Page 7 - Ramirez Co News Today

Tollway revenue in the first half of 2022 surpassed pre-pandemic 2019 levels in five of the months.

/PRNewswire/ -- Toyota Financial Services (TFS) reinforced its dedication to integrating Diversity & Inclusion (D&I) in all areas of its business through the...

FINRA and MSRB actions are drawing broker-dealer firms to lobbying groups.

Outflows from municipal bond mutual funds continued as investors pulled $1.180 billion out of funds in the latest week, according to Refinitiv Lipper data.

Raul Amezcua, who once led Stifel's California and Arizona banking teams, hired several key bankers at Ramirez & Co. since joining the firm early last year.

The Investment Company Institute reported $230 million of inflows into muni bond mutual funds in the week ending August 17. ETFs see second week of outflows.

Losses for August climbed last week, with month-to-date returns in the red at negative 1.40% on the Bloomberg muni index, high-yield seeing 0.99% losses, taxables at 2.01% losses and the impact index losing 1.70%.

Investors will be greeted Monday with a decrease in supply with the new-issue calendar estimated at $6.711 billion, down from total sales of $10.318 billion.

The short end was hammered in the secondary with large blocks of high-grades showing big swings to higher yields while the rest of the curve wasn't spared the damage and triple-A yields rose by seven to 16 basis points.

Ramirez & Co. and Cabrera Capital Markets, LLC — two Hispanic MWBE firms — are joint bookrunners for the deal, part of Dallas County's sustained push to "maximize professional diversity on the issuance," officials said.