Author: Jumanne Johnson
New York City’s TFA Refinances Debt, Locks In Over $370 Million of Debt Service Savings
August 20, 2020 – In a press release released by the Mayor’s Office of Management and Budget, Comptroller Scott Stringer…
S&P: Prolonged Revenue Weakness Could Pressure Convention Center Credit Ratings
July 27, 2020 – As reopenings in California and Sun Belt states are halted, S&P Global Ratings said today it…
Foreign Investors Can Achieve Over 120 Bps Incremental Yield For Taxable Munis
July 21, 2020 – An analysis by Bank of America indicated European and many Asian investors can achieve significant incremental…
Will Charges of Racism Derail Morgan Stanley and Wells Fargo’s Muni Underwriting?
July 8, 2020 – As 2020 move into its pivotal second half, investment bankers are gearing up for a slew…
Opinion: New York’s Large Bond Issuers Must Do More To Elevate Black-Owned Public Finance Firms
June 5, 2020 – All things considered, the $4 trillion U.S. municipal bond market has been welcoming of Black-owned public…
Fed Expands Municipal Liquidity Facility (MLF); New York’s MTA Seen As Notable Beneficiary
June 3, 2020 – The Federal Reserve Board announced an expansion in the number and type of entities eligible to…
COVID-19 Dislocations Widened Municipal Bond Effective Speads By ~50 bps
May 28, 2020 – Based on a recent report issued by the Municipal Securities Rulemaking Board (MSRB), the average effective…
NYC’s Personal Income Tax-Backed Bonds Receive Warm Investor Reception; Oversubscribed by 11x
May 13, 2020 – New York City’s premier credit – the AAA-rated Transitional Finance Authority (TFA) – received a warm…
One Year After California Quietly “Un-Banned” Wells Fargo From Muni Underwriting, The Bank Is Under Federal Investigation Again. Charges of Racism Taint Wall Street’s (Once) Favourite Bank.
May 7, 2020 – When making controversial decisions, politicians have learned that the best strategy is stealth. On April 3…
BREAKING: Federal Reserve Municipal Liquidity Facility (MLF) “FAQ” May Be Published Today
April 24, 2020 – Based on BuyMuni’s broker-dealer sources, the Federal Reserve is believed to be publishing its Frequently Asked…
