Kansas Municipal News

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McPherson receives update from BPU regarding gas prices

February 24, 2021News

Tim Meier with BPU provided commissioners with an update on gas prices, production and the cold snap during Monday’s city commission meeting. Meier advised that, beginning on Feb. 9, BPU became curtailed on their production and had to begin receiving…

Muni yields climb 30-plus basis points in weeklong sell-off

February 24, 2021News

Triple-A municipal benchmarks saw another seven basis point cut in yields on bonds outside of 10 years on Wednesday, pushing municipal to U.S. Treasury ratios higher amid sloppy trading and cheaper pricing levels on high-grade competitive deals. Municipal bonds could…

Hays energy company protects customers from skyrocketing bills

February 24, 2021News

The recent arctic blast led to skyrocketing energy demands across the midwest and now many customers are fearing skyrocketing bills.  Midwest Energy, Inc. is a company that provides gas and electric services to a large portion of western Kansas. Following…

Municipal Bond Trends for February 23, 2021

February 24, 2021News

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.

New casino in Park City opens for business next week

February 24, 2021News

The new Crosswinds Casino in Park City will open at 7 p.m. Tuesday, March 2, according to a news release from Wyandotte Nation. The casino will be 20,000 square feet and is located at 777 N Jackpot Way. The casino…

Municipal yields rose for the sixth day in a row

February 24, 2021News

Municipal yields rose for the sixth day in a row Tuesday, pushing the 10-year above 1%, a level not seen since May 2020. High-grade deals priced and secondary trading showed bonds exchanging hands at yields higher than triple-A benchmarks in…

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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.