An Introduction to Our Outstanding Additional Advisory Services
Whether applying our own expertise to tricky problems or assisting clients who are either temporarily or perpetually short-staffed, we provide a wide array of tailored services to a range of institutions. Beyond the aforementioned “standard services” you might expect from a municipal advisor, we are often deeply integrated into our
Basis Points – Reinvest Market Update November 2023
In the past several weeks the market has seen large downward movements in both taxable and tax-exempt interest rates. Nevertheless, the treasury yield curve continues to remain inverted – particularly on the front end – and it continues to be a good time for issuers to benefit from reinvesting bond
Benefits of Positive Arbitrage
A significantly inverted treasury yield curve with elevated short-term rates continues to persist in the market. As a result, many issuers and conduit borrowers are finding the opportunity to earn positive arbitrage on their bond proceeds. The Tax Reform Act of 1986 established arbitrage restrictions and rebate requirements for tax-exempt
The Shield – Third Quarter Market Update
The third quarter of 2023 has seen significant market movements and much uncertainty around the United States’ economic outlook for 2024 as the Federal Reserve attempts to steady inflation. Absolute yields as well as credit spreads have widened meaningfully across the credit spectrum. Additionally, a recent selloff has pared back
Reinvest Market Update – Basis Points
The Federal Reserve held interest rates constant at this month’s FOMC meeting, yet we continue to see a significantly inverted treasury yield curve with elevated short-term rates. The one-year treasury rate has increased over 100 basis points in the past 6 months. As a result, issuers can benefit from reinvesting
Blue Rose Capital Advisors Annual Meeting 2023
Each year, the Blue Rose team convenes alongside our affiliate company, HedgeStar, for an in-person meeting to celebrate the achievements and milestones we’ve made throughout the year. This year, we traveled to Chicago, IL, where we enjoyed the accommodations and attended business meetings at the Union League Club of
The Shield – Final LIBOR Transition Update
LIBOR cessation occurred as scheduled on June 30th of this year and most variable instruments that historically referenced LIBOR should now reference a different index. Depending on your last reset period, your debt instruments could still be utilizing a LIBOR rate for your current interest accrual period, however, with interest
Basis Points – Market Update August 2023
Fitch Ratings downgraded the United States’ long-term debt from AAA to AA+ on August 1st. This is the first rating downgrade the United States has faced in over a decade since S&P downgraded its credit rating from AAA to AA+ in August 2011. Both Moody’s and Kroll continue to hold
The Shield – Rating Agency Update: New S&P Criteria and FY2022 Medians
As we’ve passed the mid-year point in 2023, rating agencies have published higher education sector updates and median data for fiscal year 2022. Their commentary along with the supporting data identifies trends observed across both public and private higher education. Additionally, S&P global ratings recently updated its higher ed rating
Locking In Short-Term Rates for Reinvestment of Bond Proceeds
The Federal Reserve raised interest rates again this week by 0.25%, bringing borrowing costs to their highest levels in over 22 years. While it’s possible that rates could be increased again in the next Fed meeting in September, the current market census (according to the Bloomberg Weighted Average Fed Target
Basis Points- SLGS Window Reopened
President Biden signed the Fiscal Responsibility Act of 2023 bill this weekend, suspending the debt limit through January 1, 2025. As a result, the sale of State and Local Government Securities (SLGS) resumed yesterday, June 5th, as of 12pm ET. As a reminder, whether or not the SLGS window is
The Shield: 2023 First Quarter Market Update
After a whirlwind 2022, many had hoped for calmer markets in the first quarter of 2023. While the overall performance of the market was positive, the first few months of the new year were anything but calm. We saw stubborn inflation, substantial interest rate movement, and the first significant banking
Basis Points – Special Announcement SLGS Window Closed This Week
The government took the “extraordinary measure” of suspending the selling of State and Local Government Securities (SLGS) effective on May 2, 2023 at 10:00a.m. ET. Learn more in our Basis Points article: ‘Special Announcement: SLGS Window Closed This Week’ Want to discuss further? Contact: Georgina Walleshauser, Vice President,
Our Additional Advisory Services include Investment Consulting Search Services
Our Additional Advisory Services include Investment Consulting Search Services! Our team can execute your RFP process, providing guidance throughout and ensuring your organization selects the best provider. Blue Rose is ready to assist your organization in vetting and selecting an investment consulting service provider for your endowment or
Wondering how else Blue Rose can assist your organization?
