Entries by DWilson

New Central Illinois Office

We are pleased to announce the opening of our new Public Finance Office in Peru, Illinois to better serve our central Illinois clients:  BERNARDI SECURITIES, INC.1125 PEORIA STREET | PERU, ILLINOIS 61354(815) 587-8970 We now have Public Finance offices in the southern, central and northern regions of the State of Illinois: Our Illinois Public Finance […]

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Wicomico County, Maryland

Wicomico County, Maryland successfully issued $1.605 Million of Series 2014B Taxable General Obligation Public Improvement Bonds. The bonds are rated Aa2 by Moody’s and AA+ by Standard & Poor’s. The Bonds are being issued for the purpose of financing the A.W. Perdue Stadium restoration/modernization project, funding a contingency, and paying the costs of issuance.  The […]

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2014 Mid-Year Municipal Market Update

Since June of last year the economy has added almost 2.5 million jobs and the unemployment rate has fallen from 7.50% to 6.08%. Nonfarm payrolls have surpassed pre-crisis levels and PCE inflation readings — although subdued — have increased from 1.16% to 1.48%[1].  Many economists maintain a positive employment outlook as well, calling for the […]

Ronald Bernardi and Mayor Steve Benjamin speak on Capitol Hill

On Wednesday, July 2nd, Ronald P. Bernardi, joined by Mayor Steve Benjamin, (Columbia, South Carolina) and Kevin Burke, (President and CEO, Airports Council International – North American) spoke at the Municipal Bonds for America Coalition’s panel discussion on Capitol Hill. The three panelists explained the importance of maintaining the tax-exempt status of municipal bonds in […]

An Overflow Crowd Attends the Muni Bonds 101 Seminar

On July 2, 2014, the MBFA Coalition held a “Municipal Bonds 101” seminar on Capitol Hill for congressional staff and interested parties focusing on the importance of preserving the present-law treatment of tax-exempt municipal bonds.  The seminar featured a distinguished panel of municipal finance experts from varying backgrounds who explained the benefits of the traditional […]

Municipal Bonds 101 – July 2nd on Capitol Hill

Good afternoon, I am pleased to be here today with you, Kevin and Mayor Benjamin and have a conversation about the importance of municipal bonds to your constituents. Your have heard from Mayor Benjamin how important municipal bonds are to the citizens of Columbia; Kevin has explained how critical tax- free municipal bond financing is […]

Bernardi Securities Sponsors Youth Soccer Tournament: Highland Park News

Bernardi Securities was mentioned in a 6/25/14 article in the Highland Park News regarding a Youth Soccer Tournament.  “The Highland Park Sister Cities Foundation is hosting a Youth Soccer Tournament over the Fourth of July weekend that will include a team of 12-year-old players from Puerto Vallarta, Mexico, one the community’s kindred cities.  The Puerto […]

Ronald Bernardi Speaking on Capitol Hill 7/2

On Wednesday, July 2nd, Ronald P. Bernardi will be speaking at the Municipal Bonds for America Coalition’s “Municipal Bonds 101” panel discussion on Capitol Hill regarding the municipal bond tax exemption repeal threat. Accompanying Ronald on the panel will be Mayor Steve Benjamin, Columbia, South Carolina and Kevin Burke, President and CEO, Airports Council International […]

Bernardi Study Highlights “Illinois Effect” on Local Municipal Bonds

Yield Penalties & Investment Opportunities Analyzed CHICAGO, June 12, 2014 – Bernardi Securities, Inc. published a paper titled the “Illinois Effect” on Local Municipal Bonds. The analysis explores the increased borrowing cost paid by a municipality with solid credit metrics located in Illinois and the investment opportunities created by these bond market inefficiencies. “Illinois’ fiscal […]