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Join the Muni Matrix hosts as they share a special announcement while diving into quantitative curves and the impacts of machine learning and muni analytics. Matthew Smith, CEO of Spline Data, opines on next generation curves and how they will re-shape the muni market to provide holistic benefits for all market participants. About The Muni

A school district in Portland, Oregon sold more than $140 million worth of bonds to fund capital improvement costs across the district, including several health and safety measures.  The general obligation bonds issued by the David Douglas School District in Multnomah County include almost $94 million in series 2023A bonds and $46 million in series

The city of Waco, TX has sold more than $152 million worth of bonds. The bonds will finance several infrastructure projects, including the construction of fire stations and renovation of the city’s Cameron Park Zoo. The general obligation bonds, which carry maturities between one and 30 years, yield between 2.76% for securities that mature in

A county north of Tampa, Florida, finalized a sale of more than $325 million in bonds to develop a cancer center in Tampa and its expansion to neighboring Pasco County. Proceeds from the bonds will be backed by a Florida state tax on cigarettes. The series 2023A bonds, issued by Pasco County, carry maturities between

The University of Texas system issued over $375 million worth of bonds. Proceeds from the bonds will finance refunds on obligations of the system’s board of regents. The series 2023A bonds, issued by the board of regents of the University of Texas system, will be secured by investment income from the system’s Permanent University Fund.

The city of New York sold $1.25 billion in bonds to finance general capital expenditures. The bonds mature between 2025 and 2051 and yield between 2.59% and 4.45%.  The bonds consist of a primary issuance of $950 million in tax-exempt bonds, known as subseries F-1 bonds, and two taxable issuances of $180 million and $120

A school district in Oxnard, California issued $76 million in bonds.  The bonds will be backstopped by a new district-wide property tax of 3 cents per $100 of property valuation. Payment on the bonds will begin in August 2023. The bonds have maturities between 2025 and 2053, with yields between 2.57% and 4.35%. Voters authorized

The city of Washington D.C. sold $581 million in bonds (Series 2023A) to finance general capital expenditures and $239 million in bonds (Series 2023B) to refund a previous bond issuance.  The Series 2023A bonds mature between 2026 and 2048, with yields between 2.71% and 3.88%. The Series 2023B bonds mature between 2024 and 2030, with

The Bay Area Toll Authority issued $285 million in bonds, backed by revenue from the region’s toll bridges. Proceeds from the bonds, which have variable interest rates, will be used to refund three prior series of floating rate notes. The bond with the longest tenure will mature in 2056. The variable interest will be determined

A subsidiary of the Florida Department of Transportation sold over $174 million in bonds to finance a refund to a previous bond issuance.  The bonds, issued by the Florida Turnpike Enterprise (FTE), will be payable by revenues from the Florida highway system. The state expects the recent bond sale to help finance the refund of

A county in North Carolina issued almost $385 million in bonds to make improvements to its public schools and community colleges and refinance previously issued bonds.  The bonds were issued by Wake County, the most populous in North Carolina. The bonds mature between 2024 and 2041, with yields ranging from 2.22% to 3.82%. Of the

The city of Anchorage, Alaska, issued $125 million in bonds to fund the city until 2023 property tax revenue is available.  The so-called tax anticipation bonds will have a tenure of less than one year, maturing on Dec. 15 of this year. They have an interest rate of 4.25% and a yield of 2.75%. The

A school district in St. Louis County, Missouri, issued $90 million in bonds to renovate its schools. The bonds were issued by Parkway C-2 School District, which serves eight municipalities in western St. Louis County. The bonds mature between 2026 and 2043, with yields ranging from 2.21% to 3.85%. They were given a rating of

The Michigan State Housing Development Authority issued almost $315 million in bonds to finance loans for prospective homeowners. The bonds mature between 2023 and 2053, with yields ranging from 2.85% to 4.95%. They received a rating of AA+ from S&P Global Ratings and Aa2 from Moody’s Investors Service.  “The offered bonds will be issued for

A Pennsylvania state agency issued $90 million in bonds to improve the state’s largest hospital system and refund a previous issuance. The issuer, Pennsylvania’s Economic Development Financing Authority, will apply funds from the most recent sale to refund and defease a 2013 issuance that was backed by the University of Pittsburgh Medical Center (UPMC). The

In this episode, we have a special guest, Liz Sweeney, President of Nutshell Associates and board member of the Municipal Securities Rulemaking Board (MSRB), who will be sharing her insights on the Financial Data Transparency Act (FDTA). Get ready to be captivated by Liz Sweeney’s wealth of knowledge and experience in the municipal finance industry

New issue supply has declined nearly -25% over the course of April as state and local governments have found themselves with excess cash from the American Rescue Plan. The American Rescue Plan, which was signed into law in March of 2021, provided $350 billion in aid to state and local governments (representing ~70% of the

The world of public finance is constantly evolving, and as new technologies emerge, some traditional methods are becoming less relevant. One such example is the use of fax machines in the muni market, particularly when it comes to handling competitive bids and general document correspondence.  While fax machines have been a staple of munis for

A New York state authority sold more than $1 billion in bonds to finance new buildings and equipment for the state’s schools.  The bonds, which were issued in four series by the Dormitory Authority of the State of New York (DASNY), received a rating of AA- from Fitch Ratings. The Series 2023A bonds, which included

New Jersey’s Bergen County issued more than $130 million in bonds to refinance its existing debts and make capital improvements. The bonds, which were issued by the Bergen County Improvement Authority, mature in one year and pay an interest rate of 4.5%. They received a rating of MIG 1 from Moody’s Investors Service, the highest

A county in western Maryland issued almost $100 million in bonds to finance its capital improvement plan, which prioritizes the county’s school districts. The bonds, issued by Frederick County, Maryland, received AAA ratings from Fitch Ratings and S&P Global Ratings. They mature between 2024 and 2053, with yields between 2.28% and 4.05%.  “Property and income

A town in central Alabama sold more than $90 million in bonds to make improvements to its public schools.  The bonds, issued by Pike Road, Alabama, received a rating of AA+ from S&P Global Ratings. They mature between 2024 and 2052, with yields between 2.61% and 4.08%. Proceeds from the sale “shall be used to

A California state agency that issues low interest rate housing loans sold more than $500 million in bonds to purchase affordable housing loans originated by Citibank.  The bonds will finance affordable housing projects throughout California, from Orange County in the state’s south to Sonoma County in the north. The bonds will be secured by mortgages

The city of Everett, Washington, sold $56 million in bonds to make improvements to its water and sewer system. The bonds received a rating of AA+ from S&P Global Ratings. They mature between 2024 and 2048, with yields ranging from 2.85% to 4%. “The rating reflects Everett’s broad and diverse service area economy, combined with

A New York state authority issued $275 million in bonds to finance a series of projects at Columbia University.  The bonds received an AAA rating from S&P Global Ratings and an Aaa rating from Moody’s Investors Service. The bonds mature between 2032 and 2034. The bonds that mature in 2032 will yield 2.59%, the bonds

The city of El Paso, Texas, sold more than $170 million in bonds to finance improvements to its water and sewer system.  The issuance comes as the city looks to upgrade its aging water infrastructure. The bonds will also finance a refund of $40 million in existing debt.  The city’s plan includes “rehabilitation of virtually

A Mississippi nonprofit sold more than $82 million in bonds to finance improvements to a campus of The University of Mississippi Medical Center. The bonds received an Aa2 rating from Moody’s Investors Service and an AA rating from Fitch Ratings. The bonds mature between 2036 and 2053, with yields ranging from 3% to 4.31%. The

The two airports closest to Washington, DC, sold more than $430 million in bonds to finance capital improvements. The bonds were issued by the Metropolitan Washington Airports Authority, which manages Ronald Reagan Washington National Airport and Washington Dulles International Airport. The bonds mature between 2024 and 2053, with yields ranging from 3.75% to 4.75%. They

Honolulu, Hawaii, issued more than $100 million in bonds to finance the development of a multifamily rental property for low- and moderate-income residents in the city.  The bond will finance a loan to a private company, Komohale Maunakea Venture LP, which will develop the property in Honolulu’s Chinatown neighborhood. The project will be part of

The town of Concord, Massachusetts, sold more than $58 million in bonds to make a series of improvements to the town’s public facilities.  More than 80% of the proceeds of the most recent issuance will go toward constructing a new middle school in the town, located in the suburbs northwest of Boston. The rest will

A school district in Jefferson City, Missouri, sold more than $46 million in bonds to make improvements to its public schools, including the construction of a new early childhood center. S&P Global Ratings gave the bonds a rating of AA+ based on its direct deposit program and AA- based on the district’s underlying credit. The

The county of Forsyth, North Carolina, issued $127 million in bonds to acquire, construct, and equip the county’s public schools, community colleges, parks, and public buildings. The bonds were issued in two series. The county sold $29 million in Series 2023A bonds and $98 million in Series 2023B bonds. The bonds received a rating of

The New Jersey Transportation Trust Fund Authority issued $1.1 billion in bonds to refund outstanding bond issuances. The authority issued the bonds in two series. It sold $425 million in Series 2023 A transportation system bonds and $693 million in Series 2023 AA program bonds. The bonds received a rating of A2 from Moody’s Investors

A school district in Madison, Wisconsin, issued $105 million in bonds to acquire new school buildings and make renovations to existing schools. The bonds, issued by the Metropolitan Madison School District (MMSD), received a rating of AA+ from S&P Global Ratings. They mature between 2024 and 2043, with yields ranging from 2.76% to 4.17%. “MMSD’s

A school district in central Kentucky issued more than $43 million in bonds to finance the construction of a new wellness center, elementary school, and roof for the county’s high school. The bonds received a rating of A2/A1 from Moody’s Investors Service. They mature between 2024 and 2043, with yields ranging from 3.5% to 4.4%. 

A school district in the suburbs of Oakland, California, sold about $72.5 million worth of bonds to finance the acquisition and construction of new educational facilities. The bonds, issued by Pittsburg Unified school district in Contra Costa county, mature between 2028 and 2043, with yields ranging from 2.83% to 5.7%. The bonds received an underlying

The city of New York sold $1.56 billion in bonds to refund a previous issuance. The bonds were issued in four series. The city sold $1.1 billion in subseries F-1 bonds, $150 million in subseries F-2 bonds, $36 million in series G bonds, and $271 million in series 1 bonds. Only the F-2 bonds will

The city of Pflugerville, Texas, sold $150 million in bonds to build a new city municipal complex and recreation center. The bonds mature between 2024 and 2053. They have yields ranging from 3% to 4.46%. The bonds received a rating of Aa1 from Moody’s Investors Service and AA+ from Kroll Bond Rating Agency. The construction

A school district in southern New York issued $76 million in so-called bond anticipation notes. The notes, issued by Horseheads Central School District in Chemung County, will allow the district to redeem and renew previous notes to finance the construction of additions to the district’s buildings and facilities. The notes mature on June 21, 2024.

The county of Fort Bend, Texas, issued almost $134 million in bonds to develop its public transportation network. The bonds were issued in three series. The county sold $81 million in unlimited tax road bonds, $20 million in a tax anticipation note, and $33 million in certificates of obligation. The unlimited tax road bonds mature

The state of Connecticut sold more than $715 million in bonds for a variety of projects, about half of which will improve its education system. The bonds were issued in three series. The state sold $350 million in taxable general obligation bonds, $266 million in tax-exempt general obligation refunding bonds, and $100 million in tax-exempt

A school district north of the Dallas-Fort Worth Metroplex issued almost $50 million in bonds to acquire, construct, renovate, and equip school buildings. The bonds, issued by the Anna Independent School District, mature between 2024 and 2053, with yields ranging from 3.0% to 4.32%. The bonds received a rating of AAA from S&P Global Ratings.

