By Samuel Gruer As a result of the economic slowdown caused by the COVID-19 pandemic, many budgets are strained and borrowers continue to look for ways to co...

By Georgina Walleshauser As many of you are aware, interest rates on US Treasury securities have recently fallen significantly. Interestingly, at the same ti...

By Georgina Walleshauser Many issuers with outstanding variable rate demand bonds (“VRDBs”) have been closely tracking the SIFMA index in recent weeks, due t...

By Samuel Gruer, Managing Director Many higher education institutions and other borrowers in the municipal market are enticed by the low interest rates that ...

By Georgina Walleshauser Blue Rose recently has seen many issuers contemplate whether to reinvest their bond proceeds in a money-market fund or a laddered po...

By Georgina Walleshauser Generally, in a positively sloped yield curve environment, issuers benefit from investing the bond proceeds in their project funds b...

By Georgina Walleshauser Recently, some of our clients have been utilizing a “rollover” laddered portfolio investment strategy for their debt service reserve...

By Georgina Walleshauser By design, the yields on State and Local Government Series (SLGS) securities are slightly lower than the yields on open market secur...

By Samuel Gruer The National Association of Bond Lawyers (NABL) held a conference this month where a panel entitled “Tax Hot Topics” inspired a discussion on...

By Samuel Gruer No doubt many of you are contemplating or exploring the feasibility of a taxable advance refunding for your borrower clients.  Given the elim...

By Georgina Walleshauser __________________________________________________________________________________

By Georgina Walleshauser The shape of the yield curve in the current market continues to remain relatively flat, with minimal differences between short-term ...

by Sam Gruer We recently completed a reinvest transaction for a Blue Rose client who had a rather short-dated project fund, with a final draw date approximat...

by Georgina Walleshauser Every month, U.S. Treasury securities are auctioned to determine their appropriate yield. New shorter-term Treasuries with maturity ...

by Georgina Walleshauser With the SLGS window currently closed and expected to remain so for several more months, issuers of current refunding transactions s...

by Georgina Walleshauser At Blue Rose, we’re often asked about the usage of Guaranteed Investment Contracts (“GICs”) and the trade-off between risk and retur...

by Georgina Walleshauser The debt ceiling for the United States is currently suspended until March 1, 2019 and at that time, it will be set to the amount of ...