Wondering how else Blue Rose can assist your organization? Check out our Additional Advisory Services! Blue Rose offers our clients a range of other services outside our usual scope of debt advisory, derivatives advisory, and reinvestment advisory services. Some of our additional advisory services include consulting on public-private partnerships (“P3s”),
Basis Points – Reinvest Market Update
The Federal Reserve raised interest rates again last month by 0.25% and we continue to see a significantly inverted treasury yield curve. As a result, issuers can benefit from reinvesting bond proceeds and lock-in higher short-term investment rates. For tax-exempt borrowers who are coming to market with new money issuances,
What can Blue Rose offer when it comes to reinvestment services?
Blue Rose consistently produces economic benefits to our clients through the competitive bidding of qualified investments for bond funds and open market securities for escrows. We offer unparalleled knowledge, experience, and service delivery We help clients decide how to reinvest bond proceeds based on security, cash flow needs, accounting
Reinvestment advisory services – How can Blue Rose help?
Blue Rose Capital Advisors offers comprehensive reinvestment services that span debt defeasance or dissolution and advance refundings. We provide expert guidance for developing escrow strategies, restructuring funds, soliciting favorable proposals, and closing tax-exempt and taxable transactions. When reinvestment is on the table, Blue Rose helps our clients make the
Derivatives Advisory Services – LIBOR Transition
Wondering how Blue Rose can assist with your LIBOR transition? Check out our derivatives advisory services to learn more! Services: https://blueroseadvisors.com/derivatives-advisory Media Contact: Megan Roth, Marketing Manager 952-746-6056 [email protected]
Blue Rose – Derivatives Advisory
Derivatives Advisory? Blue Rose Capital Advisors provides the expert guidance and transparency required to execute derivative solutions. From interest rate swaps to other derivative products, we can deliver an innovative solution for almost any given debt scenario. In combination with the derivatives valuation, hedge accounting, and reporting services of our
Laura Klingelhutz joins Blue Rose Capital Advisors as Marketing Generalist Intern
We are pleased to announce that Laura Klingelhutz has joined the Blue Rose team as a Marketing Generalist Intern for the summer. Laura will be assisting our team with digital marketing efforts, marketing research and event planning. Please join us in welcoming Laura! Contact Laura today: Laura Klingelhutz,
Debt Advisory – What Can Blue Rose Offer?
Debt Advisory – Blue Rose can provide guidance through pre-financing, financing execution, and post-issuances services to support debt issuances by tax-exempt and taxable borrowers. We approach every transaction with the goal of reducing our clients’ overall financing costs. Our independence, expertise, and advocacy enable us to favorably impact their borrowing
The Shield: March 2023 LIBOR Update
LIBOR cessation is now just three months away (June 30, 2023), and most of the transition process appears to be going to plan. SOFR continues to be the primary index utilized for the transition of variable rate loans, especially in cases where a synthetic fixed rate structure exists. Some potential
The Shield – ESG-Labeled Bonds: Can They Deliver “Greenium?”
With the tremendous buzz around the political, social, and economic factors at play around ESG (“Environmental, Social, and Governance”) bonds and their evolving status, it can be daunting for muni bond issuers that may want to enter this niche of the capital markets. The municipal bond market is, in fact,
Basis Points: Benefits of a GIC in the Current Market
At Blue Rose, we’re seeing many issuers are evaluating the trade-off between risk and return associated with Guaranteed Investment Contracts (“GICs”) for the investment of bond proceeds. While both a repurchase agreement (“repo”) and GIC can offer the certainty of a fixed rate of return, capital preservation, and intended liquidity,
Julia Cain Joins Blue Rose Capital Advisors as an Analyst
Richa Sharma Joins Blue Rose Capital Advisors as an Analyst
Understanding Private Activity Bonds in the World of Municipal Bonds
In the Midst of Ongoing Market Volatility, Find Certainty with Fixed Rate Reinvestment
The Shield – Leveraging Debt for Campus Improvement
Interest Rate Swaps: An Effective Risk Management Tool
Looming Uncertainty for the Higher Education Sector at the Dawn of the Second Trump Administration
Series 50 and Series 54: The Path to Becoming a Municipal Advisor
Blue Rose Capital Advisors is Presenting at the “Leveraging Debt for Campus Improvement” Live Webinar