An Illinois state authority issued $72.5 million in bonds to develop housing in Chicago’s South Shore neighborhood.  The bonds, issued by the Illinois Housing Development Authority (IHDA), mature on June 1, 2026 and have an initial mandatory tender date of June 1, 2025. They have a coupon rate of 4% and yield 4%. The bonds

A school district in Green County, Wisconsin, sold more than $85 million in bonds to refund a previous issuance. The bonds, issued by Monroe School District in southern Wisconsin, mature between 2025 and 2043, with yields between 3.13% and 4.23%. The bonds received a rating of AA from S&P Global Ratings. The bonds were authorized

The electric utility of the city of Sacramento, California, issued $162 million in bonds to refund a previous issuance. The bonds, issued by the Sacramento Municipal Utility District (SMUD), were sold in two series. The 2023 Series D bonds, consisting of $100 million, mature on August 15, 2049. They have a coupon rate of 5%

The Lower Colorado River Authority (LCRA), a Texas power utility, sold $138 million in bonds to refund a previous issuance. LCRA issued the bonds in two series. The Series 2023A bonds, consisting of $30 million, mature between 2024 and 2027, with yields between 3.05% and 3.38%. They have a coupon rate of 5%. The Series

The University of Utah issued more than $163 million in bonds to build new housing on its campus. The bonds mature between 2026 and 2053, with yields ranging from 2.86% to 3.83%. The securities received a rating of Aa1 from Moody’s Investors Service and AA+ from S&P Global Ratings. The issuance will facilitate the construction

The Port Authority of New York and New Jersey sold more than $711 million in bonds to refund a previous issuance. The bonds were issued in two series. The 238th Series bonds, consisting of $248 million in principal, mature between 2034 and 2040, with yields ranging from 3.65% to 4.1%. They will have a stated

The New York City Housing Development Corporation (HDC) sold more than $891 million in bonds to finance new housing projects. The so-called sustainable development bonds were issued in three series. The 2023 Series A-1 bonds consist of $174 million and mature between 2026 and 2063. They have yields ranging from 3.1% to 5%. The 2023

The University of Texas system issued almost $338 million in bonds to refund a previous issuance. The bonds mature between 2031 and 2043, with yields ranging from 2.73% to 3.58%. The securities received a rating of AAA from Fitch Ratings and Aaa from Moody’s Investors Service. The system’s “overall revenue stability benefits from a solid

The Nebraska Public Power District (NPPD) issued almost $150 million in bonds to refund a previous issuance and fund capitalized interest. The bonds mature on July 1, 2028. They have a coupon rate of 5% and yield 3.12%. The securities received a rating of A+ from Fitch Ratings, A1 from Moody’s Investors Service, and A+

The city of Raleigh, North Carolina, issued $303 million in bonds to refund a previous issuance. The bonds mature between 2024 and 2053. They have yields ranging from 2.72% to 4.13%. The securities received a rating of AAA from Fitch Ratings, Aaa from Moody’s Investors Service, and AAA from S&P Global Ratings.  The rating reflects

The Metropolitan Water District (MWD) of Southern California issued $258 million in bonds to make infrastructure improvements. The bonds mature between 2024 and 2053, with yields ranging from 2.48% to 3.65%. The securities received a rating of AAA from S&P Global Ratings and Aa1 from Moody’s Investors Service. The rating is “supported by MWD’s ability

A school district in southeastern Louisiana issued $35 million in bonds to acquire and improve land and buildings within the district. The bonds, issued by St. Tammany Parish Wide School District, mature between 2025 and 2043, with yields ranging from 2.75% to 4%. The bonds received a rating of AA from S&P Global Ratings. “The

A California state authority issued $958 million in bonds to fund renewable energy projects in the state. The issuer sold about $944 million as a term bond due May 1, 2054. The term bond yields 4.53% and has a coupon rate of 5.5%. The remainder of the securities mature between 2025 and 2028, with yields

The Toll Road Authority of Harris County, Texas, issued $119.5 million in bonds to refund a previous issuance. The bonds mature between 2024 and 2035, with yields between 2.84% and 3.17%. The securities received a rating of AA from Fitch Ratings and Aa2 from Moody’s Investors Service. The rating reflects the county’s “essential road network

The Department of Water and Power of the City of Los Angeles issued $450 million in bonds to make improvements to the city’s power infrastructure. The bonds were issued in two series. The 2023 Series B bonds consist of $100 million and mature between 2032 and 2053, yielding between 2.62% and 3.8%. The 2023 Series

The city of Watertown, Massachusetts issued more than $80 million in bonds to make improvements to its schools. The bonds mature between 2024 and 2043, yielding between 2.49% and 3.9%. The issuance also included two term bonds: the first matures on June 15, 2048 and yields 4.07%, and the second matures on June 15, 2053

A cooperative district in Alabama sold more than $500 million in bonds to secure a long-term supply of energy for an electricity utility operating in the southern half of the state. The bonds will finance the purchase by the cooperative district, Energy Southeast, of thirty years-worth of energy from a supplier, Morgan Stanley Energy Structuring,

A school district in Lonoke County, Arkansas, issued more than $40 million in bonds to refund a previous issuance and finance capital improvements to schools in the district. The bonds, issued by Cabot School District No. 4, mature between 2033 and 2048. They yield between 3.1% and 4.2%. The issuance also included two term bonds:

Knox County, Tennessee, issued $70 million in bonds to finance a wide swath of improvements to the county’s facilities. The bonds mature between 2024 and 2043, yielding between 2.69% and 4.06%. They received a rating of Aa1 from Moody’s Investors Service and AA+ from S&P Global Ratings. Affirming the county’s Aa1 rating last year, Moody’s

The city of Ann Arbor, Michigan, sold $40 million worth of bonds to make improvements to the city’s water supply system. The bonds mature between 2025 and 2053, yielding between 2.75% and 4.25%. The bonds received a rating of AA from S&P Global Ratings. The bonds are being issued for the purpose of “defraying the

Pennsylvania State University issued $208 million in bonds to make a series of renovations on campus. The bonds mature between 2024 and 2053, yielding between 2.63% and 3.78%. They received a rating of Aa1 from Moody’s Investors Service and AA from S&P Global Ratings.  “These ratings are indicative of Penn State’s commitment to sound fiscal

The New York State Energy Research and Development Authority (NYSERDA) sold $100 million in bonds to reign in pollution in the state. The bonds will pay interest at a term rate of 4% per year until April 1, 2034, when they are subject to mandatory tender. The securities received a rating of Baa1 from Moody’s

A Louisiana state agency sold $527 million in bonds to refund a previous issuance and make improvements to stadiums within the state. The bonds, which were issued by the Louisiana Stadium and Exposition District (LSED), were sold in two series. The tax-exempt Series 2023A bonds consist of almost $498 million and mature between 2030 and

A city in eastern Montana sold more than $144 million in bonds to refund a previous issuance. The bonds, which were issued by the city of Forsyth, mature on July 1, 2028, and pay interest at a rate of 3.875%. They received a rating of A3 from Moody’s Investors Service and A- from Fitch Ratings.

A New York state authority issued more than $300 million in bonds to finance water pollution control and drinking water projects. The New York State Environmental Facilities Corporation (EFC) issued $255 million in bonds that mature between 2024 and 2045, yielding between 2.65% and 3.57%. The authority also sold $15 million worth of term bonds

The city of Lewisville, Texas, sold $67.9 million in bonds to refund a previous issuance and make infrastructure, public safety, and parks improvements. The bonds mature between 2024 and 2043, with yields ranging from 2.78% to 4.07%. The securities received ratings of AAA from Fitch Ratings and S&P Global Ratings. “The city’s strong financial profile

The Port Authority of New York and New Jersey issued almost $380 million in bonds to finance capital projects. The bonds were issued in two series. They include $193 million in serial bonds maturing between 2040 and 2044, yielding between 3.53% and 3.7%; $72.5 million in term bonds due July 15, 2048, yielding 3.85%; and

The city of Wildwood, Florida, sold more than $155 million in bonds to finance an extension to the retirement community known as the Villages and a series of infrastructure improvement projects. The bonds mature between 2028 and 2054, yielding between 4.25% and 5.25%. The city has not applied for a rating for the bonds. Wildwood

Get ready for an engaging episode of the Muni Matrix featuring our guest, Liz Farmer, a fiscal policy expert and journalist. With a deep understanding of finance and a passion for staying ahead of the curve, Liz joins the hosts to explore the evolving technology trends in the municipal market and the impact of AI

A school district in the suburbs of Houston, Texas, issued $326 million in bonds to finance improvements to school buildings and buses. The bonds, issued by Klein Independent School District, mature between 2024 and 2048, yielding between 2.65% and 4.15%. They received a rating of AAA from S&P Global Ratings. “The district’s credit profile is

A West Virginia state agency sold $50 million in bonds to finance affordable mortgage loans. The bonds, issued by the West Virginia Housing Development Fund, mature between 2024 and 2053, yielding between 3.2% and 4.7%. They received a rating of Aaa from Moody’s Investors Service and AAA from S&P Global Ratings. The rating reflects “robust

A community college district in California issued $127 million in bonds to refund a previous issuance and make improvements to its facilities. The bonds, issued by the Kern Community College District, mature between 2024 and 2040, yielding between 2.51% and 3.34%. They received a rating of Aa2 from Moody’s Investors Service and AA from S&P

Harris County, Texas, sold $211 million in bonds to finance projects that will help the county be more resilient to floods. About $146 million of the bonds mature between 2024 and 2043, yielding between 2.7% and 4.02%. The issuance also includes a $65 million term bond that matures on September 15, 2048 and yields 4.15%.

Georgia sold more than $880 million in bonds to invest in education, public safety, infrastructure, and other improvements across the state. The bonds were issued in three series. The Series 2023A bonds consist of almost $417.7 million and mature between 2024 and 2043, yielding between 2.49% and 3.79%. The Series 2023B bonds, which are federally

The city of Denton, Texas, issued $149.1 million in bonds to make infrastructure and public safety improvements. The bonds mature between 2024 and 2044, yielding between 2.73% and 4.1%. The city also issued three term certificates: the first set, about $5.8 million, matures on February 15, 2046, and is priced to yield 4.15%; the second

King County, Washington, issued almost $130 million in bonds to make improvements to its sewer system. The bonds mature between 2024 and 2047, yielding between 2.55% and 4.07%. They received a rating of Aa1 from Moody’s Investors Service and AA+ from S&P Global Ratings. The rating reflects “the county’s large service territory in the Puget

The city of Corpus Christi, Texas, sold more than $50 million in bonds to make a variety of improvements. The city issued the bonds in four series. The largest issuance, the Series 2023 general improvement bonds, consisted of $33 million. Bonds in that series mature between 2024 and 2043, with yields ranging from 2.82% to

A division of New York’s Metropolitan Transportation Association (MTA) sold $600 million in bonds to finance low-emissions transportation projects. The bonds, issued by the Triborough Bridge and Tunnel Authority, mature in 2028 (yielding 2.84%), 2030 (yielding 2.86%), and 2033 (yielding 2.88%). All of the bonds pay interest at 5%. The securities received a rating of

Massachusetts sold more than $1.24 billion in bonds to reimburse the state for capital expenditures. The bonds were sold in two series. The 2023 Series A bonds consist of $970 million and mature between 2025 and 2043, yielding between 2.64% and 3.56%. The 2023 Series A bonds also include two term bonds, maturing in 2048

A school district in the suburbs of Cleveland, Ohio, issued $102 million in bonds to build a new high school and make improvements to other schools in the district. Brunswick City School District’s issuance included serial bonds and term bonds. The serial bonds, consisting of $13 million, mature between 2024 and 2043, with yields between

The state of Texas sold more than $133 million in bonds to fund an ongoing student loan program. The bonds mature between 2027 and 2044, yielding between 3% and 4.233%. The issuance also included a $19.5 million term bond due August 1, 2046 that is priced to yield 4.262%. The securities received a rating of

The city of Los Angeles issued almost $1.5 billion in tax and revenue anticipation notes to finance its general fund for the upcoming fiscal year. The notes mature on June 27, 2024. They pay interest at 5% and yield 3.2%. The securities received a rating of MIG1 from Moody’s Investors Service and SP-1+ from S&P

A Florida state insurance agency sold $590 million in bonds to pay the covered claims of an insolvent insurer. The bonds were issued in two series by the Florida Insurance Assistance Interlocal Agency. The Series 2023A-1 bonds mature between 2024 and 2028, yielding between 3.25% and 3.45%. They pay interest at 5%. The Series 2023A-2

Collin County, Texas, issued more than $243 million in bonds to build new highways and public parks in the county. The bonds mature between 2024 and 2043, yielding between 2.73% and 4.04%. They pay interest at 5%. The securities received a rating of Aaa from Moody’s Investors Service and AAA from S&P Global Ratings. The

A school district in San Diego County, California, sold $162.5 million in bonds to make improvements to district facilities. The bonds were issued in two measures by the Chula Vista Elementary School District. The Measure VV bonds, consisting of $100 million, mature between 2024 and 2044, yielding between 2.6% and 4.22%. The Measure M bonds,

The county that includes Austin, Texas, issued $99.6 million in bonds to build medical clinics. The bonds were sold in two series by Travis County Healthcare District. The Series 2023A bonds mature between 2024 and 2033, yielding between 3.13% and 3.37%. The Series 2023B bonds, which are taxable, mature between 2024 and 2043, yielding between

Clark County, Nevada, sold $340 million in bonds to improve its sewer system in less populated areas. The serial bonds, consisting of $227 million, mature between 2024 and 2047, yielding between 2.68% and 3.78%. The issuance also includes a $34 million term bond maturing July 1, 2049, and yielding 3.92%, and a $79 million term

The Illinois Housing Development Authority (IHDA) issued $275 million in bonds to finance mortgage loans for low-income residents of the state. The authority sold the bonds in three series. The Series H bonds consist of $160 million divided between serial bonds and four term bonds. The serial bonds mature between 2025 and 2035, yielding between

The government of Louisville, Kentucky, sold $262.2 million in bonds to make improvements to local hospitals. The bonds were issued in two series. The Series 2023A bonds consist of $145 million and include serial bonds and two term bonds. The Series 2023B bonds consist of $117 million and mature on October 1, 2047, yielding 3.51%.

