Cities & States

Chronically Late Municipal Bond Audits Further Delayed in FY 2018

By Richard A. Ciccarone, President of Merritt Research Services, an Investortools, Inc. Company Every year since 2007, Merritt Research Services1 (Merritt Research) reports the time it takes for municipal bond borrowers to complete their annual financial audits. The...

Featured Bond: New Jersey Economic Development Authority, $500 million in Transportation Project Bonds

-by Robert Crump Our first featured bond of the new decade comes from the New Jersey Economic Development Authority (NJEDA), which is scheduled to issue $500 million in Transportation Project Bonds this coming week. The negotiated sale is scheduled for January 9th...

Featured Bond – Week of September 2nd, 2019: State of California to Issue $2.3 Billion Dollars in General Obligation Bonds

The State of California is scheduled to issue $2.3 billion dollars in Various Purpose General Obligation bonds in two parts. In order to refinance its outstanding debt, the state will issue $1.65 billion in Refunding Bonds.  Proceeds from the remainder of the total,...

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