Expect[ed] Loss

––– a weblog focusing on fixed income financial markets, and disconnects within them

Showing posts with label Municipal Bonds. Show all posts
Showing posts with label Municipal Bonds. Show all posts
Thursday, May 5, 2016

How About a Real Federal Bailout for Puerto Rico?

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Later this month, Congress will begin its race against a July 1st deadline to pass legislation addressing the financial mess in Puerto Rico...
Monday, December 28, 2015

Shining a Light onto Municipal Bond Issuance Costs

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In a recent study of 800 municipal bond issues for UC Berkeley, I found that issuance costs varied widely – from less than 0.2% of face va...
Monday, October 12, 2015

EMMA: Time to Grow Up and Be Like Your Big Brother, EDGAR

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In 2009, the Municipal Securities Rulemaking Board (MSRB) launched its Electronic Municipal Market Access (EMMA) system: the place to go f...
12 comments:
Wednesday, July 22, 2015

Should Puerto Rico Bondholders Get a Taxpayer Bailout?

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Critics of extending Chapter 9 to Puerto Rico argue that the policy would allow the Commonwealth to wiggle out of its commitments. If Puert...
Monday, July 13, 2015

The Specious Case against Extending Chapter 9 to Puerto Rico

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Last week, Congressional Republicans blocked legislation that would have allowed Puerto Rico public sector entities to file municipal bankr...
1 comment:
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