Colorado issued $500 million in tax and revenue anticipation notes to make interest-free loans to some school districts in the state. The notes mature on June 28, 2024. They yield between 3.3% and 3.33% and pay interest at 5%. The securities received a rating of MIG1 from Moody’s Investors Service and SP-1+ from S&P Global

The village of Pleasant Prairie, Wisconsin, sold $45.5 million in bonds to make capital improvements, including the construction of new police and fire stations. The bonds mature between 2024 and 2033, yielding between 3.04% and 3.39%. They pay interest at 4%. The securities received a rating of AA from S&P Global Ratings. “​​The notes are

The city of Charlotte, North Carolina, sold $75 million in bonds to create affordable housing.  The bonds, which are taxable, mature between 2024 and 2043, yielding between 4.394% and 5.39%. They received a rating of Aaa from Moody’s Investors Service, AAA from Fitch Ratings, and AAA from S&P Global Ratings. Charlotte’s rating reflects “a long

A Rhode Island state corporation sold $96 million in bonds on behalf of Brown University to refund a previous issuance. The bonds mature between 2024 and 2043, yielding between 2.56% and 3.4%. They received a rating of Aa1 from Moody’s Investors Service and AA+ from S&P Global Ratings. “The affirmation of Brown’s Aa1 issuer rating

The Los Angeles Community College District sold $300 million in bonds to expand and modernize its facilities. The district sold the bonds in two series. The tax-exempt Series A-1 bonds, consisting of $225 million, mature between 2024 and 2027, yielding between 2.67% and 2.99%. They pay interest at 5%. The taxable Series A-2 bonds, consisting

The school district of Broward County, Florida, issued $197.5 million in bonds to fund operating expenses on an interim basis as it awaits ad valorem property taxes to be collected next year. The tax anticipation notes mature on June 28, 2024 and yield 3.45%. They pay interest at 5%. The securities received a rating of

A school district in the suburbs of Dallas, Texas, issued $182.2 million in bonds to build new schools. The issuance, sold by Forney Independent School District, contains serial bonds and term bonds. The serial bonds, consisting of about $69 million, mature between 2033 and 2043, yielding between 2.9% and 3.65%. The first term bond, consisting

A Maine state authority sold $68.4 million in bonds to invest in healthcare and education initiatives. The issuance, sold by the Maine Health and Higher Education Facilities Authority, includes serial bonds and two term bonds. The serial bonds, consisting of $46 million, mature between 2024 and 2043, yielding between 3.15% and 4.16%. They pay interest

The city of Frisco, Texas, sold almost $233 million in bonds to fund municipal improvements. The city issued the bonds in three series. The Series 2023 bonds, consisting of $161.5 million, mature between 2024 and 2043, yielding between 2.8% and 4.14%. The Series 2023A bonds, consisting of $18.5 million, also mature between 2024 and 2043,

The Connecticut Housing Finance Authority issued $146.8 million in bonds to finance affordable housing in the state. The issuance contains $35.5 million in serial bonds and the remainder in term bonds. The serial bonds mature between 2024 and 2035, yielding between 3.15% and 4.05%. The term bonds yield up to 5.75%. The securities received a

The New York City Transitional Finance Authority sold $1.08 billion in bonds to finance general capital expenditures in the city as it enacts its 10-year capital improvement plan. The authority issued the bonds in two series. The tax-exempt subseries A-1 bonds, consisting of $950 million, mature between 2025 and 2053, yielding between 2.67% and 4.1%.

The California State University (CSU) system sold $906 million in bonds to develop new facilities at its member schools. The system sold the bonds in two series and a remarketing supplement. The Series 2023A bonds, consisting of $344 million, mature between 2024 and 2053, yielding between 2.41% and 3.69%. The taxable Series 2023B bonds, consisting

Salt Lake City, Utah, issued $600 million in bonds to help fund the redevelopment of the city’s airport. The bonds mature between 2025 and 2053, yielding between 3.34% and 4.28%. They received a rating of Aa2 from Moody’s Investors Service, A+ from S&P Global Ratings, and AA by Kroll Bond Rating Agency.  The rating reflects

The Texas Tech University system sold $254 million in bonds to make improvements to its campuses. The school issued the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $198 million, mature between 2025 and 2040, yielding between 2.66% and 3.36%. The taxable Series 2023B bonds, consisting of $55 million, mature between 2024

The Waxahachie Independent School District issued $190 million in bonds to finance the construction of new schools. The bonds include $90 million in serial bonds, maturing between 2024 and 2043 and yielding between 2.89% and 4.13%, and $100 million in term bonds. The securities received a rating of AAA from Fitch Ratings and Aaa from

The city of Rochester, New York, sold $105 million in bond anticipation notes to make general improvements to the city. The notes mature on August 1, 2024, and yield 3.4%. They pay interest at 4.5%. The securities received a rating of SP-1+ from S&P Global Ratings, while the city received a rating of AA-.  “This

The Denton Independent School District issued $949 million in bonds to build new schools. The issuance contained $439 million in serial bonds, maturing between 2024 and 2043 and yielding between 2.84% and 3.8%, and $510 million in term bonds. The securities pay interest at 5%. They received an enhanced rating of AAA and unenhanced rating

A Vermont state agency sold $44 million in bonds on behalf of Middlebury College to finance the construction of a new dormitory and other capital improvements on its campus. The issuance includes $6 million in serial bonds, which mature on November 1, 2043, and yield 3.67%. It also includes a $13 million term bond maturing

New Hampshire’s National Finance Authority issued $270 million in bonds to finance affordable housing across the United States. The authority sold the bonds in two series. The Series 2023-2 Class A Certificates yield 4.649%, and the Series 2023-2 Class X Certificates yield 7.171%. Both series mature on January 20, 2038. The securities received a rating

A school building agency in Merrillville, Indiana, sold $145 million to construct and improve schools in the area. The bonds, issued by the Merrillville Multi-School Building Corporation, mature between 2028 and 2042, yielding between 2.75% and 3.84%. They pay interest at 5%. The securities received an underlying rating of A+ and a programmatic rating of

A Maryland state authority issued $300 million in bonds to finance affordable housing in the state. The Community Development Administration at Maryland’s Department of Housing and Community Development sold the bonds in two series. The tax-exempt 2023 Series C bonds, consisting of $115 million, mature between 2024 and 2054, yielding between 3.25% and 5.75%. The

Hillsborough County, Florida, sold $53.4 million in bonds to protect and restore environmentally sensitive lands. The bonds include $21.7 million in serials maturing between 2024 and 2048 and yielding between 2.63% and 3.71%. They also include a $31.7 million term bond maturing on July 1, 2053, and yielding 3.8%. All of the bonds pay interest

The city of Fort Lauderdale, Florida, issued $88 million in bonds to fortify the city against floods. The issuance includes $44 million each of serial bonds and term bonds. The serials mature between 2024 and 2043, yielding between 2.61% and 3.57%. The term bonds mature in 2048 and 2053, yielding 3.8% and 3.85%, respectively. The

The Public Utilities Commission of the City and County of San Francisco sold more than $515 million in bonds to improve its water system. The commission sold the bonds in two series. The 2023 Sub-Series C bonds, consisting of $487 million, mature between 2028 and 2043, yielding between 2.43% and 3.42%. The 2023 Sub-Series D

The Las Vegas Convention and Visitors Authority (LVCVA) issued $150 million in bonds to expand the city’s convention center. The authority sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $136 million, mature between 2027 and 2049, yielding between 2.82% and 4.03%. The taxable Series 2023B bonds, consisting of $14 million,

Miami-Dade County, Florida, sold $172.4 million in bonds to finance a series of capital improvement projects. The issuance includes serial bonds and term bonds. The serials mature between 2024 and 2045, yielding between 2.67% and 3.75%. The term bonds mature on April 1, 2048, yielding 3.89%. All of the bonds pay interest at 5%. The

A Louisiana state authority issued $104 million in bonds to finance a sustainable energy production facility. The Louisiana Local Government Environmental Facilities and Community Development Authority sold the bonds in two series. Both the Series 2023 bonds, consisting of $44 million,  and the remarketed Series 2021 bonds, consisting of $60 million, mature on December 1,

A school district in the suburbs of Cleveland, Ohio, sold $65 million in bonds to fund capital improvements. The bonds mature between 2024 and 2060, yielding between 2.58% and 4.29%. They received a rating of Aaa from Moody’s Investors Service. “The Aaa issuer rating reflects the district’s strong economic fundamentals that is rooted in its

The state of Washington sold $1.1 billion in bonds for various capital purposes, including transportation projects. The state sold the bonds in three series. The tax-exempt Series 2024A bonds, consisting of $682.6 million, mature between 2027 and 2048, yielding between 2.54% and 3.75%. The tax-exempt Series 2024B bonds, consisting of $376.6 million, also mature between

A school district in Dallas, Texas, issued $378 million in bonds to make improvements to its facilities. The bonds, issued by the Carrollton-Farmers Branch Independent School District, mature between 2024 and 2053, yielding between 2.84% and 4.33%. The securities received an underlying rating of Aa1 from Moody’s Investors Service and AA+ from S&P Global Ratings.

A Michigan state authority sold $116.7 million in notes to prevent cash flow shortfalls in the state’s school districts. The Michigan Finance Authority sold the notes in two series. The Series 2023A-1 notes, consisting of $56.8 million, mature on July 22, 2024, and the Series 2023A-2 notes, consisting of $59.8 million, mature on August 20,

The Charleston County School District sold $141 million in bonds to refund a previous issuance and achieve debt service savings. The bonds mature between 2023 and 2028, yielding between 2.76% and 3.21%. They pay interest at 5%. The securities received a rating of AA- from S&P Global Ratings and Aa3 from Moody’s Investors Service, which

The Oklahoma Water Resources Board (OWRB) issued $175 million in bonds to finance water and sewer system improvements. The bonds mature between 2024 and 2053, yielding between 2.74% and 4.32%. They received a rating of AAA from S&P Global Ratings. “The rating reflects our view of OWRB’s credit strengths, including a long history of borrower

The Metropolitan District of Hartford, Connecticut, sold $75 million in bonds to finance sewer, water, and public improvement projects. The bonds mature between 2024 and 2043, yielding between 2.32% and 3.9%. They received a rating of Aa2 from Moody’s Investors Service and AA from S&P Global Ratings. The ratings marked an upgrade from both Moody’s

The state of Minnesota issued more than $1 billion in bonds to make capital improvements. The state issued the bonds in five series. The Series 2023A bonds, consisting of $161 million, mature between 2024 and 2043, yielding between 2.61% and 3.5%. The Series 2023B bonds, consisting of $264 million, mature between 2024 and 2043, yielding

The Upper Santa Clara Valley Joint Powers Authority sold $62.6 million in bonds on behalf of the Santa Clarita Valley Water Agency (SCVWA) to finance improvements to the valley’s water system. The bonds mature between 2031 and 2036, yielding between 2.43% and 2.76%. They pay interest at 5%. The securities received a rating of AA+

The Long Island Power Authority (LIPA) issued $579.3 million in bonds to fund system improvements. The authority sold the bonds in two series. The Series 2023E bonds, consisting of $400 million, mature between 2024 and 2053, yielding between 2.78% and 4.07%. The Series 2023F bonds, consisting of $179.3 million, mature between 2027 and 2033, yielding

Harris County, Texas, sold $230 million in bonds to refund previous issuances.  The county sold the bonds in two series. The Series 2023A permanent improvement refunding bonds mature between 2025 and 2048, yielding between 3% and 4.06%. The Series 2023A unlimited tax road refunding bonds also mature between 2025 and 2048, yielding between 3% and

