MSRB seeks to level reserves amid market volatility – Bond Buyer

MSRB seeks to level reserves amid market volatility – Bond Buyer

The City Securities Regulatory Council plans to reduce its reserves over the next year following a higher-than-expected muni issuance due to market conditions created by the coronavirus pandemic. In a report released Thursday morning, the MSRB said the low interest rates resulting from COVID-19 caused high levels of municipal emissions and high levels of activity […]

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