This MSRB study examines the taxable bond market through the lens of the COVID-19 pandemic. It examines taxable bond issuance volumes during the pandemic and compares them to levels seen during the Build America Bonds program. In many cases, taxable...

This is the first State of the Market Report for North America. This report describes the shape and size of labelled green, social and sustainability (GSS) debt issued by entities domiciled in either the USA or Canada extending to the end of March...

This research from Fitch Ratings examines how the COVID-19 pandemic has complicated housing affordability. Issues that led to the persistent housing unaffordability preceded COVID-19. The pandemic caused an economic contraction felt among millions...

This report provides an update as of November 23, 2020 on all of the Federal Reserve's outstanding lending facilities. These include the Primary Dealer Credit Facility (PDCF), the Commercial Paper Funding Facility (CPFF), the Municipal Liquidity...

Volatility has risen significantly in financial markets, driven by COVID-19. How might this affect US multifamily and commercial real estate (CRE) transaction markets? In this paper, Moody's explores these issues, fully acknowledging that learning...

During this installment of the CDFA // BNY Mellon Development Finance Webcast, hear from our experts as they dive into the data, examine the trends, and offer a preview of the bond market in 2020.

This report from Janney Montgonery Scott LLC's Investment Strategies Group provides an outlook of the capital markets in 2020. Their views should help to sharpen the focus on those that matter as they score the evolution of trade, the global...

While digital technology has transformed virtually every industry, in certain respects the muni bond market continues to operate in ways that date back to its origins more than 200 years ago. In this Bond Buyer white paper, find out how new...

Brian Hagan discusses the state's economic development finance climate, access to capital opportunities and prospect for economic advancement. In addition, Hagan also discusses what's going on in the statehouse and how the political environment on...

Steve Eikenberry walks through bond deals and explores strategies for maximizing the tool throughout the state. He also discusses the current state of Private Activity Bonds structures.

Maik focuses on how bonds can be used today to provide a significant portion of a project's capital stack with a special focus on bond financing programs in Florida.

Mark Reader discusses Arizona's economic development finance climate, access to capital, opportunities and the prospect for economic advancement. Reader also presents Trump's tax reform, a bond market update and improvement district studies.

Jay Berens explores how IDAs in AZ play a role in economic growth and what we can expect for overall trends in issuance and performance.

Pat Ray explores how IDAs in AZ play a role in economic growth and what we can expect for overall trends in issuance and performance.

Bond financing remains the bedrock development finance tool for economic development in an ever-evolving market. Linda Matkowski with Stern Brothers & Co. and Mark Spykerman with Gilmore & Bell, PC explore the recent trends in bond financing...

The 2017 CDFA Michigan Financing Roundtable Webinar discusses the latest and greatest in Development Finance across the state. The webinar includes two sessions: Development Finance Current Events Review and The Michigan Bond Market. Experts, Craig...

Total volume for 2016 finished 11.2% higher at $450.31 billion from $404.96 billion in 2015, according to The Bond Buyer's annual review. Refunding volume drove the surge in volume, as issuers rushed to market to take advantage of historically low...

Total volume for 2015 finished 19.1% higher at $403.77 billion from $339.05 billion in 2014, according to The Bond Buyer's annual review. The most notable stat is refundings at $165.67 billion, up 29.5% from 2014’s total.

During this CDFA // BNY Mellon Development Finance Webcast, hear from muni bond experts as they reflect on 2015 and forecast the rest of 2016.

In these CDFA // BNY Mellon Development Finance Webcast slides, hear from muni bond experts as they reflect on 2015 and forecast the rest of 2016.

During this CDFA // BNY Mellon Development Finance Webcast, a briefing of the capital markets is presented by Bob Gamble of Public Financial Management, as we move into the fourth quarter of 2015.

An update on the capital markets is presented by Bob Gamble of Public Financial Management for the CDFA//BNY Mellon Development Finance Webcast Series.

LPL Financial Research gives a report on the municipal market of 2015, illustrating the many influencing factors.

This webcast examines last year’s trends considering volume estimates, rate predictions, and other factors that could influence the municipal bond market in 2015. Speakers include Rena Nakashima from The Bank of New York Mellon, Amy Laskey of Fitch...

