MuniLand Snaps: May 18
The Upstate New York public media blog Innovation Trail has a tour of the Rochester City Hall’s new green roof.
National Law Review: More munis, more problems: Increased regulation of the municipal bond market
WSJ: On “general obligation” munis, investors advise caution
Reuters: U.S. muni bond inflows slow at $805 million
Janney Capital Markets: Fixed-income daily market commentary
Reuters: State employee pensions to cost California $3.7 billion
Birmingham News: Jefferson County skips debt payment again, votes against closing hospital
Boston Globe: High-risk video-game venture has Rhode Island and Curt Schilling reeling
Klee: Full faith and credit of municipalities means nothing if legislature does not back it.
— The Second Front (@SecondFront) May 17, 2012
$419.26mm Massachusetts 2012 A CTF bonds sold to JPM at 3.315% TIC on 5/8/2012. 8 bids with top 5 bids within 3 bps of each other. #muniland
— Buy Mass Bonds (@BuyMassBonds) May 17, 2012
City of Houston might be under fiscal stress, but it is irresponsible for a pol to casually talk about bankruptcy bit.ly/KiufIm
— Debtwire Municipals (@Debtwire_Munis) May 17, 2012