The Triborough Bridge and Tunnel Authority, a division of New York’s Metropolitan Transit Authority (MTA), sold $370 million in bonds to finance MTA bridge and tunnel projects.  The Triborough Bridge and Tunnel Authority, also known as MTA Bridges and Tunnels, sold the bonds in two series. The Series 2023B-1 bonds, consisting of $300 million, mature

The Massachusetts Development Finance Agency issued $45 million in bonds on behalf of the Franklin W. Olin College of Engineering to refund a previous issuance. The bonds mature between 2034 and 2043, yielding between 3.31% and 4.25%. They received a rating of A2 from Moody’s Investors Service and A from S&P Global Ratings. The rating

New York, New York issued $950 million in bonds to make general capital improvements. The city sold both serial and term bonds. The serials, consisting of $677 million, mature between 2025 and 2048, yielding between 2.93% and 4.12%. The first term bond, consisting of $156 million, matures on August 1, 2051, and yields 4.15%. The

New Hampshire and Pennsylvania state agencies sold $160 million in bonds on behalf of a senior living facility in Pennsylvania to finance the facility’s acquisition of a retirement home and fund other projects. The agencies sold the bonds in three series on behalf of the Presbyterian Homes Obligated Group (PHOG). The Series 2023A bonds, consisting

The Austin Community College District issued $174 million in bonds to develop its campuses. The bonds mature between 2024 and 2053, yielding between 3.07% and 4.14%. The received a rating of AA+ from S&P Global Ratings and Aa1 from Moody’s Investors Service.  “The issuer rating reflects the district’s sizeable and growing tax base that benefits

The Nebraska Investment Finance Authority sold $110 million in bonds to finance affordable housing in the state.  The authority sold the bonds in two series. The tax-exempt 2023 Series E bonds mature between 2024 and 2053, yielding between 3.4% and 4.8%. The taxable 2023 Series F bonds mature between 2024 and 2052, yielding between 5.209%

A California state energy authority issued $998 million in bonds to finance low-emissions energy projects. The California Community Choice Financing Authority (CCCFA) sold the bonds in two series. The Series 2023E-1 bonds, consisting of $903 million, mature between 2027 and 2054, yielding between 4.26% and 4.31%. The Series 2023E-2 bonds, consisting of $95 million, mature

Harrisonburg, Virginia, sold $92 million in bonds on behalf of a local health care provider as part of a restructuring arrangement between the provider and the city. The bonds, issued by the Economic Development Authority of the City of Harrisonburg, mature on August 15, 2046. They will bear interest at a weekly rate determined by

The Washington Metropolitan Area Transit Authority (WMATA) issued $798 million in bonds to finance capital projects which reduce energy consumption. The bonds mature between 2025 and 2053, yielding between 2.99% and 4.14%. They received a rating of AA from Kroll Bond Rating Agency and AA from S&P Global Ratings, which assigned a stable outlook. “The

The Arkansas Development Finance Authority sold $109 million in bonds to fund loans which finance clean water projects. The bonds mature between 2024 and 2043, yielding between 2.93% and 3.78%. They pay interest at 5%. The securities received a rating of AAA from Fitch Ratings and AAA from S&P Global Ratings. Modeling “demonstrates that program

The Texas Public Finance Authority sold $365 million in bonds to provide funding for cancer research and refund a previous issuance. The bonds, which are taxable, mature between 2024 and 2043, yielding between 4.528% and 5.235%. They received a rating of AAA from Fitch Ratings and AAA from S&P Global Ratings. The rating reflects Texas’

Oyster Bay, New York, issued $125 million in bond anticipation notes for various capital purposes. The bonds mature on August 23, 2024, and yield 3.35%. They received a rating of MIG 1 from Moody’s Investors Service and SP-1+ from S&P Global Ratings. The rating “reflects the town’s strong underlying credit quality, reflected in its A1

The Port of Houston Authority of Harris County, Texas, issued $393.6 million in bonds to widen a key shipping channel. The bonds mature between 2024 and 2053, yielding between 3.06% and 4.25%. They pay interest at 5%. The securities received a rating of Aa3 from Moody’s Investors Service and AA+ from S&P Global Ratings. “The

The Florida Housing Finance Corporation sold $170 million in bonds to finance affordable housing in the state. The corporation sold the bonds in two series. The tax-exempt 2023 Series 3 bonds, consisting of $64 million, mature between 2024 and 2054, yielding between 3.35% and 5.75%. The taxable 2023 Series 4 bonds, consisting of $106 million,

Wisconsin sold $271 million in bonds to make general capital improvements. The bonds mature between 2025 and 2044, yielding between 2.79% and 3.71%. They pay interest at 5%. The securities received a rating of Aa1 from Moody’s Investors Service, AA+ from S&P Global Ratings, and AAA from Kroll Bond Rating Agency. “The Aa1 issuer rating

The city of Chicago sold $181 million in bonds on behalf of its largest airport to refund a previous issuance. The bonds, issued on behalf of Chicago O’Hare International Airport, mature between 2028 and 2043, yielding between 3.39% and 4.24%. Most of the bonds will be insured by a municipal bond insurance policy. The insured

A New Mexico state authority issued $60 million in bonds to finance affordable housing in the state. The bonds, sold by the New Mexico Mortgage Finance Authority, mature on February 1, 2042, with an initial mandatory tender on June 1, 2025. They yield 3.99% and pay interest at 5%. The securities received a rating of

An Illinois state authority sold $120 million in taxable bonds to make capital improvements at a laboratory leased to the U.S. Department of Energy and run by the University of Chicago. The bonds, issued by the Illinois Finance Authority, include serials and term bonds. The serials, consisting of $52 million, mature between 2024 and 2029,

An Idaho state authority issued more than $237 million in bonds to finance affordable housing in the state. The Idaho Housing and Finance Association sold the bonds in three series. The tax-exempt 2023 Series C bonds, consisting of $149 million, mature between 2024 and 2053, yielding between 3.31% and 4.8%. The taxable 2023 Series D-1

Worcester, Massachusetts, issued $75 million in bond anticipation notes to provide temporary financing for several city projects. The notes mature on February 27, 2024, and yield 3.381%. They were issued in anticipation of a long term debt issuance and pay interest at 4.5%. The securities received a rating of MIG-1 from Moody’s Investors Service. “The

Colorado Springs, Colorado, issued more than $364 million in bonds to finance capital improvements to its utilities systems. The city sold the bonds in two series. The Series 2023A bonds, consisting of $203 million, mature between 2028 and 2053, yielding between 2.94% and 4.11%. The Series 2023B bonds, consisting of $161 million, mature between 2023

A New York state authority issued $293 million in bonds on behalf of one of the state’s largest hospitals. The bonds, sold on behalf of the New York and Presbyterian Hospital (NYPH), mature between 2029 and 2038, yielding between 3.01% and 3.67%. They received a rating of Aa2 from Moody’s Investors Service and AA from

In this episode, we explore the intersection of advancing technologies and credit analysis with our guest, Abhishek Lodha. Abhishek has spearheaded a paradigm shift in municipal bond credit assessment by leveraging advanced analytics, machine learning, and AI at AG Analytics, a new fintech subsidiary of Assured Guaranty. Join us as Abhishek shares insights into the

A school district in the suburbs of Minneapolis, Minnesota, issued $300 million in bonds to improve its schools. The bonds mature between 2026 and 2044, yielding between 3% and 4.33%. They received an underlying rating of Aa2 from Moody’s Investors Service. “The Aa2 issuer rating reflects the district’s favorable location in the Twin Cities metropolitan

Dallas Fort Worth International Airport (DFW) sold $691.3 million in bonds to make capital improvements and refund a previous issuance. The airport sold both serial bonds and term bonds. The serials, consisting of $624.6 million, mature between 2024 and 2042, yielding between 3.19% and 4.05%. The term bond, consisting of $66.7 million, matures on November

The Battery Park City Authority issued $732.5 million in bonds to make infrastructure and other capital improvements. The authority sold the bonds in three series. The Series 2023A bonds, consisting of $339.8 million, mature between 2041 and 2053, yielding between 3.45% and 3.81%. The Series 2023B bonds, consisting of $383.5 million, mature between 2023 and

The city of Atlanta issued $707 million in bonds on behalf of its largest airport to expand a concourse and make other improvements. The bonds, issued for Hartsfield-Jackson Atlanta International Airport (ATL), were sold in seven series. They received a rating of Aa3 from Moody’s Investors Service, AA- from Fitch Ratings, and AA+ from Kroll

The Michigan Department of Transportation sold $1.19 billion in bonds to finance transportation projects in the state. The bonds mature between 2024 and 2049, yielding between 3.05% and 4.34%. They received a rating of Aa2 from Moody’s Investors Service and AA+ from S&P Global Ratings. The “bonds benefit from strong coverage of debt service by

A Nashville-based public nonprofit sold $187.5 million in bonds on behalf of Belmont University to finance a new medical school. The bonds, issued by the Health and Education Facilities Board of the Metropolitan Government of Nashville and Davidson County, Tennessee, mature between 2024 and 2053, yielding between 3.46% and 4.69%. They received a rating of

The Los Angeles Unified School District issued $384 million in bonds to fund projects aimed at improving its security and enrollment. The bonds mature between 2024 and 2038, yielding between 3.1% and 3.76%. They pay interest at 5%. The securities received a rating of A2 from Moody’s Investors Service and A- from Fitch Ratings. The

A South Carolina state authority sold $126.7 million in bonds to finance health care system improvements in the state’s northwest. The bonds, issued by the South Carolina Jobs-Economic Development Authority on behalf of AnMed Health, mature between 2040 and 2053, yielding between 4.17% and 4.72%. They received a rating of AA- from Fitch Ratings and

Vermont issued $90 million in bonds to finance several capital improvement projects. The state sold the bonds in two series. The 2023 Series A bonds, consisting of $63 million, mature between 2024 and 2043, yielding between 2.96% and 4.33%. The 2023 Series B bonds, consisting of $27 million, mature between 2024 and 2033, yielding between

An Iowa state authority sold $99.7 million in bonds to finance affordable housing development in the state. The Iowa Finance Authority sold the bonds in two series. The tax-exempt 2023 Series E bonds, consisting of $75.2 million, mature between 2034 and 2053, paying interest at rates between 4.1% and 4.95%. The taxable 2023 Series F

The Sacramento Transportation Authority issued $296.4 million in bonds to refund a previous issuance. The bonds mature between 2028 and 2038, yielding between 2.7% and 3.38%. They pay interest at 5%. The securities received a rating of AAA from Fitch Ratings and AAA from S&P Global Ratings. “The ‘AAA’ rating reflects a very strong debt

An Ohio state agency sold $145 million in bonds to fund an affordable housing program in the state. The bonds, issued by the Ohio Housing Finance Agency (OHFA), mature between 2025 and 2055, paying interest at rates between 3.4% and 6%. They received a rating of Aaa from Moody’s Investors Service, which assigned a stable

The California Infrastructure and Development Bank sold $126.7 million in bonds on behalf of the Academy of Motion Picture Arts and Sciences to refund a previous issuance by the Academy. The bonds mature between 2024 and 2041, yielding between 2.96% and 4.14%. They received a rating of Aa2 from Moody’s Investors Service. Moody’s said the

The Pennsylvania Turnpike Commission issued $231.4 million in bonds to refund a previous issuance. The commission sold the bonds at a floating rate, with a mandatory purchase on July 15, 2026 and a maturity date of July 14, 2041. The securities received a rating of A1 from Moody’s Investors Service, AA- from S&P Global Ratings,

The Indiana Finance Authority issued $148.7 million in bonds to fund clean water projects in the state. The bonds mature between 2030 and 2044, yielding between 3,07% and 4.06%. They pay interest at 5%. The securities received a rating of AAA from Fitch Ratings, AAA from S&P Global Ratings, and Aaa from Moody’s Investors Service,

The city of Lakeland, Florida, sold $154.5 million in bonds to finance improvements to its electric power system and refund a previous issuance. The bonds mature between 2029 and 2048, yielding between 3.15% and 4.57%. They received a rating of AA from Fitch Ratings and AA from S&P Global Ratings. The rating reflects the “expectation

A school district in Indianapolis, Indiana, issued $120 million in bonds to make improvements to its schools. The bonds, sold by the Metropolitan School District of Washington Township, mature between 2025 and 2042, yielding between 3.19% and 4.4%. S&P Global Ratings assigned the bonds an AA+ programmatic rating and AA- underlying rating. The school district

Smith County, Texas, sold $152 million in bonds to build a new courthouse. The bonds mature between 2025 and 2048, yielding between 3.32% and 4.48%. They received a rating of AA+ from S&P Global Ratings. “The rating reflects our view of the county’s expanding tax base, good fiscal management practices and policies, trend of positive

Jacksonville, Florida, sold $290 million in bonds to make capital improvements. The city sold the bonds in two series. The Series 2023A bonds, consisting of $259.5 million, mature between 2024 and 2053, yielding between 3.07% and 4.35%. The Series 2023B bonds, consisting of $30.9 million, mature between 2024 and 2026, yielding between 3.15% and 3.34%.

