Continue Reading...
Posted in Cities Credit Ratings Housing Issuers NYC NYC HDC

[Moody’s] New York State Tenant Law Won’t Impact NYC Housing Development Corp (“HDC”)

June 20, 2019 – In a short note issued today, Moody’s Investor Service stated that New York State’s recently-enacted Housing…

 Continue Reading...
Posted in Credit Ratings Investing Issuers Markets Sell-Side Research States

[BAML] Munis Now Cheap to Treasuries. “The Longer the Better”.

In their June 14, 2019 Municipal Weekly report, BAML’s Municipal Research team led by Phillip Fisher offered the following takeaways:…

 Continue Reading...
Posted in Bank Credit Issuers Rating Agencies

[Moody’s] Bank Credit and Liquidity Support Flat As Issuer Variable-Rate Issuance Wanes

Moody’s Investors Service said today $7.5 billion of bank facilities (Letters of Credit, LOCs and standby liquidity) were underwritten or…