Events
Prev MonthPrev Month Next MonthNext Month
NFMA Advanced Webinar - Hot Credit Topic: State of Illinois
Thursday, February 18, 2021, 1:00 PM - 2:00 PM EDT
Category: Events

2020 was a wild ride for Illinois bondholders, as spreads on state bonds widened dramatically with the onset of the pandemic before rallying with more than a little help from the Federal Reserve’s liquidity facility.  The state managed to cling to its investment grade rating, despite the high-profile failure of Governor Pritzker’s “Fair Tax” proposal.  As 2021 began, Illinois elected a new House Speaker for the first time since the 1980s.   What’s next?  Can significant new revenues pass the legislature?  Will a court challenge over some of Illinois GO bonds be finally resolved?  Are recent strong revenues a sign of things to come?  Is the Wall Street Journal editorial page correct that everyone is leaving the state?   Most importantly, are investors being paid enough to take risk to the state? 

Moderator:  Molly Shellhorn, Senior Research Analyst, Nuveen; 

Speakers:  Yvette Shields, Reporter, The Bond Buyer; Duwayne Walker, Senior Investment Analyst, Federated Hermes; Matt Norton, Co-Head of Portfolio Management—Municipals, AllianceBernstein, L.P

To register, click here: NFMA Advanced Webinar - Hot Credit Topic: State of Illinois

Complimentary registration is a benefit of NFMA membership. Non-members may register for $100.


Contact: Lisa Good, [email protected]