The Health Care Authority of the City of Huntsville, Alabama, sold $190 million in bonds to finance capital improvement projects. The bonds mature on June 1, 2053, and yield 3.75%. They are subject to mandatory tender on June 1, 2030. The securities received a rating of A1 from Moody’s Investors Service.  The rating “reflects Huntsville’s

The Michigan State Housing Development Authority issued $428.4 million in bonds to finance affordable housing initiatives in the state. The authority sold the bonds in three series. The tax-exempt 2023 Series B bonds, consisting of $286 million, mature between 2024 and 2054, yielding between 3.5% and 5%. The taxable 2023 Series C bonds, consisting of

Richmond, Virginia, sold $111 million in bonds to make improvements to its public utilities system. The bonds mature between 2024 and 2053, yielding between 2.98% and 4.44%. The securities received a rating of Aa1 from Moody’s Investors Service, AA from S&P Global Ratings, and AA from Fitch Ratings. “The Aa1 reflects the strength and stability

A health care district in Alameda County issued $125 million in bonds to reinforce its hospitals against natural disasters. The bonds, sold by Washington Township Health Care District, mature between 2034 and 2053, yielding between 3.62% and 4.7%. They received a rating of A2 from Moody’s Investors Service. Simultaneously, Moody’s downgraded the district’s issuer rating

A governmental entity sold $171 million in bonds to finance the construction of student housing at a campus of the University of Hawaii. The bonds were sold by the Wisconsin-based Public Finance Authority and loaned to the University of Hawaii at Mānoa (UH Mānoa).  The authority sold the bonds in two series. The Senior Series

Burlington, Vermont, issued $150.5 million in bonds to finance capital improvements, including for its school district. The bonds mature between 2024 and 2043, yielding between 3% and 3.89%. They pay interest at 5%. The securities received a rating of Aa3 from Moody’s Investors Service. “The Aa3 issuer rating reflects the city’s strength as a regional

Dane County, Wisconsin, sold $146.3 million in bonds to make improvements to its corrections facilities. The bonds mature between 2024 and 2043, yielding between 2.98% and 4.27%. They received a rating of AAA from S&P Global Ratings. “The rating reflects our opinion of the county’s resilient and growing economy due to the state capital’s and

California issued $2.58 billion in bonds for various capital purposes. The state sold the bonds in two series. The first series, consisting of $1.05 billion, matures between 2026 and 2053, yielding between 3.08% and 4.11%. The second series, consisting of $1.53 billion, mature between 2024 and 2043, yielding between 3.03% and 4.17%. The securities received

The Industrial Development Authority of Arlington County, Virginia, sold $150 million in bonds to finance improvements to medical facilities run by VHC Health, formerly known as the Virginia Hospital Center. The bonds mature on July 1, 2053, and yield a fixed rate of 3.76%. They pay interest at 5%. The securities received a rating of

The Port Authority of New York and New Jersey sold $1.09 billion in bonds to refund previous issuances and make general capital improvements. The authority sold the bonds in two series. The 242nd series, consisting of $535.2 million, matures between 2024 and 2053, yielding between 3.71% and 4.69%. The 243rd series, consisting of $550.4 million,

A nonprofit gas distributor in Georgia issued $1 billion in bonds to refund a previous issuance and prepay for natural gas it will deliver for the next 30 years. The Main Street Natural Gas Company sold the bonds in two sub-series. The Sub-series 2023E-1 bonds, consisting of $754 million, mature between 2023 and 2053, yielding

Oregon sold $147.7 million in bonds to finance affordable housing in the state. The state sold the bonds in two series. The taxable 2023 Series C bonds, consisting of $127.7 million, mature between 2025 and 2053, yielding between 5.295% and 6.25%. The tax-exempt 2023 Series D bonds, consisting of $20 million, mature on September 28,

Grand Forks, North Dakota, sold $150 million in bonds to finance the ongoing construction of a new hospital. The city will loan the bond proceeds to Altru Health System, a nonprofit health care provider in Grand Forks.  The bonds mature between 2026 and 2053, yielding between 3.69% and 5.42%. They received underlying ratings of BBB-

The School District of Greenville County, South Carolina, issued $170 million in bonds to finance capital improvement projects. The bonds mature on June 25, 2024, and yield 3.5%. They pay interest at 5%. The securities received a rating of MIG 1 from Moody’s Investors Service and A-1+ from S&P Global Ratings. “The rating reflects the

Waltham, Massachusetts, sold $65 million in bond anticipation notes to build a new high school. The notes mature on October 10, 2024, and yield 3.41%. They pay interest at 5%. The securities received a rating of SP-1+ from S&P Global Ratings. The city expects the issue long-term debt within the next year. “The City anticipates

Ohio State University (OSU) issued $377.5 million in bonds to make improvements to its medical center and refund previously issued bonds. The university sold the bonds in two series. The Series 2023 B bonds, consisting of $265.6 million, mature between 2024 and 2035, yielding between 2.98% and 3.39%. The Series 2023 C bonds, consisting of

Lehigh County, Pennsylvania, sold $62.4 million in bonds to finance various capital projects. The bonds mature between 2026 and 2048, yielding between 2.92% and 4.43%. They received a rating of Aa1 from Moody’s Investors Service. “The Aa1 issuer rating reflects the county’s favorable location in the eastern portion of the state with proximity and easy

A New York state authority issued $926.6 million in bonds to finance capital improvements projects and refund previous issuances. The Dormitory Authority of the State of New York (DASNY) sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $888.9 million, mature between 2027 and 2042, yielding between 3.03% and 4.3%. The

Minneapolis, Minnesota, sold $115 million in bonds to make various capital improvements. The bonds mature between 2023 and 2042, yielding between 3% and 4.12%. They received a rating of AAA from Fitch Ratings and AAA from S&P Global Ratings.  The rating, which marked an upgrade from Fitch, incorporates “the city’s strong revenue growth prospects driven

Montgomery County, Maryland, issued $280 million in bonds to refinance old debt and fund capital public projects. The bonds mature between 2024 and 2043, yielding between 2.95% and 4.14%. They received a rating of Aaa from Moody’s Investors Service, AAA from S&P Global Ratings, and AAA from Fitch Ratings.  “The Aaa issuer rating reflects the

Austin, Texas, sold $256.5 million in bonds to finance various capital improvements and refund a previous issuance. The city sold the bonds in three series. The public improvement and refunding bonds, consisting of $221.95 million, mature between 2024 and 2043, yielding between 3.06% and 4.08%. The certificates of obligation, consisting of $25.79 million, mature between

Massachusetts issued $500 million in bonds to fund transportation projects.  The state sold the bonds in two series. The 2023 Series A bonds, consisting of $300 million, are term bonds which mature on June 1, 2053, and yield 4.34%. The 2023 Series B bonds, consisting of $200 million, are serial bonds which mature between 2047

The City and County of Honolulu, Hawaii, sold almost $190 million in bonds to finance improvements to its wastewater system. The bonds mature between 2028 and 2053, yielding between 3.11% and 4.59%. They received a rating of AA+ from S&P Global Ratings and AA from Fitch Ratings. The rating reflects “the system’s very strong financial

An energy company in Nebraska issued $634 million in bonds to refund a previous issuance and prepay for a supply of natural gas that will be delivered over the next 30 years. The bonds, sold by the Central Plains Energy Project (CPEP), received a rating of Aa2 from Moody’s Investors Service. They yield 4.5% and

Charlotte, North Carolina, sold $367 million in bonds to finance improvements to its airport. The city sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $257 million, mature between 2025 and 2053, yielding between 3.04% and 4.33%. The taxable Series 2023B bonds, consisting of $110 million, also mature between 2025 and

The public transit system serving Denver, Colorado, issued $170 million in bonds to refund a previous issuance. The bonds, sold by Colorado’s Regional Transportation District (RTD), mature between 2026 and 2038, yielding between 3.02% and 3.69%. They pay interest at 5%. The securities received a rating of AAA from S&P Global Ratings and Aa2 from

A New Jersey state authority sold $183.8 million in bonds to fund grants for higher education. The bonds, issued by the New Jersey Educational Facilities Authority, mature between 2024 and 2053, yielding between 3.38% and 4.73%. They received a rating of A from Fitch Ratings, A2 from Moody’s Investors Service, and A- from S&P Global

Philadelphia, Pennsylvania, issued $564.8 million in bonds to fund projects that will improve its drinking water and wastewater infrastructure. The bonds mature between 2024 and 2053, yielding between 3.18% and 4.65%. They received a rating of A+ from Fitch Ratings, A1 from Moody’s Investors Service, and A+ from S&P Global Ratings. The rating reflects the

The Minneapolis-St. Paul Metropolitan Airports Commission sold $162.8 million in bonds to refund a previous issuance. The commission sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $154.5 million, mature between 2025 and 2035, yielding between 3.16% and 3.42%. The taxable Series 2023B bonds, consisting of $8.3 million, mature between 2025

The County of Cape May, New Jersey, issued $92.8 million in bonds to fund various capital improvements. The bonds mature between 2024 and 2038, yielding between 2.9% and 3.9%. They pay interest at 4%. The securities received a rating of Aa1 from Moody’s Investors Service. “The Aa1 issuer rating reflects the county’s high wealth, healthy

Durham, North Carolina, issued $128.3 million in bonds to finance capital improvement projects and refund a previous issuance. The bonds mature between 2024 and 2043. They received a rating of Aa1 from Moody’s Investors Service, AA+ from S&P Global Ratings, and AA+ from Fitch Ratings. The rating reflects “the city’s strong revenue growth prospects from

The Utah Transit Authority (UTA) issued $50 million in bonds to buy back previously issued securities. The serial bonds mature between 2029 and 2039. The securities received a rating of AA from Fitch Ratings, Aa2 from Moody’s Investors Service, and AA+ from S&P Global Ratings. The rating “reflects the authority’s superior gap closing capacity, strong

Des Moines, Iowa, sold $94.4 million in bonds to finance various capital improvements, including upgrades to the city’s stormwater system. The city sold the bonds in two series. The Series 2023A bonds, consisting of $72.6 million, mature between 2024 and 2043. The Series 2023B bonds, consisting of $21.8 million, mature between 2025 and 2043. The

The Illinois Housing Development Authority (IHDA) issued $275 million in bonds to finance affordable housing initiatives in the state. The authority sold the bonds in three series. The tax-exempt 2023 Series K bonds consist of $179 million and mature between 2025 and 2053; the taxable 2023 Series L bonds consist of $64 million and mature

The Wayne County Airport Authority (WCAA) sold $375 million in bonds to finance improvements to Detroit Metropolitan Airport (DTW). The authority sold the bonds in five series. About $247 million worth of the bonds are tax exempt, while the remaining $128 million are taxable. The securities received a rating of A from Fitch Ratings, A1

The Chicago Park District issued $191 million in bonds to finance the cost of building, maintaining, and improving parks in the country’s third-largest city. The district sold the bonds in four series. The Series 2023B bonds consist of $40 million; the Series 2023C bonds consist of $130 million; the Series 2023D bonds consist of $15

The New York State Housing Finance Agency (HFA) issued $149.6 million in bonds to finance sustainable and affordable housing initiatives in the state. The agency sold the bonds in two series. The 2023 Series D-1 bonds consist of $14.9 million and mature between 2024 and 2063. The 2023 Series D-2 bonds consist of $134.7 million

A school district in the suburbs of Detroit, Michigan, sold $92.3 million in bonds to bolster its special education program. The bonds, issued by the Macomb Intermediate School District (MISD), mature between 2024 and 2044 and pay interest at 5%. They received a rating of AA from S&P Global Ratings. Proceeds from the bonds will

California issued almost $1 billion in bonds to fund various capital improvements across the state. The bonds, which are federally taxable, mature between 2028 and 2041. They received a rating of Aa2 from Moody’s Investors Service, AA- from S&P Global Ratings, and AA from Fitch Ratings. The rating reflects “the state’s large and diverse economy,

Memphis, Tennessee, issued $150 million in commercial paper notes to finance public works projects ahead of a bond issuance anticipated for later this year. The notes will mature no more than nine months from the date of the issuance. They received a rating of P-1 from Moody’s Investors Service and A-1+ from S&P Global Ratings.

