BuyMuni

News and Opinion for the Municipal Bond Industry. We’re the new kid in #Muniland reporting. Follow us and sign-up for newsletters at

[BuyMuni @BuyMuni]

After two years of delays by the Trump administration, the @MTA can now proceed with a less rigorous environmental review that could pave the way for a first-in-the-nation congestion pricing system.

#Muniland #Bonds #Transit #CongestionPricing #Toll @MTA
https://t.co/RWkgZ0veuU

[BuyMuni @BuyMuni]

New Jersey tapped tax-exempt investors for $3.7B (over $4B in proceeds), electing not to issue taxable debt as the Bond Buyer reported exempt funds placed $40B in orders representing a 10+x oversubscription. Congratulations to State Treasurer @LizMuoioNJ.

https://t.co/NDz3dmQzlA

[BuyMuni @BuyMuni]

The Garden State will sell $4 billion General Obligation Emergency Bonds, including taxable social bonds to fund schools. Bonds are rated A3/BBB+/A-/A (Moody's/S&P/Fitch/Kroll). Visit https://t.co/zi8nRSjc5U. Review the OS before investing. #Muniland #Investing #ESG #SocialImpact

[BuyMuni @BuyMuni]

On Nov 18, New Jersey will sell $4 billion COVID-19 General Obligation Emergency Bonds, including taxable social bonds to fund schools. Bonds are rated A3/BBB+/A-/A (Moody's/S&P/Fitch/Kroll). Visit https://t.co/gUV4symIhl. Review the OS before investing. #Muniland #Investing #ESG

[BuyMuni @BuyMuni]

Moody's says Puerto Rico's finances will benefit from statehood, but bonds may lose valuable "triple tax exempt" status.

For #Muniland insights, visit our website or subscribe for newsletters at https://t.co/GdxYkbRSAG.

#Muniland #PuertoRico #PROMESA

https://t.co/wXuJOXCmoP

[BuyMuni @BuyMuni]

Washington State University (WSU) is selling $111MM taxable bonds on Oct 22, 2020. Bonds will mature from 2021 through 2038. Contact Barclays or visit the investor roadshow at https://t.co/Xb8E0US6OF.
#Muniland #MunicipalBonds #Investing @WSUNews @SeattleTimes @SpokesmanReview

[BuyMuni @BuyMuni]

Philadelphia is selling $261MM Gas Works Revenue Bonds to finance capital improvements and refund outstanding bonds. Bonds maturing in 2021 through 2050. Pricing is scheduled for Oct 21, 2020. View the investor presentation here: https://t.co/UhIsPuOWyy. #Muniland #Philadelphia

[BuyMuni @BuyMuni]

West Virginia's Tobacco Settlement Finance Authority is expected to sell $708MM federally taxable refunding bonds on October 21. @Citi will serve as book-runner and PRAG as municipal advisor. Review the investor presentation at https://t.co/IKDUPL7TQD. #Muniland #NewIssue #Bonds

[BuyMuni @BuyMuni]

JP Morgan to @MTA bondholders: don’t think twice, it’s all right.

Visit https://t.co/qBhdVnsuPl for news and opinion on the municipal bond industry.

#Muniland #Bonds #MunicipalBonds #Investing #DylanFriday #BobDylan #ESG #ImpactInvesting #GreenBonds https://t.co/yJnHfrdObz

[BuyMuni @BuyMuni]

JP Morgan says the MTA may be downgraded further, but bankruptcy is unlikely due to state law, state and local fiscal support... and possibly... a Blue administration in 2021.

Visit https://t.co/qBhdVnsuPl for insights on #Muniland.

#Bonds #Investing

https://t.co/eqidNaymXv

[BuyMuni @BuyMuni]

New York State Housing Finance Agency is selling $178MM climate bond certified and sustainability bonds to fund affordable housing.

Pricing is scheduled for Oct 8, with a retail order period on Oct 7.

#Muniland #ESG #ImpactInvesting #UNSDG @ICMA @ClimateBonds @Sustainalytics

[BuyMuni @BuyMuni]

The Michigan Finance Authority is selling $459MM tax-exempt Tobacco Settlement Asset-Backed bonds on Thursday, October 8, 2020. S&P ratings vary by maturity. Investor presentation at https://t.co/7LWUsaoepX (MuniOS). Contact Jefferies at [phone]. #Muniland #TobaccoBonds

[BuyMuni @BuyMuni]

In a reversal from its July prediction, Morgan Stanley’s municipal research team now thinks D.C. assistance will not be forthcoming in 2020, introducing down-side risk to municipal bonds. #Muniland #Investing #Bonds #FixedIncome #MorganStanley #CaresAct https://t.co/l2APxCBbTr

[BuyMuni @BuyMuni]

The San Francisco Public Utilities Commission is selling $665MM taxable refunding bonds - including Green Bonds - on October 7. Bonds are rated Aa2 (Moody's) and AA- (S&P). Contact Goldman Sachs at [phone]. #Muniland #GreenBonds #ESG @SFWater @ClimateBonds @Sustainalytics

[BuyMuni @BuyMuni]

Morgan Stanley U-Turns: No Longer Thinks Federal Stimulus Will Come in 2020. Projects "Bumpy Path" for Munis Over Short-Term.

For #Muniland insights, visit our website or subscribe for newsletters at https://t.co/GdxYkbRSAG.

#MunicipalBonds #Investing

https://t.co/2Tfkqi9PX0

[BuyMuni @BuyMuni]

SURVEY: How much of a haircut would you accept (% of total return) when investing in an ESG, Green or Social Impact Bond? Feel free to share your rationale.

#ESG #GreenBond #ImpactInvesting #ClimateWeek #Muniland #MunicipalBonds #Investing #SRI #Sustainability #ClimateChange

[BuyMuni @BuyMuni]

Florida may be particularly vulnerable, with @MoodysInvSvc estimating 24% of the state's GDP is generated within the 100-year flood zone.

#Muniland #Bonds #ESG #ImpactInvesting #BuiltByBonds #ClimateWeekNYC @ClimateGroup @ClimateReality @NewClimateEcon

https://t.co/P8uUuulMqA

[BuyMuni @BuyMuni]

Morgan Stanley: Fed Likely To Succeed In Spurring U.S. Inflation. Investors Say Municipal Bond Yields Have Risen As A Result. #Muniland #Bonds #Economy #Investing #Portfolio #Inflation #FederalReserve https://t.co/HqmIJKHHkE

[BuyMuni @BuyMuni]

#NEWISSUE: On Sept 22, Michigan will sell $156 million tax-exempt and taxable General Obligation bonds to fund the Great Lakes Water Quality Program and Clean Michigan Initiative. Contact BofA Securities Syndicate at [phone]. #Muniland #ESG #MichiganEGLE @FreshCleanWater

[BuyMuni @BuyMuni]

Houston Airports is selling $850M tax-exempt (AMT/Non-AMT) and federally taxable bonds on Sept 16-17.

Bonds are rated A (S&P) and A1 (Moody's).

Contact Morgan Stanley at 646-385-3003 to schedule 1x1 investor calls.

POS: https://t.co/OWfeCDZHMY

#Muniland @AirportsHouston