Bonds

“I love that every deal is a little different and there is something to be learned from each one,” said Stephanie Kim. Title: Of Counsel Firm: Ballard Spahr LLPAge: 36 Stephanie Kim packs a full legal toolbox for her role as of counsel in the Washington, D.C., office of Ballard Spahr. Since moving from the Atlanta

“I like rolling my sleeves up, looking at the numbers, figuring out the story in my head, as I’m reading everything,” Matthew Shapiro said. Title: DirectorFirm: Assured GuarantyAge: 35 The challenge of covering healthcare and higher education credits has never scared Matthew Shapiro. “I like rolling my sleeves up, looking at the numbers, figuring out

“I really value individuals who come from non-traditional backgrounds, who bring with them a different skill set and a different experience,” Ashlee Gabrysch said. Title: Director, Regional ManagerFirm: Fitch RatingsAge: 39 As Ashlee Gabrysch wrapped up her bachelor’s degree in interdisciplinary Slavic studies at the University of Chicago, she realized she might need to change

“My goal, whether I was in muni finance or any other part of the investment management industry, was to support females and help them advance,” Regina Gaysina said. Title: DirectorFirm: RBC Capital MarketsAge: 34 Regina Gaysina is the most active K-12 municipal financial advisor in New Mexico — and the only woman in her role

“We do different stuff for school districts than we do for anybody else,” said Mattie Prodanovic. Title: Senior Vice PresidentFirm: HilltopSecuritiesAge: 33 Having the right professor at the right time can make all the difference. Mattie Prodanovic enrolled at the Harris School of Public Policy at the University of Chicago thinking the public policy master’s degree she earned

Municipals were mixed in secondary trading Tuesday amid an active primary that saw two large airport deals from Dallas-Fort Worth and Atlanta price. U.S. Treasuries were also mixed, and equities sold off. The two-year muni-to-Treasury ratio Tuesday was at 63%, the three-year at 63%, the five-year at 63%, the 10-year at 65% and the 30-year

The Federal Emergency Management Agency’s response to the wildfires that took the Hawaiian island of Maui by storm will likely add pressure to negotiations to replenish its already dwindling Disaster Relief Fund, which will be a major focus when Congress returns from recess Sept. 5. The wildfires that destroyed at least 20 square miles, 13,000

Annual tax revenue collection in Massachusetts fell by 4.7% in fiscal year 2023, the State Department of Revenue announced in its yearly report released Friday. The state collected $39.2 billion in fiscal 2023, $1.94 billion less than in fiscal 2022 and 1.5% below the state’s set benchmark, the report said. Officials attributed the year-over-year dip

New York City’s economy has proven to be more resilient than previously projected, while a surplus from the last fiscal year combined with savings from a program to cut budget gaps, helped keep the books balanced despite rising costs from addressing the influx of migrants. While fiscal 2024 growth projections suggest a modest slowdown, the

A “substantial number” of Puerto Rico Electric Power Authority bondholders agreed in principle to a settlement, the Puerto Rico Oversight Board announced Thursday afternoon. As a result, the board sought and received an extension to Aug. 18 for the deadline to submit a proposed plan of adjustment. Board Spokesman Matthias Rieker said the board wouldn’t

The White House’s supplemental funding request, sent to Congress yesterday, aims to pass $40 billion in additional funding measures and includes a $12 billion injection for the Federal Emergency Management Agency’s dwindling Disaster Relief Fund, but some are pushing for it to be considered as a standalone bill over fears that it could be held

Amtrak and Texas railroad company Texas Central announced Wednesday they’re eying a partnership to breathe life into a long-stalled and controversial bullet train between Houston and Dallas. “If we are going to add more high-speed rail to this country, the Dallas to Houston corridor is a compelling proposition and offers great potential,” Amtrak Senior Vice

Connecticut officials say a debt service reserve fund insurance policy allowed them to fund the state’s new baby bond trust without resorting to borrowing. Since July 1 newborns birthed under Connecticut’s Medicaid program, Husky, have been automatically enrolled in CT Baby Bonds and credited with $3,200 deposit that will be invested on their behalf. Between

Municipals were little changed Friday, once again ignoring losses in the U.S. Treasury and equity markets that were digesting higher-than-expected inflation data and macroeconomic concerns. While the consumer price index came in nearly as expected on Thursday, Friday’s producer price index came in higher than expected, leaving some analysts to fear more Federal Reserve rate

Hawaii Gov. Josh Green called the fires that have devastated Maui and resulted in 55 confirmed deaths, “likely the largest natural disaster in Hawaii state history.” The wildfires that started Tuesday on Maui have burned at least 20 square miles, 13,000 acres, including the coastal town of Lahaina, according to a live map created by

Municipals were slightly firmer Thursday, outperforming U.S. Treasuries, as the last large new-issues of the week priced and mutual fund inflows returned. U.S. Treasuries saw losses across the curve following the July inflation read while equities closed out the session in the black. While the consumer price index came in mostly as expected, analysts remain

Voters in Tulsa, Oklahoma, approved an $814 million infrastructure funding package that includes nearly $385 million of general obligation bonds the city expects to sell over seven years. In Tuesday’s election, $170 million of bonds for street, bridge, and transportation systems passed with nearly 69% of the vote, $146.7 million of bonds for parks and

Municipals were firmer and Wednesday’s larger new-issue calendar was well received while U.S. Treasuries were weaker on the short end but improved 10 years and out. Equities were in the black as markets await Thursday’s monthly inflation data. “U.S. stocks pared losses after a strong auction signaled that Wall Street is very confident that inflation

An Iowa hospital filed for Chapter 11 bankruptcy this week, blocking a move by its largest bondholder to seek a court-appointed receiver and the immediate payment of principal and interest.  Monday’s filing by Mercy Hospital in U.S. Bankruptcy Court for the Northern District of Iowa stays the receivership case brought by the bond trustee Computershare

Puerto Rico’s June economic activity index rose 3% from June 2022 and 0.4% from May 2023, but the average monthly growth for fiscal year 2023 was 0.3%. Compared to the figure for June 2013, the economic activity index was down 2%. “Unless there is production, we cannot make headway,” Heidi Calero, economist and president of