Bonds

“As issuers see our name out there, that we’re willing to put our capital commitment in play, they’re going to give us opportunities to be an underwriter more and more,” Noe Hinojosa, president of Estrada Hinojosa, said. Estrada Hinojosa Estrada Hinojosa & Co., which was acquired by Texas Regional Bank in August, is expanding its

<img src=”https://public.flourish.studio/visualisation/21374434/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady to slightly weaker in spots, while U.S. Treasury yields rose a little and equities ended down after the Federal Open Market Committee, as expected, held rates steady. “Both the FOMC’s December Summary of Economic Projections and current rate futures suggest 50 basis points of additional cuts

Ramirez promoted Patty McGrorry to head of underwriting and Lorry Palacios to co-head of public finance. Ramirez & Co. promoted two investment bankers to senior management. Patty McGrorry, managing director, was promoted to head of underwriting. Lorry Palacios, senior managing director, was promoted to co-head of public finance. The two have worked at Ramirez for

<img src=”https://public.flourish.studio/visualisation/21361104/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Tuesday ahead of the Federal Open Market Committee meeting as U.S. Treasury yields were little changed and equities ended up. This year may see higher levels of volatility due to the uncertainty about forthcoming policies from President Donald Trump’s administration, said BlackRock strategists. “An emphasis on

<img src=”https://public.flourish.studio/visualisation/21344305/thumbnail” width=”100%” alt=”chart visualization” /> A new artificial intelligence model from Chinese firm DeepSeek led to a selloff in tech stocks, which, in turn, scared the broader market. In response, investors flocked to safe haven assets like municipal bonds and U.S. Treasuries. Muni yields fell five to seven basis points, depending on the scale,

“The assumption that FEMA is there protects every credit,” said Sarah Sullivant from S&P Global Ratings.S&P Global Ratings President Donald Trump signed an executive order Sunday establishing a task force to evaluate the Federal Emergency Management Agency as he floated the idea of abolishing a department that many in the municipal bond market consider key to

KBRA downgraded Chicago’s GO bonds to A-minus on Friday. The outlook is negative. Bloomberg News Kroll Bond Rating Agency downgraded Chicago’s general obligation bonds to A-minus from A on Friday. KBRA said the move reflects the city’s “extremely limited” options for raising new recurring revenues or materially cutting operating expenditures. It said those conditions will

&amp;amp;lt;img src=”https://public.flourish.studio/visualisation/21307028/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;gt; Municipals were steady Friday as U.S. Treasury yields fell slightly and equities ended lower. The 10-basis-point-plus UST rally in the week of Jan. 13 led to slightly more attractive muni-UST ratios as munis lagged, but not for long, said Barclays strategist Mikhail Foux. While UST yields were stable the

Hans Hanf, former head of municipal markets at BAM, was remembered by friends and colleagues. Hans Hanf, former head of municipal markets at BAM, whose career in municipal finance spanned nearly half a century, died on Jan. 22.  He was 76. Hanf’s friends and colleagues remembered him as someone who could effortlessly bring people together.

Nevada Gov. Joe Lombardo sparked a budget firestorm ahead of the legislative session by proposing a budget with a deficit and naming a new budget chief. Nevada Gov. Joe Lombardo replaced his budget chief just days before Nevada lawmakers convene on Feb. 3 for their regular legislative session, where they will discuss the governor’s budget

Warren “Bo” Daniels will lead the meeting as chair of the MSRB board. MSRB Ongoing work to potentially simplify the submission process for new issue disclosure and discussion of dealer supervisory obligations given changing work patterns will be among the topics on deck at the Municipal Securities Rulemaking Board’s upcoming quarterly board meeting. The MSRB’s

PREPA bondholders told the Puerto Rico Energy Bureau rates must be set to cover outstanding bond principal and interest. The Puerto Rico Oversight Board and bondholders of the Puerto Rico Electric Power Authority are engaged in a potentially high stakes argument over how electric rates should be set, which could profoundly impact bondholders’ recovery. The

&amp;amp;lt;img src=”https://public.flourish.studio/visualisation/21290760/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;gt; Municipals were weaker Thursday as the primary market slowed and muni mutual funds saw inflows top $2 billion. U.S. Treasuries saw yields rise five years and out and equities ended mixed. The two-year municipal to UST ratio Thursday was at 64%, the five-year at 64%, the 10-year at 66%

Chicago’s City Hall, where Mayor Brandon Johnson negotiated a 2025 budget that Moody’s called credit neutral but which drew a downgrade from S&P Bloomberg News Chicago plans to sell roughly $830 million of general obligation bonds to help finance its 2024-28 capital improvement plan, according to the city’s finance team. The bond sale was announced

The Texas House and Senate unveiled their budget plans for the fiscal 2026-27 biennium.Bloomberg News The Republican-controlled Texas House and Senate on Wednesday unveiled base budget plans for the upcoming biennium with both chambers proposing to continue funding and expand a massive property tax cut enacted in 2023. Armed with a record $39.4 billion cash

&lt;img src=”https://public.flourish.studio/visualisation/21273943/thumbnail” width=”100%” alt=”chart visualization” /&gt; Municipals were firmer Wednesday as the primary market picked up, led by the $2 billion retail pricing from the Regents of the University of California in the negotiated market and a $1.2 billion deal from the state of Washington in four series in the competitive market. U.S. Treasury yields

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five bond financings in the ranking came in at more than $7 billion, according to data from LSEG. The top 20 bonds had a total issuance volume of more than $15 billion. Scroll through to see which bond financings are

&amp;lt;img src=”https://public.flourish.studio/visualisation/21257304/thumbnail” width=”100%” alt=”chart visualization” /&amp;gt; Municipals were firmer Tuesday as U.S. Treasury yields fell and equities ended up. Muni yields were bumped one to four basis points, depending on the scale, while UST yields fell up to seven basis points out long. As the last third of January progresses, munis are in the red,

Rep. Jason Smith, R-Mo., chairs the House Ways and Means Committee weighing the tax-exemption’s fate. The House Ways and Means Committee is considering the total elimination of tax-exempt bonds, according to a 51-page list of targeted programs, policies and plans for a reconciliation bill obtained Friday by The Bond Buyer. It’s a wide-ranging and tentative

Search and rescue operations in Los Angles Wednesday in the wake of the Palisades Fire. Bloomberg News Fitch Ratings placed four credits — led by the city of Los Angeles the Los Angeles Department of Water and Power — on rating watch negative, citing the region’s wildfires. Fitch also placed two utilities tightly linked to

“Because of the broad, bipartisan support we have built for the LIHTCs, we believe there is a real opportunity to include housing credit provisions in the forthcoming major tax legislation,” said Emily Cadik, CEO, Affordable Housing Tax Credit Coalition. AHTC The Trump administration is sending out signals about how it intends to address the nation’s