Fort Myers, Florida, sold $139 million in bonds to fund capital improvements to the city’s utility system. The bonds mature between 2029 and 2045, yielding between 3.58% and 4.67%. They received a rating of Aa3 from Moody’s Investors Service and AA- from S&P Global Ratings. The rating reflects the Fort Myers Water and Sewer Enterprise’s

The City of New York issued $965 million in taxable bonds to reimburse spending on affordable housing and make capital improvements. The city sold the bonds in two series. The Subseries B-1 securities, consisting of $700 million, are term bonds that mature on October 1, 2053 and yield 5.828%. The Subseries B-2 bonds, consisting of

The Public Utilities Commission of the City and County of San Francisco issued $123.9 million in bonds to refund a previous issuance and finance capital projects. The bonds mature between 2026 and 2053, yielding between 3.15% and 4.5%. They received a rating of AA from S&P Global Ratings and AA- from Fitch Ratings. The rating

The Utah Infrastructure Agency (UIA) issued $35.6 million in bonds to finance the development of a statewide telecommunications network. The bonds mature between 2025 and 2047, yielding between 4.92% and 6%. They received a rating of BBB- from Fitch Ratings, which assigned a negative outlook. “The ‘BBB-‘ ratings and maintenance of the Negative Outlook continue

The Missouri Joint Municipal Electric Utility Commission sold $94.2 million in bonds to refund bonds that financed the Iatan 2 Project, a coal-fired power station. The bonds mature between 2025 and 2034, yielding between 3.65% and 3.92%. They received a rating of A from Fitch Ratings and A2 from Moody’s Investors Service, which assigned a

In this episode, we sit down with Marc Joffe, a policy analyst at the CATO Institute, to delve into the essential topic of fundamental data in the municipal bond market. Join us as we explore how technologies and transformative changes are set to reshape the landscape of municipal finance in the years ahead. If you’re

A Texas authority tasked with water security issued $1.01 billion in bonds to ensure that the state is prepared for drought. The tax-exempt bonds, issued by the Texas Water Development Board (TWDB), mature between 2024 and 2058, yielding between 3.46% and 4.82%. As part of the same issuance, the board sold an additional $5 million

The Colorado Housing and Finance Authority sold $150 million in bonds to fund affordable housing initiatives in the state. The authority sold the bonds in three series. The tax-exempt Series 2023 O bonds, consisting of $22.5 million in term bonds, mature on May 1, 2054, and yield 6.5%. The taxable 2023 Series P-1 bonds, consisting

A Missouri state authority issued $296.4 million in bonds to finance acquisitions by Mercy Health, a nonprofit healthcare system headquartered near St. Louis. The authority will loan the bond proceeds to Mercy. The bonds, sold by the Health and Education Facilities Authority of the State of Missouri, mature between 2040 and 2052, yielding between 4.68%

The biggest school district in South Carolina sold $278.8 million in bonds to refund a previous issuance. The bonds, issued by a Greenville County construction program known as Building Equity Sooner for Tomorrow (BEST), mature between 2024 and 2028, yielding between 3.65% and 3.92%. They pay interest at 5%. The securities received a rating of

The San Diego County Regional Airport Authority issued $1.06 billion in bonds to fund a new terminal at San Diego International Airport (SDIA). The authority sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $74.7 million, mature between 2024 and 2058, yielding between 3.49% and 4.89%. The taxable Series 2023B bonds,

The Maine Municipal Bond Bank sold $87.7 million in bonds to purchase different municipal bonds from state government units and make new loans to those government units. The bonds mature between 2024 and 2043, yielding between 3.61% and 4.8%. They received a rating of AA+ from S&P Global Ratings and Aa2 from Moody’s Investors Service,

The Triborough Bridge and Tunnel Authority, a division of the Metropolitan Transit Authority (MTA), issued $1.13 billion in bonds to refund a previous issuance. The bonds mature between 2029 and 2043, yielding between 3.56% and 4.49%. Fitch Ratings, S&P Global Ratings, and Kroll Bond Rating Agency all rated the bonds AA+. “However, our view of

The Idaho Health Facilities Authority sold $46.2 million in bonds to finance the construction of a medical center in the city of Twin Falls. The securities are term bonds which mature between 2029 and 2057, yielding between 5.5% and 7.25%. The authority did not request a rating from credit rating agencies. “Typically, unrated municipal securities

The Omaha Public Power District issued $549.8 million in bonds to finance capital expenditures and refund previous issuances. The 2023 bonds mature between 2025 and 2053, yielding between 3.61% and 4.75%. They received a rating of Aa2 from Moody’s Investors Service and AA from S&P Global Ratings. The rating reflects the “utility’s strong service area

The Metropolitan Pier and Exposition Authority (MPEA) sold $57.9 million in bonds to refund a previous issuance. The bonds mature between 2027 and 2028, yielding between 4.18% and 4.22%. They pay interest at 5%. The securities received a rating of BBB from Fitch Ratings, A from S&P Global Ratings, and AA- from Kroll Bond Rating

A Texas nonprofit sold $56 million in bonds on behalf of Southern Methodist University (SMU) to refund a previous issuance. The bonds, issued by the Southwest Texas Higher Education Authority, mature between 2029 and 2042, yielding between 3.7% and 4.52%. The securities received a rating of AA- from S&P Global Ratings and Aa3 from Moody’s

The New Hampshire Health and Education Facilities Authority issued $70.64 million in bonds to finance student loans issued by a local nonprofit. The authority sold the bonds in two series. The taxable Series 2023A bonds, consisting of $40.95 million, mature between 2033 and 2043, yielding between 6.566% and 7.135%. The tax-exempt Series 2023B bonds, consisting

The Tulare County Transportation Authority sold $70.4 million in bonds to finance road improvements and refund a previous issuance. The bonds mature between 2026 and 2037, yielding between 3.16% and 3.64%. They pay interest at 5%. The securities received a rating of AA from S&P Global Ratings. The issuance comes amid persistently high inflation and

The Board of Trustees of the University of Illinois issued $68.3 million in bonds to refund a previous issuance. The bonds mature between 2027 and 2042, yielding between 3.93% and 4.84%. They received a rating of A2 from Moody’s Investors Service and A- from S&P Global Ratings. The rating “reflects the university’s excellent market strength,

The Allegheny County Airport Authority issued $415 million in bonds to finance terminal renovations at Pittsburgh International Airport (PIT). The authority sold the bonds in three series. All of the bonds mature between 2026 and 2053. The Series 2023A bonds, consisting of $347 million and subject to alternative minimum tax, yield between 4.26% and 5.06%;

The Los Angeles Department of Water and Power (LADWP) issued $303.3 million in bonds to refund previously issued securities. The bonds mature between 2024 and 2043, yielding between 3.21% and 4.19%. They pay interest at 5%. The securities received a rating of Aa2 from Moody’s Investors Service, AA- from S&P Global Ratings, and AA from

Massachusetts issued $1.47 billion in bonds to finance general capital expenditures and refund a previous issuance. The state sold the bonds in five series, ranging from $188 million to $550 million. Only the Series E bonds, consisting of $260 million, are federally taxable; the rest are tax-exempt. The securities received a rating of AA+ from

The Indiana Housing and Community Development Authority (IHCDA) sold $134.6 million in bonds to finance affordable housing initiatives in the state. The authority issued the bonds in three series. The tax-exempt 2023 Series D-1 bonds, consisting of $65.9 million, mature between 2028 and 2053, yielding between 4.15% and 5.2%. The 2023 Series D-2 bonds, consisting

Houston, Texas, issued $271.3 million in bonds to make public improvements and refund a previous issuance. The bonds mature between 2025 and 2043, yielding between 3.58% and 4.44%. They received a rating of Aa3 from Moody’s Investors Service and AA from Fitch Ratings. The rating “reflects the city’s high financial resilience assessment, moderate long-term liability

The Georgia Housing and Finance Authority sold $130.1 million in bonds to finance affordable housing initiatives in the state. The single-family mortgage bonds (SFMB) mature between 2024 and 2051, yielding between 3.8% and 5.25%. They received a rating of AAA from S&P Global Ratings. “The rating reflects our view of the SFMB program’s legal framework,

The Richmond County Board of Education (RCBOE) issued $86.8 million in bonds to fund a series of improvements to the county’s schools. The bonds mature between 2025 and 2027, yielding between 3.58% and 3.71%. They pay interest at 5%. The securities received enhanced ratings of AA+ from S&P Global Ratings and Aa1 from Moody’s Investors

The Housing Authority of the City of Seattle sold $46.2 million in bonds to build affordable housing units in the city’s Yesler Terrace neighborhood, which is near downtown Seattle. The bonds are split between $30.8 million in serial bonds mature on June 1, 2027, and $15.4 million in term bonds maturing on December 1, 2030.

The New York State Development Corporation issued $1.06 billion in bonds to finance a variety of capital improvement projects. The bonds mature between 2025 and 2053, yielding between 3.66% and 5.03%. The securities received a rating of AA+ from Fitch Ratings and Aa1 from Moody’s Investors Service. The rating “is based on the solid growth

The California Community Choice Financing Authority (CCCFA) sold $647.8 million in bonds to prepay for a supply of clean energy. The securities are term bonds maturing on October 1, 2054, and yielding 5.07%. They have a mandatory tender date of November 1, 2030. The bonds received a rating of Aa3 from Moody’s Investors Service. The

The Maryland Stadium Authority issued $98.5 million in bonds to finance the improvement of minor league baseball stadiums across the state. The authority sold the bonds in two series. The Series 2023A bonds, consisting of $20.1 million, mature between 2025 and 2052, yielding between 3.8% and 5.04%. The Series 2023B bonds, consisting of $78.4 million,

The Board of Trustees of the Colorado School of Mines sold $132.5 million in bonds to redevelop the university’s on-campus housing. The bonds mature between 2025 and 2053, yielding between 3.8% and 5.12%. They received a rating of A1 from Moody’s Investors Service and A+ from S&P Global Ratings. The rating reflects the university’s “very

Connecticut issued $1.22 billion in bonds to finance transportation infrastructure projects. The state sold the bonds in two series. The 2023 Series A bonds, consisting of $875 million, mature between 2024 and 2044, yielding between 3.67% and 4.71%. The 2023 Series B bonds, consisting of $349 million, mature between 2025 and 2034, yielding between 3.67%

The West Virginia Hospital Finance Authority sold $407.7 million in bonds to finance improvements to hospitals run by Vandalia Health, a nonprofit healthcare system. The bonds mature between 2040 and 2053, yielding between 5.1% and 5.64%. They received an underlying rating of Baa1 from Moody’s Investors Service and BBB+ from S&P Global Ratings. The agencies

The Ohio Water Development Authority (OWDA) issued $100 million in bonds to finance projects that will increase the state’s supply of fresh water. The bonds mature between 2032 and 2041, yielding between 3.62% and 4.37%. They received a rating of Aaa from Moody’s Investors Service and AAA from S&P Global Ratings. The bond proceeds will

The New Mexico Mortgage Finance Authority (MFA) sold $125 million in bonds to fund affordable mortgage loans. The bonds mature between 2025 and 2054, yielding between 3.9% and 6.5%. They received a rating of Aaa from Moody’s Investors Service. Moody’s analysts said the rating reflected “high quality of the collateral” and the “stable overcollateralization of

Chicago sold $513.5 million in bonds to finance improvements to Chicago Midway International Airport (MDW). The city sold the bonds in two series. The taxable Series 2023A bonds, consisting of $211 million, mature between 2027 and 2053, yielding between 4.5% and 5.48%. The tax-exempt Series 2023B bonds, consisting of $302.5 million, mature between 2025 and

The New York Power Authority (NYPA) issued $734.2 million in bonds to make improvements to the state’s electrical grid that will allow it to incorporate more renewable energy. The bonds mature between 2026 and 2063, yielding between 3.71% and 5.3%. They received an insured rating of AA from S&P Global Ratings and underlying rating of

The Los Angeles Unified School District (LAUSD) issued $850 million in bonds to finance general improvements to its schools. The issuance includes $801.5 million in tax-exempt bonds maturing between 2024 and 2048, yielding between 3.5% and 4.67%. It also includes $48.5 million in federally taxable bonds maturing on January 1, 2024, and yielding 5.7%. The

The University of Connecticut issued $97.1 million in bonds to build new student housing on its flagship campus.  The bonds mature between 2024 and 2053, yielding between 3.7% and 4.97%. They received a rating of Aa3 from Moody’s Investors Service and A+ from S&P Global Ratings. The rating reflects the university’s “excellent brand and strategic

Minnesota issued $454.2 million in certificates to finance the renovation of an office building used by the State House of Representatives. The certificates mature between 2024 and 2043, yielding between 3.61% and 4.63%. They pay interest at 5%. The securities received a rating of AA+ from S&P Global Ratings. The bond proceeds will finance upgrades

Cape Coral, Florida, issued $138 million in bonds to make improvements to its irrigation, water, and wastewater services. The bonds mature between 2025 and 2054, yielding between 4.05% and 5.65%. They received an insured rating of AA from S&P Global Ratings and underlying rating of A2 from Moody’s Investors Service and A from Fitch Ratings.

