After last year's budget stalemate, Standard & Poor’s dropped Chicago's bond rating, which determines the city’s borrowing ...
These bonds differ from general obligation bonds because they are repaid solely from the income produced by the project, such as tolls or fees, rather than tax revenue. Investors favor them for ...
The general obligation bond sales were authorized May 24 by the ... In the $5.160 million bond sale, the low bidder was Morgan Keegan & Company Inc. with a true interest rate of 4.2505 percent.
Most municipal bonds fall into one of two categories—general obligation and revenue—based on how repayment funds are to be sourced. General obligation bonds are so called because there isn’t ...
States, cities or counties issue general obligation bonds ... according to the financial services company Charles Schwab. “Consider a municipal bond that yields 3.3% compared to a fully taxable ...
Types of municipal bonds include general obligation and revenue bonds. Municipal bonds (munis) are debt securities issued by state and local governments. These can be thought of as loans that ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Chicago Mayor Brandon Johnson wants to sell as much as $830 million in general obligation bonds, filing an ordinance to approve the borrowing one day after S&P Global Ratings cut the city’s ...
KBRA assigns a long-term rating of AA to the State of Louisiana General Obligation Refunding Bonds, Series 2025-A and affirms the long-term rating of ...