By: Georgina Walleshauser, Associate Prior to the financial crisis, long-term interest rates were significantly higher than where they...

By: Brandon Lippold, Assistant Vice President Since Blue Rose’s last update on the transition from LIBOR to SOFR  the ARRC continues to...

By Georgina Walleshauser, Associate It is typical for issuers with an upcoming refunding transaction to engage an escrow bidding...

By: Georgina Walleshauser There continues to be a disparity in the current market between pre-refunded municipal bonds and Treasury...

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

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

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

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

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

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

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

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

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

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

By: Georgina Walleshauser __________________________________________________________________________________

By: Georgina Walleshauser The shape of the yield curve in the current market continues to remain relatively flat, with minimal...

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...

By: Georgina Walleshauser Every month, U.S. Treasury securities are auctioned to determine their appropriate yield. New shorter-term...

By: Georgina Walleshauser With the SLGS window currently closed and expected to remain so for several more months, issuers of current...

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