The Pennsylvania Housing Finance Agency (PHFA) issued $409.6 million in bonds to help Pennsylvania homebuyers purchase affordable homes.  The agency sold the bonds in two series. The series of tax-exempt bonds, consisting of $389.4 million, mature between 2034 and 2053, yielding between 4.7% and 6.25%. The series of federally taxable bonds, consisting of $20.2 million,

The Chicago Board of Education (CBOE) sold $575 million in bonds to improve the city’s schools. The bonds mature between 2030 and 2049, yielding between 5.19% and 6.08%. They received a rating of BB+ from Fitch Ratings, BBB from Kroll Bond Rating Agency, and BB+ from S&P Global Ratings. The rating reflects “CBOE’s adequate levels

A Tennessee agency sold $145.1 million in bonds to finance improvements at Vanderbilt University Medical Center (VUMC), to which it is loaning the proceeds from the issuance. The bonds mature between 2028 and 2033, yielding between 4.16% and 4.37%. They pay interest at 5%. The securities received a rating of A from Fitch Ratings and

Oregon issued $158 million in bonds to finance various capital projects. The bonds mature between 2024 and 2043, yielding between 3.53% and 4.52%. They pay interest at 5%. The securities received a rating of AA+ from Fitch Ratings, Aa1 from Moody’s Investors Service, and AA+ from S&P Global Ratings. The rating reflects “the state’s strong

The San Francisco Airport Commission sold $794.3 million in bonds to refund previously issued securities. The commission sold the bonds in two series. The taxable Series 2023C bonds, consisting of $748.4 million, mature between 2028 and 2048, yielding between 4.47% and 5.26%. The tax-exempt Series 2023D bonds, consisting of $45.9 million, mature on May 1,

The California State Public Works Board (SPWB) issued $361.4 million in bonds to fund the construction of jails, courthouses, and a fire station. The board sold the bonds in two series. The tax-exempt 2023 Series D bonds, consisting of $306.2 million, mature between 2024 and 2048, yielding between 3.54% and 4.85%. The federally taxable 2023

The Texas Public Finance Authority sold $298.4 million in bonds to fund cancer research in the state. The taxable bonds mature between 2024 and 2043, yielding between 5.272% and 6.401%. They received ratings of AAA from Fitch Ratings and AAA from S&P Global Ratings. The rating reflects Texas’ “growth-oriented economy and the ample fiscal flexibility

The Virginia Public School Authority issued $135.8 million in bonds to finance improvements at schools in a northern county. The bonds mature between 2024 and 2043, yielding between 3.53% and 4.78%. They received a rating of AAA from Fitch Ratings, Aaa from Moody’s Investors Service, and AAA from S&P Global Ratings. Fitch analysts wrote that

New York’s Utility Debt Securitization Authority issued $823.3 million in bonds to help a power provider on Long Island refund previously issued securities and make system improvements. The authority sold the bonds in three series, including $35.7 million in federally taxable bonds and $787.7 million in tax-exempt securities. The taxable bonds are scheduled to mature

The University of Pittsburgh sold $475 million in bonds to refund a previous issuance and make capital improvements. The first series of bonds, consisting of $200 million, mature on February 15, 2029, and yield 3.4%. The second series, consisting of $275 million, mature on February 15, 2034, and yield 3.54%. They received a rating of

Dallas, Texas, issued $214 million in bonds to finance improvements to a convention center and a cultural complex. The city sold the bonds in two series. The larger series, consisting of $170.6 million, yield 5.5%, and the smaller series, consisting of $43.4 million, yield 6%. All of the bonds mature on August 15, 2053, with

Fishers, Indiana, sold $170 million in bonds to refund a previous issuance and finance the construction of an arena for a minor league hockey team. The city sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $160 million, mature between 2026 and 2063, yielding between 3.64% and 5.08%. The taxable Series

The California Educational Facilities Authority issued $110 million in bonds on behalf of St. Mary’s College of California (SMC) to refund a previous issuance and finance the college’s strategic plan.    The bonds mature between 2030 and 2053, yielding between 4.61% and 5.68%. They received a rating of BBB- from S&P Global Ratings. The authority is

An Arizona electrical utility sold $650 million in bonds to finance capital improvements. The bonds mature between 2043 and 2053, yielding between 4.18% and 4.48%. They received a rating of Aa1 from Moody’s Investors Service and AA+ from S&P Global Ratings. The rating “recognizes the inherent strengths of SRP, given its self-regulated rate setting authority,

The Maryland Community Development Administration (MCDA) sold $400 million in bonds to refund previously issued securities and finance affordable housing initiatives in the state. The authority sold the bonds in two series. The tax-exempt Series 2023 E bonds, consisting of $75 million, mature between 2024 and 2054, yielding between 3.6% and 6.25%. The federally taxable

Florida issued $80 million in bonds to build a new student residence hall at the University of North Florida, a public research university in Jacksonville. The bonds mature between 2025 and 2053, yielding between 38% and 4.9%. They pay interest at 5%. The securities received underlying ratings of A from Fitch Ratings, A2 from Moody’s

Join us in insightful conversations as we delve into the dynamic intersection of municipal bonds and climate resilience. In this episode, we sit down with Tom Doe, President and Founder of Municipal Market Analytics, to unravel the intricate landscape of climate risk and its pivotal role in shaping the future of municipal bonds. From dissecting

The California Infrastructure and Economic Development Bank issued $322.3 million in bonds for a Los Angeles art institution to refund previously issued securities. The bank sold the bonds in two series. The Series 2023A bonds, consisting of $175.9 million, mature between 2024 and 2033, paying interest at a fixed rate of 5%. The Series 2023B

North Carolina A&T State University sold $58.5 million in bonds to finance the construction of a new residence hall on campus. The bonds mature between 2025 and 2052, yielding between 3.31% and 4.7%. They pay interest at 5%. The securities received a rating of AA- from Fitch Ratings and Aa3 from Moody’s Investors Service, which

Miami, Florida, issued $271.4 million in bonds to finance the construction of a new administrative building and the city’s implementation of new cloud software. The city sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $241.2 million, mature between 2025 and 2053, yielding between 3.35% and 4.65%. The taxable Series 2023B

The Missouri agency tasked with maintaining the state’s roads sold $381.6 million in bonds to fund “mega projects” that improve state highways. The bonds, issued by the Missouri Highways and Transportation Commission, mature between 2024 and 2026, yielding between 3.14% and 3.28%. They received a rating of Aa1 from Moody’s Investors Service, AA+ from S&P

A New York government authority issued $287 million in bonds to expand the largest hospital in Westchester County. The bonds mature between 2031 and 2053, yielding between 4.01% and 5.13%. They were sold by the Westchester County Local Development Corporation (LDC) on behalf of the Westchester County Health Care Corporation (WCHCC). The securities received insured

Washington sold $471.5 million in bonds to refund previously issued securities. The state issued the bonds in two series. The Series R-2024A bonds, consisting of $289.7 million, mature between 2024 and 2039, yielding between 3.28% and 3.99%. The Series R-2024B bonds, consisting of $181.8 million, mature between 2025 and 2039, yielding between 3.28% and 3.97%.

The school district in Oakland, California, issued $266.9 million in bonds to finance capital improvements. The school district sold the bonds in four series. The tax-exempt bonds, consisting of $249.5 million, mature between 2026 and 2048, yielding between 3.27% and 4.48%. The federally taxable bonds, consisting of $17.4 million, mature between 2024 and 2035, yielding

Mesa, Arizona, sold $277 million in bonds to finance improvements to its utilities systems and other capital improvements.  The city sold both general obligation bonds and utilities system revenue bonds. The two issuances marked the largest ever bond sales by the city. The general obligation bonds mature between 2024 and 2043, yielding between 3.31% and

Ohio issued $116.8 million in bonds to fund capital improvements to its highways. The bonds mature between 2025 and 2039, yielding between 3.1% and 3.75%. They pay interest at 5%. The securities received a rating of Aa1 from Moody’s Investors Service, AAA from Fitch Ratings, AAA from S&P Global Ratings, and AAA from Kroll Bond

A school district outside of Austin, Texas, sold $163.3 million in bonds to finance capital improvements and refund previously issued securities. The bonds, issued by Dripping Springs Independent School District, mature between 2024 and 2053, yielding between 3.22% and 4.46%. They pay interest at 5%. The securities received an rating of AAA from S&P Global

The South Dakota Housing Development Authority issued $235 million in bonds to fund mortgages for low- and moderate-income homebuyers in the state. The authority sold the bonds in four series, including $175 million in tax-exempt bonds and $60 million in federally taxable bonds. The tax-exempt bonds mature between 2024 and 2055, yielding between 3.55% and

Bentonville, Arkansas, a city known for hosting the global headquarters of Walmart Inc, sold $53.9 million in bonds to finance capital improvements and refund previously issued securities. The bonds mature between 2024 and 2046, yielding between 3.4% and 4.17%. The securities received a rating of AA- from S&P Global Ratings. “Bonds are a great way

The Louisiana Offshore Terminal Authority remarketed $175.5 million in bonds to refund previously issued securities. The authority remarketed three series of bonds, originally issued in 2007 and 2013. The bonds will now mature in 2027, 2033, and 2034, with interest rates ranging from 4.15% to 4.2%. The securities received a rating of A3 from Moody’s

The Successor Agency to Redevelopment Agency of the City and County of San Francisco issued $119.8 million in bonds on behalf of the city’s Mission Bay South neighborhood.  The bonds mature between 2024 and 2043, yielding between 3.31% and 4.25%. S&P Global Ratings assigned the securities an insured rating of AA and an underlying rating

The Great Lakes Water Authority (GLWA) sold $215.7 million in bonds to finance capital improvements and refund previously issued securities. The authority sold the bonds in two series. The Series 2023A bonds, consisting of $67.2 million, mature between 2025 and 2038, yielding between 3.34% and 4.02%. The Series 2023B bonds, consisting of $148.5 million, mature

Washington, DC, issued $1.18 billion in bonds to finance capital improvement projects and refund previously issued securities. The city sold the bonds in four series, including one set of federally taxable bonds. The tax-exempt bonds, totaling $933.6 million, mature between 2024 and 2048, yielding between 3.29% and 4.34%. The taxable bonds, totaling $250.3 million, mature

Denver, Colorado, sold $586.8 million in bonds on behalf of Denver International Airport (DEN). The city sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $316 million, mature between 2024 and 2043, yielding between 3.33% and 4.31%. The taxable Series 2023B bonds, consisting of $270.8 million, also mature between 2024 and

The Maine Health and Higher Educational Facilities Authority issued $122.4 million in bonds to fund hospitals and a prep school in the state. The bonds mature between 2024 and 2053, yielding between 3.29% and 5%. The securities received an insured rating of A1 from Moody’s Investors Service and AA from S&P Global Ratings, and underlying

The New Jersey Transportation Trust Fund Authority (NJTTFA) issued $1.25 billion in bonds to finance state aid to counties and municipalities for transportation projects. The bonds mature between 2032 and 2050, yielding between 3.51% and 4.78%. They received a rating of A from Fitch Ratings, A2 from Moody’s Investors Service, A- from S&P Global Ratings,

The North Carolina State Education Assistance Authority (NCSEAA) sold $77 million in bonds to finance student loan initiatives. The bonds mature between 2028 and 2043, yielding between 4.35% and 5.15%. They received a rating of A (sf) from S&P Global Ratings. “The preliminary ratings reflect our view of the transaction’s credit support, payment structure, and

An Ohio authority issued $86.3 million in bonds to build a parking garage at the University of Akron’s campus. The bonds, sold by the Development Finance Authority of Summit County, mature between 2043 and 2058, yielding between 5.55% and 6.02%. They received a rating of Baa2 from Moody’s Investors Service. In July, the university announced

