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.
The municipal market rallied significantly Tuesday as participants placed bets that a stimulus package from Washington was coming closer to being reality and news that the Federal Reserve may be given authority to buy longer-dated municipal debt made its way around the Street.
The short end in particular was rebounding from the extraordinary sell off of the past two weeks after the Fed yesterday announced it would include variable rate demand obligations as well as short-term paper to its balance sheets.
While there was still no definitive answer from Washington on what the stimulus package might fully entail and whether the Fed would buy longer-term munis even if given that authority, the market was baking it into secondary trading on Tuesday.
(Read more: The Latest)
While there were no new confirmed cases of COVID-19 in Reno County on Tuesday, county leaders called on residents to be even more vigilant in staying home and away from public places to avoid having to impose formal restrictions on movement.
The county’s number of confirmed cases of COVID-19 remained at two, despite results from 22 tests coming back from state labs overnight.
(Read more: Local – The Hutchinson News)
Local officials are urging people not to panic as Sedgwick County enters the hunker-down phase of the coronavirus pandemic.
The county’s health officer signed a stay-at-home order Tuesday to fight the spread of the coronavirus disease COVID-19. Sedgwick County joins nearly half of the United States population in being urged to stay home.
“There’s no need to panic; there’s a need to be careful right now,” Sedgwick County Manager Tom Stolz said.
(Read more: Local News |)
Kansas Attorney General Derek Schmidt today provided law enforcement agencies and county prosecutors statewide with legal guidance to assist in performing their duties while emergency declarations related to the COVID-19 pandemic are in effect.
The guidance, in the form of a memorandum, has been produced by the Attorney General’s Office in response to questions from law enforcement agencies and officials about their duties and authorities arising from emergency orders issued by federal, state and local officials. The memorandum explains the legal framework of the different emergency authorities and describes how they may interact. In particular, it provides guidance for law enforcement agencies on their role in enforcing emergency orders from the federal government, the governor, local mayors or county commissions, and state and local health departments. In some local jurisdictions, as many as six separate emergency authorities may have been invoked and be in effect concurrently.
A copy of the attorney general’s memorandum for law enforcement and prosecutors is available at https://bit.ly/2WEkbIQ.
(Read more: Kansas Attorney General News Releases)
The Saline County Board of Commissioners approved a temporary policy for county employees affected by the coronavirus. The policy that was voted on at the board’s 9 a.m. Tuesday meeting allows 80 hours of advanced leave by the county to county employees who have depleted their paid leave or have not earned leave because they are new employees. Marilyn Leamer, human resources director for the county said this would provide relief to employees who are quarantined …
(Read more: News – Salina Journal)
Labette County commissioners met in special session Monday afternoon to hear updates on the county’s response to the COVID-19 pandemic.
Commission Chairman Lonie Addis was in the commission room in the county courthouse and Commissioners Doug Allen and Fred Vail attended via phone.
So far, Labette County has no confirmed cases of the disease caused by the coronavirus.
(Read more: Parsons Sun)
A Shawnee County stay-at-home order will require everyone to remain home except to meet essential needs, such as getting food, caring for a relative or friend, receiving necessary health care, working at an essential job or engaging alone in outdoor activity, such as walking or running.
(Read more: Local – The Topeka Capital-Journal)
Franklin County Health Officer Dr. Bud Ransom issued a stay at home order Tuesday for the county in an effort to slow the spread of COVID-19.
All non-essential businesses should be closed effective at 12:01 a.m. March 26. This order will last for 30 days….
The health department said everyone should stay at home except for essential duties for business continuity or government functions, to get food, care for a relative or friend, get necessary healthcare or perform activities related to maintaining a healthy lifestyle.
(Read more: KSNT News)
Saline County still has no confirmed positive cases of COVID-19, according to a news release from the county at 5 p.m. Tuesday.
The release said, however, that no positive cases reported does not mean that there isn’t a potential for a positive case to exist in the community. It is possible that a person hasn’t met the requirements for testing set by the Kansas Department of Health and Environment and has been advised by a medical provider to self-quarantine.
(Read more: News – Salina Journal)
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