a $1.829 billion asset bank holding company and parent company of Merchants Bank of Commerce, today announced financial results for the quarter ended March 31, 2021.

U.S bond funds attracted a massive amount of money in the week ended April 14 as bond yields dropped on easing worries over higher inflation and amid strong demand for 30-year bonds in this week's auction. According to Refinitiv data, U.S. bond funds received an inflow of $10.2 billion, though it was about 30% less than in the previous week.

Four out of the six economic indicators released on Thursday surpassed expectations, with consumers tapping their savings to quench pent-up demand. U.S. Treasuries made gains but municipals stood on their own in an impressive two-day rally with insatiable demand.

* S&P SAYS PENNSYLVANIA'S SERIES 2021 GENERAL OBLIGATION BONDS RATED 'A+' WITH A NEGATIVE OUTLOOK Source text: https://bit.ly/32fLN8R.

A case settled this week was the first brought in decades by FINRA for a rule violation on quotations.

Forward delivery sales, a replacement for tax-exempt advance refundings, could grow in 2021.

Westamerica Bancorporation, parent company of Westamerica Bank, generated net income for the first quarter 2021 of $20.1 million and diluted earnings per common share of $0.75. First quarter 2021 results include ?make-whole? interest income on corporate bonds redeemed prior to maturity, which increased EPS $0.02. These results compare to net income of $23.8 million and EPS of $0.89 for the four...

New Jersey lines up $400M sale with outlook boost

Chicago expects to receive $1.9 billion from the American Rescue Plan, which officials hope to use instead of the debt restructuring, a one-time tactic that is frowned upon by many in the industry.

The economy grew faster from late February through early April while consumer spending increased, with a possible rise in inflation in the near term, according to the Federal Reserve?s Beige Book released on Wednesday.

They say the bankruptcy judge should delay ruling on the relative priority of Puerto Rico's bonds until she deals with the central government plan of adjustment.

The P3 taxable deal aims to replace the state?s old, dilapidated and outdated jails with more modern alternatives in a bid to ease prison overcrowding and provide new services to inmates.

Investors who make the leap toward greater use of alternative data will find that the quality and accuracy of their credit assessments will benefit from the use of alternative data when used in place of subjective or qualitative guesswork.

Firm?s portfolio managers to offer latest insights on municipal bond and broader fixed income markets and provide updates on Putnam closed-end funds Putnam Investments announced today that it will hold a webcast on Wednesday, April 21st at 4:15 p.m. ET for the following Putnam closed-end fund strategies: During the webcast, portfolio manager Paul M. Drury will provide updates on the municipal ...

The agenda includes discussion of possible changes to MSRB Rule G-10, on investor and municipal advisory client education and protection.

ORIX Corporation USA, the Americas business of the international financial services group ORIX Corporation (IX), announced today that its Municipal and Infrastructure Finance business recently completed a $44.8 million tax-exempt and taxable bond financing to fund the acquisition of five senior housing communities that are part of the Coventry Properties of Minnesota.

One-year municipal debt has fallen to record lows with benchmark yield curves at 0.05% and the 10-year muni has fallen below 1% while 30-year muni benchmark yields at or less than 10-year UST.

Recent budgetary and pension reports underscore how llinois must proceed with caution in spending $7.5 billion of federal aid.

Instead of trying to spend more within traditional programs, the federal government should design more modern policy, Brookings experts said.

Fire scorched two million acres across both states, but muni credits remained relatively unscathed.

Assured Guaranty (AGO) and National Public Finance Guarantee reached a deal with the Oversight Board on repayment of $4.6 billion of revenue bonds.

Municipal bonds, issued by state and local governments, finance infrastructure investment and should be the foundation of any modernization package.

NEW YORK, April 13, 2021 ?CUSIP Global Services? today announced the release of its CUSIP Issuance Trends Report for March 2021. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a significant monthly increase in request volume for new corporate and municipal identifiers.

Rating agency moves on credits across the spectrum are pushing spread-tightening in munis, but the broader economy is still two years away from pre-pandemic levels, according to Federal Reserve Bank of Boston President Eric Rosengren.

S&P : * S&P SAYS CALIFORNIA'S VARIOUS PURPOSE GO BONDS RATED 'AA-' WITH A STABLE OUTLOOK Source text:

While state budget language restricts the governor's use of $1.3 billion of bonding, he has other options as transit advocacy groups push back.

Fitch: * FITCH RATES CALIFORNIA'S $1.1 BILLION GO BONDS 'AA'; OUTLOOK STABLE Source text for Eikon:

Texas A&M University System purchased the privatized housing at three campuses through a taxable revenue bond deal.

MarketAxess Holdings Inc.?, the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, completed its previously announced acquisition of MuniBrokers, a central electronic venue serving municipal bond inter-dealer brokers and dealers, on April 9, 2021.

Chicago's investors will be on the hunt for answers to how the city intends to use federal dollars, including whether it's going to scrap scoop-and-toss plans and meet rising pension contributions.

Ratios aren't budging as municipal to UST outperformance is not abating. The three largest deals of the week will be taxable, increasing the demand component for exempt paper.

The state says the Centers for Disease Control's anti-COVID-19 safety protocols for the cruise ship industry are illegally burdensome and exceed its authority.

Wiggins takes the helm as the system strives to recover from the pandemic and build out its rail network ahead of the 2028 Olympics.

Illinois is among the states that critics say have downplayed their unfunded long-term debts and should be forced by new GASB rules to become more transparent.

If an infrastructure bill does go through a partisan route, municipal bonds? future could be very fluid.

Smith, who joined the Michigan-based law firm in 2016, will lead a 16-member team.

The administrative shuffle also means that Edward Killen, who had been promoted to Acting Commissioner of TEGE, will return to the role of deputy.