Muni Bonds News and Perspectives

For the second time in less than a week, the state of California received a credit rating upgrade, continuing a three-year comeback for the state and...

Almost $6 billion went to states last year as part of the tobacco settlement agreement. And what are they doing with the cash? Just what they're supposed to...

A loan agreement signed by Puerto Rico's governor ended a two-week partial shutdown of the island's government and will enable the government to renew...

For now, debt service payments by Puerto Rico's governmental agencies are not at risk, even though the Commonwealth faces a shutdown of governmental services....

We frequently discuss the media's many misperceptions about municipal bonds. Whether on high profile, national financial television shows or in local...

Several years after they began chipping away at the state Intangibles Tax, Florida lawmakers this week voted overwhelmingly to repeal it. The tax affects...

R.J. Reynolds and Lorillard have paid their full share due under the Master Settlement Agreement (MSA) this year, bringing the total combined payments of the...

Philip Morris, the largest company involved in the Master Settlement Agreement (MSA), made its full 2006 payment of $3.4 billion last week. With a 50% market...

A final report issued by an arbitrator yesterday upheld the claim of major cigarette manufacturers that the Master Settlement Agreement (MSA) was instrumental...

Florida lawmakers are in the process of making 2007 a happy new year for Florida investors holding out-of-state bonds. A bill to repeal the Intangible Tax,...