The commonwealth plans a $268 million GO sale two days after Gov. Charlie Baker declared a state of emergency.
The early U.S. epicenter of the virus hasn’t seen mass closures of practices, but financial advisors from the area shared tips to try to get ahead of the impact.
Port Authority of New York and New Jersey Executive Director Rick Cotton plans to maintain day-to-day operations from home after a positive coronavirus test.
Many businesses have implemented policies to limit non-essential travel, which is likely to have impacted the biennial presentation to municipal bond investors.
Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.
As COVID-19 wreaks havoc on global markets, munis try to keep pace.
There is quite a bit of data indicating planners timed the markets poorly during the financial crisis. Let's not make the same mistakes again.
Richard Li, a pubic debt specialist for the city of Milwaukee, compared disclosing COVID-19 to disclosing a hurricane hitting localities on the Atlantic coast.
S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.