The Municipal Improvement Corporation of Los Angeles (MICLA) sold $176.5 million in bonds to retire previously issued securities. The bonds mature between 2024 and 2043, yielding between 3.01% and 4.04%. They pay interest at 5%. The securities received a rating of Aa3 from Moody’s Investors Service and AA- from Fitch Ratings. “The Aa3 lease revenue

A Michigan nonprofit healthcare system authorized the sale of up to $300 million in taxable commercial paper notes for general corporate purposes. The notes, to be sold by Corewell Health, mature not more than nine months after the date of issue. They received a rating of P-1 from Moody’s Investors Service and A-1+ from S&P

The New York Transportation Development Corporation sold $2 billion in taxable bonds to reduce refinancing risk as John F. Kennedy International Airport (JFK) builds a new terminal. The bonds mature between 2038 and 2060, yielding between 4.6% and 5.56%. They received insured ratings of AA from S&P Global Ratings, A1 from Moody’s Investors Service, and

Burlington, Kansas, issued $79.5 million in bonds for a local energy provider to refund securities it sold to make environmental improvements. The bonds mature on March 1, 2045, with a mandatory tender date on June 1, 2026. They pay interest at 4.3%. The securities received a rating of A2 from Moody’s Investors Service and A+

An airport board in central Kentucky sold $47.3 million in bonds to finance improvements at the primary airport in the state’s second-biggest city. The Lexington-Fayette Urban County Airport Board issued the bonds in three series. The tax-exempt 2023 Series A bonds, consisting of $29.2 million, mature between 2027 and 2053, yielding between 3.52% and 4.81%. The

The Massachusetts Development Finance Agency issued $400 million in bonds to finance software upgrades for one of the state’s largest hospital systems. Half of the bonds mature in 2032 and yield 3.59%. The other half mature in 2034, yielding 3.66%. The securities received a rating of A3 from Moody’s Investors Service and A from S&P

The Ohio Water Development Authority sold $300 million in bonds to raise money for upgrades to the state’s water infrastructure. The bonds mature between 2027 and 2033, yielding between 2.82% and 2.98%. They pay interest at 5%. The securities received a rating of Aaa from Moody’s Investors Service and AAA from S&P Global Ratings. “The

The Idaho Housing and Finance Association (IHFA) issued $206.8 million in federally taxable bonds to finance the purchase of mortgage-backed securities. The bonds mature between 2033 and 2054, yielding between 5.385% and 6.16%. The securities received a rating of Aa1 from Moody’s Investors Service. “The Aa1 rating on the Bonds is largely based on anticipated

The Los Angeles Community College District issued $575 million in bonds to improve its facilities. The district sold the bonds in two series. The Series M bonds, consisting of $175 million, mature between 2024 and 2038, yielding between 2.53% and 3.03%. The Series D bonds, consisting of $400 million, mature between 2024 and 2030, yielding

The New Hope Cultural Education Facilities Finance Corporation sold $118 million in bonds to finance improvements at a pair of nonprofit retirement communities. The corporation sold the bonds in six series, including three sub-series. It did not apply for or receive ratings for the securities. The corporation will loan the bond proceeds to Morningside Ministries,

The Alaska Municipal Bond Bank issued $35 million in bonds to finance port and upland improvement in a city in the state’s southeast. The bonds mature between 2024 and 2053, yielding between 3.7% and 4.95%. They received a rating of A1 from Moody’s Investors Service, A+ from S&P Global Ratings, and AA- from Kroll Bond

Miami-Dade County, Florida, issued $448.6 million in taxable bonds to fund a new headquarters for Royal Caribbean Ltd at the Port of Miami. The bonds mature between 2026 and 2055, yielding between 5.245% and 6.224%. They received a rating of A from Fitch Ratings and A3 from Moody’s Investors Service. “The rating reflects PortMiami’s fundamental

The California Community Choice Financing Authority (CCCFA) issued $1.04 billion in bonds to prepay for a 30-year supply of clean energy to a northern California electricity provider. The authority sold both tax-exempt and taxable bonds. The vast majority of tax-exempt bonds, worth $1.01 billion, mature on November 1, 2054, and yield 4.48%. They are subject

The New York State Housing Finance Authority (HFA) issued $131.8 million in bonds to finance affordable multifamily rental housing developments. The authority sold the bonds in two series, with maturities between 2024 and 2063 and yields between 3.35% and 5.05%. The securities received a rating of Aa2 from Moody’s Investors Service, which assigned a stable

The New York City Transitional Finance Authority (TFA) sold $1.44 billion in bonds to refund previously issued securities. The authority sold the bonds in two series, including tax-exempt and taxable securities. The tax-exempt bonds, consisting of $1.27 billion, mature between 2026 and 2042, yielding between 2.63% and 3.93%. The taxable bonds, consisting of $173 million,

The Utah Housing Corporation (UHC) issued $232.4 million in bonds to finance affordable housing initiatives. The corporation sold the bonds in two series. The tax-exempt 2024 Series A bonds, consisting of $108.1 million, mature between 2025 and 2054, yielding between 3.45% and 6.5%. The taxable Series 2024 Series B bonds, consisting of $124.2 million, mature

Illinois sold $875 million in bonds to make accelerated pension benefit payments and finance capital expenditures. The state sold the bonds in three series. The taxable Series of December 2023A bonds, consisting of $175 million, mature between 2024 and 2028, yielding between 5.31% and 5.84%. The tax-exempt Series of December 2023B bonds, consisting of $350

Alexandria, Virginia, issued $246.6 million in bonds to finance various public improvement projects. The bonds mature between 2024 and 2053, yielding between 2.56% and 4.176%. They received a rating of AAA from S&P Global Ratings and Aaa from Moody’s Investors Service. “The Aaa issuer rating reflects the city’s affluent and growing local economy that benefits

King County, Washington, sold $91.7 million in bonds to finance improvements to a local hospital. The bonds mature between 2024 and 2043, yielding between 2.41% and 3.36%. They pay interest at 5%. The securities received a rating of AAA from Fitch Ratings, Aaa from Moody’s Investors Service, and AAA from S&P Global Ratings. “The county

The Public Energy Authority of Kentucky (PEAK) issued $862.4 million in bonds to refund a previous issuance and prepay for a long-term supply of natural gas. The authority sold the vast majority of the bonds, about $812 million, at a fixed rate with maturities between 2028 and 2054, and yields between 4.24% and 4.54%. It

The Monroe County Industrial Development Corporation sold $397.6 million in bonds to finance improvements at the University of Rochester’s Medical Center and other campus upgrades. The corporation sold the bonds in two series. The tax-exempt Series 2023A bonds, consisting of $296.9 million, mature between 2034 and 2053, yielding between 2.86% and 4.16%. The taxable Series

An Oklahoma state authority tasked with maintaining the Grand River waterway sold $205 million in bonds to replace a coal-fired generator with a natural gas-powered generator. The bonds, issued by the Grand River Dam Authority (GRDA), mature between 2030 and 2042, yielding between 2.75% and 3.75%. They pay interest at 5%. The securities received a

The Arizona Industrial Development Authority issued $280 million in bonds to finance a pool of loans to charter schools.  The bonds mature between 2027 and 2053, yielding between 3.2% and 4.57%. They received a rating of A from S&P Global Ratings. “The school loans to qualifying school borrowers are for the purpose of financing or

The Ogden City Redevelopment Agency issued $64.2 million in bonds to transform a former snack factory into a mixed-use development including housing, retail, hotel, and office space. The bonds mature between 2028 and 2058, yielding between 2.57% and 4.16%. They received a rating of AAA from S&P Global Ratings and AA+ from Fitch Ratings. The

The Indianapolis Local Public Improvement Bond Bank sold $205.7 million in bonds to fund improvements at Indianapolis International Airport (IND) and refund previously issued securities. The bank sold the bonds in two series. The tax-exempt Series 2023I-1 bonds, consisting of $67.9 million, mature between 2026 and 2053, yielding between 2.68% and 4.16%. The taxable Series

Pennsylvania’s Lincoln University issued $29.2 million in bonds to refund existing debt. The university sold the bonds in two series. The tax-exempt Series A bonds, consisting of $25.8 million, mature on July 1, 2044, and yield 5.9%. The federally taxable Series B bonds, consisting of $3.5 million, mature on July 1, 2028, and yield 8.003%.

The New York State Urban Development Corporation issued $823.8 million in bonds to finance capital improvements and refund previously issued securities. The corporation, which is better known as Empire State Development, sold the bonds in two series. The Series 2023A bonds, consisting of $489.1 million, mature between 2034 and 2063, yielding between 2.5% and 4.09%.

The Illinois State Toll Highway Authority (ISTHA) issued $873.7 million in bonds to refund previously issued securities. The bonds mature between 2028 and 2039, yielding between 2.55% and 3.4% They received a rating of AA- from Fitch Ratings, Aa3 from Moody’s Investors Service, and AA- from S&P Global Ratings. “The rating reflects the essentiality of

Virginia Beach, Virginia, sold $423.5 million in bonds to finance improvements at a local senior living facility. The city sold the bonds in two series, the second of which contains three subseries. The Series 2023A bonds, consisting of $258.2 million, mature between 2033 and 2059, yielding between 5.65% and 6.97%. The Series 2023B-1 bonds, consisting

Alaska’s Public Finance Authority issued $236.1 million in bonds to finance a nonprofit’s acquisition of radiation oncology centers. The authority sold the bonds in six series, including tax-exempt and taxable securities. The tax-exempt bonds, consisting of $129.5 million, mature between 2028 and 2053, yielding between 9% and 10%. The taxable bonds, consisting of $106.6 million, also

The Connecticut Health and Education Facilities Authority sold $14.2 million in bonds to finance renovations at an exclusive boarding school in the state.  The bonds mature between 2029 and 2043, yielding between 2.66% and 4.04%. They received a rating of A1 from Moody’s Investors Service. The bond proceeds will finance renovations at two existing dormitories

Jennifer Fredericks, a director at the fixed-income data provider SOLVE, will be the new president of Women in Public Finance, the group announced. Women in Public Finance is a national networking organization aimed at advancing women’s leadership opportunities in the public finance sector, according to the group’s website. Fredericks was previously Women in Public Finance’s

Connecticut issued $826.2 million in bonds to fund statewide capital improvement projects. The state sold the bonds in three series. The 2024 Series A bonds, consisting of $400 million, mature between 2025 and 2037, yielding between 2.42% and 2.87%. The 2024 Series B bonds, consisting of $250 million, mature between 2037 and 2044, yielding between

The Colorado Education and Cultural Facilities Authority sold $22.7 million in bonds to finance improvements at a new charter high school near Denver. The authority sold the securities in two federally taxable term bonds. The Series 2023A bond, consisting of $22.2 million, matures on July 1, 2034, and yields 7%. The Series 2023B bond, consisting

The Westchester County Industrial Development Agency issued $15.5 million in bonds to finance the construction of affordable rental housing for senior citizens. The bonds mature on June 1, 2046, and pay interest at 3.625%. They carry an initial mandatory tender date of June 1, 2024. The securities received a rating of Aaa/VMIG 1 from Moody’s

A school district north of Fort Worth, Texas, sold $172.1 million in bonds to make improvements to school facilities. The bonds, issued by the Northwest Independent School District, mature between 2024 and 2049, yielding between 2.62% and 3.98%. They received an enhanced rating of Aaa from Moody’s Investors Service and AAA from Fitch Ratings, and

Dorchester County, South Carolina, sold $18.9 million in term bonds to develop a mixed-use community within the county. The bonds mature between 2033 and 2051, yielding between 4.55% and 5.625%. They did not receive a rating. The bond proceeds will finance the so-called Summers Corner Improvement District, a 7,000-acre area that the county intends to

The Urban Redevelopment Authority (URA) of Pittsburgh issued $31.6 million in bonds to finance several affordable housing initiatives. The bonds mature between 2024 and 2048, yielding between 4.742% and 5.718%. They received a rating of A+ from S&P Global Ratings. The issuance is part of Pittsburgh’s recently-announced plan to address its dearth of affordable housing.

Calvert County, Maryland, issued $60.9 million in bonds to finance a variety of capital improvement projects. The bonds mature between 2024 and 2048, yielding between 2.29% and 3.8%. They received a rating of AAA from Fitch Ratings, Aaa from Moody’s Investors Service, and AAA from S&P Global Ratings. The rating reflects “​​the county’s low long-term

The Columbus-Franklin County Finance Authority sold $30 million in term bonds to finance improvements at a public charter school. The bonds mature on July 1, 2053, and yield 7%. They did not receive a rating.  The authority will loan the bond proceeds to a nonprofit affiliated with the Cornerstone Academy Community School, a charter school