Page 5 - Ramirez Co News Today

Outflows returned as Refinitiv Lipper reported $1.217 billion was pulled out of municipal bond mutual funds for the week ending Wednesday after $46.912 million of inflows the week prior.

Bank of America announced today the issuance of its third Equality Progress Sustainability Bond (EPSB) for $2 billion. The use of proceeds from the bond offering is designed to advance racial and gender equality, economic opportunity and environmental sustainability.

Lower supply in 2022 has somewhat helped the market avoid larger losses, many participants have said.

Munis were in their own lane while broader markets were mixed Monday as participants digested various Fed officials' comments on inflation and rate hike schedules.

Triple-A yields fell five to eight basis points while UST saw yields fall up to nine out long, moving the 30-year UST below 4% for the first time since mid-October.

/PRNewswire/ -- Bank of America announced today the issuance of its third Equality Progress Sustainability Bond (EPSB) for $2 billion. The use of proceeds from...

/PRNewswire/ -- Bank of America announced today the issuance of its third Equality Progress Sustainability Bond (EPSB) for $2 billion. The use of proceeds from...

The upcoming Federal Open Market Committee meeting on Tuesday and Wednesday has led to a lighter new-issue calendar with $2.72 billion on tap.

Keeley Webster, a Bond Buyer senior reporter, hosts a discussion with Raul Amezcua, a Ramirez & Co. managing director, on a California committee's efforts to craft ESG disclosure guidelines to encourage greater issuance of green bonds and provide more transparency for investors. (20 minutes)

Outflows continued as investors pulled $4.532 billion from mutual funds in the week ending Oct. 12 after $5.172 billion of outflows the previous week, according to the Investment Company Institute.