Month: October 2018

Risk Perception of State and Local Government Debt May Stress Taxes and Leverage Without a Certainty of Payment – Use of Statutory Liens, Special Revenues and Other Means of Assurance

By James E. Spiotto Fiscal distress of or perception of risk of nonpayment by government begets higher cost of borrowing and even loss of access to the market The perception of fiscal distress leads to higher interest rates (cost of borrowing) in the global markets:...

The Metropolitan Government of Nashville and Davidson County, Tennessee — $724.4 Million

SHARE THIS: FACEBOOKTWITTERLINKEDIN PRINT | EMAIL Featured Municipal Bond Issue, Week of October 15, 2018:   The Metropolitan Government of Nashville and Davidson County, Tennesse -- $724.4  Million The Metropolitan Government of Nashville and Davidson County,...

Department of Water & Power of the City of Los Angeles, CA — $300 Million

SHARE THIS: FACEBOOKTWITTERLINKEDIN PRINT | EMAIL Featured Municipal Bond Issue, Week of October 8, 2018:   Department of Water and Power of the City of Los Angeles, California — $300 Million The Department of Water and Power of the City of Los Angeles, California is...

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