Tag: Municipal Bond Credit
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Municipal Bond Credit Report: San Francisco cuts service to majority of transit lines
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The San Francisco Municipal Transportation Agency cut service to 70 out of its 89 lines this weekend… Link to Story
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Municipal Bond Credit Report: Municipal bond yields fall again on Fed hopes, potential coronavirus plateau
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The municipal market again saw yields fall across the curve, dropping as much as eight basis points on the short end Monday and up to 15 on the long end… Link to Story
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Municipal Bond Credit Report: Illinois’ investment grade rating threatened by coronavirus fiscal toll
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois inched closer to a junk rating as S&P Global Ratings moved the outlook on the state’s BBB-minus credit to negative from stable due to the economic, pension, and budgetary threats posed by the COVID-19 pandemic… Link to Story
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Municipal Bond Credit Report: Pelosi should ‘stand down’ on passing another rescue bill, McConnell says
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: One week after the Senate unanimously passed a $2 trillion emergency relief bill aimed at limiting the financial trauma from the coronavirus pandemic, Senate Majority Leader Mitch McConnell, R-Ky., said he would move slowly on considering any follow-up legislation and would ignore the latest efforts by House Speaker Nancy Pelosi, D-Calif.,…
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Municipal Bond Credit Report: Democrats Push for Fed to Have Sole Sway Over Municipal Rescue
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Congressional Democrats are pushing to have the Federal Reserve take over the rescue of state and local debt markets — cutting the Treasury Department out of the decision-making… Link to Story
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Municipal Bond Credit Report: Tampa Bay executives offer advice for those seeking SBA loan relief during pandemic
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The federal government may have enacted a massive $2 trillion coronavirus aid package, including $350 billion in forgivable loans for the Small Business Administration, but Tampa Bay executives say it could take three months for those loans to reach businesses struggling to stay afloat.. Link to Story
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Municipal Bond Credit Report: Las Vegas gets negative outlook as coronavirus empties Strip
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Nevada’s state-ordered stay-at-home order has turned the Las Vegas strip into a ghost town… Link to Story
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Municipal Bond Credit Report: Coronavirus challenges health of higher education sector
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The rapid spread of COVID-19 creates enormous uncertainties about the health of U.S. colleges and universities… Link to Story
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Municipal Bond Credit Report: Bond-financed hotels take a hit as COVID-19 wipes out conventions
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The conventions and meetings that have been cancelled because of COVID-19 are putting pressure on the credit of convention centers and municipal bond-financed hotels built to support them… Link to Story
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Municipal Bond Credit Report: Coronavirus shadows student housing bonds as students vacate early
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Developers of bond-financed student housing say it’s been difficult to obtain reliable information to share with their investors as the coronavirus crisis closes college campuses… Link to Story