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FacebookThe LIBOR Phase-Out: What Borrowers Should Know Now
The London Interbank Offered Rate (“LIBOR”) is a benchmark interest rate index used in setting the interest rate for many… Read More
Tag: Public Finance
The Consolidated Appropriations Act, 2021 – Direct Aid to Education, Healthcare and Other Sectors May Indirectly Benefit State and Local Governments
The Consolidated Appropriations Act, 2021 (the “Act”) supplements the Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES… Read More
Federal Reserve Releases Amended Form Documents for Its Main Street Lending Program to Accommodate Nonprofit Lending Facilities
On July 31, 2020, the Federal Reserve Bank of Boston (the “Reserve Bank”) released amended form documents and certifications (the… Read More
Federal Reserve Releases FAQs for Nonprofit Lending Facilities under Main Street Lending Program
On July 23, 2020, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) released Frequently Asked Questions… Read More
Federal Reserve Considers Expanding the Main Street Lending Program to Accommodate Nonprofit Organizations – Comments Welcome
The Board of Governors of the Federal Reserve System (the “Federal Reserve”) is seeking public comment on a proposal to… Read More
Federal Reserve Opens Municipal Liquidity Facility and Releases Transaction Documents
The Board of Governors of the Federal Reserve System (the “Federal Reserve”), through the Federal Reserve Bank of New York… Read More
Federal Reserve Opens Municipal Liquidity Facility with Release of Notice of Interest
The Board of Governors of the Federal Reserve System (the “Federal Reserve”), through the Federal Reserve Bank of New York… Read More
Federal Reserve Releases Updated FAQs for Municipal Liquidity Facility
The Board of Governors of the Federal Reserve System (the “Federal Reserve”), through the Federal Reserve Bank of New York… Read More
Voluntary Disclosures in the Age of COVID-19 – SEC Guidance for Municipal Issuers
On May 4, 2020, the Chairman of the Securities and Exchange Commission (“SEC”) and the Director of the SEC’s Office… Read More
Federal Reserve Releases Updated Guidance on Municipal Liquidity Facility
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) established an emergency lending program for state and local… Read More