Bob Gamble of Public Financial Management gives an introductory overview of bond financing.

In this installation of the CDFA // BNY Mellon Webcast Series, Matt Posner of the Municipal Market Advisors leads a discussion of the municipal bond market and current issues.

In the development finance industry, we know that a strong and participatory investor class is essential to the livelihood of the bond market. How are investors responding to the low volume the market has experienced this year along with the...

John Sassaris with MB Financial Bank shares his view of the bond market, with a discussion on current volume, successful projects, and opportunities for economic development.

Bond Buyer released their annual review of the municipal bond market, highlighting major trends and activities across the industry. Highlights include: refunding decline, insurance, state revenue outlooks and more.

Fitch Ratings released this special report which analyzes and rates migration and default experience of Fitch-rated U.S. public finance securities in 2013.

Natalie Cohen with Wells Fargo Securities explores municipal bond insurance from its inception to the recent decline. Cohen covers influential historic trends and looks at the renewed focus and opportunities offered by rising interest rates.

Jack Brusewitz with Hilliard Lyons presents to the Roundtable on public financing in Michigan, beginning with an introduction and moving to a market update with two case studies.

John Hallacy with Assured Guaranty describes the market trends for municipal bonds, their yields, expenditures and issuance.

Philip Smith with Stern Brothers gives his outlook on the municipal bond market with a deeper insight to credit trends in state and local governments, infrastructure deals, housing, higher education and non-profit hospitals.

Michael Cohen with Property & Portfolio Research provides an overview of the U.S. macro trends and projections including insight on jobs, capital spending, housing, vulnerable markets and much more.

Municipal Securities Rulemaking Board (MSRB) published this edition of the Continuing Disclosure Statistical Summary which analyzes disclosure documents submitted by issuers to MSRB on an annual, quarterly and monthly basis from July 2009 through...

Securities Litigation & Consulting Group released this guide to help interested parties understand MSRB's EMMA and evaluate the broad discretion broker-dealers exercise when selling municipal bonds to the public at markups over the price they buy...

This report, prepared by IHS Global Insight, assesses the major types of state and local infrastructure that is supported by tax-exempt bond financing and estimated the economic impact of spending cuts precipitated by municipal bond tax exemption...

Lew Milford with Clean Energy Group discusses the lending market and financing trends for clean energy developments. Milford explains the Clean Energy + Bond Finance Initiative, and how capital markets provide an avenue to spur investment in...

Cheryl Strickland of Stifel, Nicolaus & Company, Inc. presents information on market and economic trends in Georgia as well as the national municipal bond market and the role that bonds play in development finance.

Wally Stock with PNC Capital Markets provides an overview of the municipal bond markets in Illinois. The overview provides historical bond volume, issuance trends, interest rates, credit spreads, and commentary.

Standard & Poor's released their full analysis credit rating analysis of Build America Mutual Assurance Company. The report explains major rating factors, outlook, structure and more.

Moody's Investor Service released this issue along with a detailed opinion and key statistics behind assigning Aa1.

Jason Rittenberg at CDFA shares original research reports on the 2011 National Volume Cap & State Small Business Credit Initiative.

Cadmus Hicks with Nuveen Investments provides market reports and analysis on tax-exempt bonds and revenues to the California Debt and Investment Advisory Commission.

Local Initiatives Support Corporation's Educational Facilities Financing Center releases Volume 2 of Charter School Bond Issuance: A Complete History. This volume covers the bond market, best practices, and credit considerations.

Donald Gilligan with NAESCO briefly covers the U.S. ESCO Industry.

Metropolitan Policy Program at Brookings recommends exempting Private Activity Bonds from the Alternative Minimum Tax in order to attract private-sector investment in infrastructure.

Advisory Commission on Intergovernmental Relations report published 1963 examines state and local financing of industrial development bonds and makes several recommendations for municipal, state, and federal policy.

This report from the Securities and Exchange Commission provides a detailed review of municipal bonds and the municipal bond market, and suggests a number of legal and regulatory reforms.