The U.S. Department of the Treasury's Bureau of the Fiscal Service (Treasury Department) announced on July 23, 2021, the suspension of sales of State and Local Government Series (SLGS) nonmarketable Treasury securities. The...more
The Treasury Department suspended sales of SLGS on March 1, 2019. The U.S. Department of the Treasury has announced that it will reopen the SLGS window effective August 5, 2019 at 12:00 Noon ET....more
The Bipartisan Budget Act of 2019 (the “Act”), which suspends the federal debt limit through July 31, 2021, was signed into law on August 2, 2019. As a result, the U.S. Department of the Treasury has announced that it will...more
The U.S. Department of the Treasury’s Bureau of the Fiscal Service (the “Treasury”) announced on February 22, 2019 the suspension of sales of State and Local Government Series (SLGS) nonmarketable Treasury securities,...more
The U.S. Department of the Treasury’s Bureau of the Fiscal Service (the “Treasury”) announced on February 9, 2018, that the Treasury is resuming the sale of State and Local Government Series (SLGS) nonmarketable Treasury...more
On December 6, 2017, the U.S. Department of the Treasury announced the suspension of sales of United States Treasury Obligations – State and Local Government Series (i.e., SLGS), effective 12:00 noon Eastern Time, Friday,...more
On March 8, 2017, the U.S. Department of the Treasury announced the suspension of sales of United States Treasury Obligations – State and Local Government Series (i.e., SLGS), effective 12:00 noon Eastern Time, March 15,...more
On October 26, 2015, the IRS released final regulations (the “Final Regulations”) regarding allocation and accounting rules for purposes of the private activity bond restrictions applicable to tax-exempt bonds issued by state...more