COVID and Municipal Bonds
The COVID-19 pandemic continues to pose both unprecedented public health and financial challenges for state governments. As state finance officials, debt managers and staff play a pivotal role in navigating states through this crisis.
Latest News
Policy Update
Mnuchin Signals End of Municipal Liquidity Facility
Today, Treasury Secretary Mnuchin sent a letter to Federal Reserve Chairman Powell requesting that unused Exchange Stabilization Fund (ESF) money from the CARES Act be returned to the U.S. Treasury...
Policy Update
Issuers Wanted to Apply for MSRB Board of Directors
The self-regulatory organization responsible for safeguarding the integrity of the municipal securities market is seeking applicants for four open positions on its Board of Directors for the 2022 fiscal year. The...
Policy Update
IRS Grants Extension of Telephonic TEFRA Hearings
The Internal Revenue Service (IRS) issued Revenue Procedure 2020-49 which extends temporary guidance surrounding public approval requirements related to the issuance of qualified private activity bonds (PABs). Earlier this year, the IRS...
About SDMN
The State Debt Management Network (SDMN) is the professional organization for the issuers and managers of state debt. Formed in 1991 as a network of the National Association of State Treasurers, SDMN has convened public officials from all branches of state government for nearly 30 years to share information on the issuance, management and oversight of state bonds and municipal securities.
