Entries by admin

LaSalle-Peru Township High School District #120

The LaSalle-Peru Township High School District #120, which encompasses parts of LaSalle and Bureau Counties in Illinois, successfully issued $9,760,000 General Obligation School Building Bonds, Series 2016 on December 28, 2016 and $26,195,000 General Obligation School Building Bonds, Series 2017 on February 21, 2017.  The Bonds were approved by the voters of the District at […]

Nokomis, Illinois

The Nokomis Community Unit School District #22 which encompasses parts of Montgomery, Christian and Fayette Counties in Illinois, successfully issued $4,950,000 General Obligation School Bonds, Series 2016 on June 23, 2016.  The bonds were issued for the purpose of financing multiple District facility improvements.  The improvements include roof repairs, HVAC repairs and improvements, plumbing upgrades […]

MSRB Launches Outreach Effort for Issuers on the Municipal Securities Market

One  of the core values as stated in the “Mission and Values” Statement of Bernardi Securities, Inc. is our commitment to continually educate our clients and keep them abreast of new developments in the municipal bond market.  Therefore, we thought the following information may be useful to you. As many of you know, certain contractual agreements […]

Muni Bonds Continue to Provide Stability in an Uncertain Market

By Matthew P. Bernardi According to the ICI Institute, municipal bond fund inflows amounted to $857 million for data ending February 24th.[1] This is now twenty-one straight weeks of inflows into municipal bond funds and we are on pace to see the highest annual inflows since 2012. Our firm’s separate account platform is experiencing a […]

Market Review – Winter 2015

Market Update: As many market participants anticipated, on Wednesday, December 16th the Federal Reserve announced its first rate hike since 2006 increasing the fed funds rate to a range of 0.25% – 0.50%. Despite the news, municipal bond yields decreased during the fourth quarter with AAA 5-year, 10-year, and 20-year yields falling 2, 11, and […]