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Bonds

A collection of news and information related to Bonds published by this site and its partners.

Top Bonds Articles see all

Displaying items 1-5
  • Manoukian details portfolio changes for Glendale

    Glendale’s portfolio continues to slide, but City Treasurer Rafi Manoukian forecast an uptick in interest rates around the corner, which bodes well for Glendale’s investment opportunities.
  • Bob Hope gets credit rating warning

    Bob Hope gets credit rating warning
    Bob Hope Airport received a warning this week that its credit rating is likely to suffer if it issues bonds to cover most of the construction costs for its proposed $120-million transit center. On Tuesday, Fitch Ratings put out a “negative watch&...

    City's portfolio shortchanged by low interest, weak economy

    At the beginning of the fiscal year, City Treasurer Ron Borucki had questioned the market’s ability to recover, but was hopeful that despite two-year lows, interest rates would rise. His hopes didn’t last long. “Would this third year...

    City's portfolio value down $2 million

    Glendale’s investment portfolio ended the second fiscal quarter at $396 million, down $2 million from the end of the previous quarter, according to the latest report. The portfolio’s slip is driven by historically low interest rates, which...

    Water rates may trickle upward

    Trying to strike a balance between the desires of bondholders and water users, Glendale officials on Monday proposed gradually increased rates over the next five years to keep the city-owned utility in the black. “We have to come up with something...