City of Linz v Bawag case underlines risks in municipal derivatives
Dealers in Italy run risk of “unpredictable legal conflicts”, warn lawyers at Norton Rose
US law firm proposed relief to Tob programme, and won mandate to develop rule change
Swiss bank charged with undermining the competitive bid process of municipal securities
The state we're in
Lockyer warns California may miss budget revenue targets
Harrisburg woes spark fears of muni crisis
Making the right call
Cornered on collateral
Dodd-Frank rules take aim at brokers pushing rate swaps for bigger commissions
Politicians have recently expressed alarm at a cross-currency swap conducted between Greece and Goldman Sachs in 2001, which allowed the sovereign to reduce the debt it reported in its public accounts. But other examples now coming to light show the apparent...
A year on from the collapse of the auction rate securities market, short-term variable-rate financing in the US remains scarce. In 2009, municipal issuers face surging costs and low interest rates most can't access. By Peter Madigan
Finland-based public sector credit institution Municipality Finance has launched a Finnish inflation-linked bond.