Headlines for March 21, 2017
Beset by a slumbering energy economy, Oklahoma City is counting on its top bond ratings to attract investors to $90 million of general obligation paper it is selling competitively.
The New Jersey Educational Facilities Authority achieved record bond volume in 2016, the higher education conduit issuer announced Friday.
George Friedlander explains why the Joint Committee on Taxation has it all wrong on munis.
Minnesota Gov. Mark Dayton announced a supplemental budget that adds about $150 million in new spending – including $100 million for early childhood education -- to his proposed $46 billion two-year budget.
The Southeastern Pennsylvania Transportation Authority is proposing its first fare hike since 2013.
Marengo, Illinois took a two-notch rating hit and faces the prospect of another over its pension strains.
Legislation before the South Carolina Legislature that proposes new pension reforms are positive for near-term funding needs, but S&P analysts believe they may be insufficient over the long term.
Cleveland-based MetroHealth wants to persuade Cuyahoga County to allow it to substitute a liquidity agreement for a debt service reserve fund on forthcoming bond deals.
Detroit’s plan to create a fund to address a pension hole left behind after its historic bankruptcy got a thumbs up from Moody’s Investors Service.
The National Federation of Municipal Analysts’ final best practices on charter school disclosures suggests schools can use links to websites for certain information.
The House subcommittee hearing on the soon-to-expire PREPA restructuring support agreement aims to gather information about the status of ongoing negotiations between Puerto Rico and PREPA creditors.
Why 3 of 4 rating agencies use A.I. and what it does.
Top-rated municipal bonds ended stronger on Monday, according to traders, as primary action kicked off with the retail pricing of the week’s largest deal.
GovernmentSecurities Prices 10-year: 98 2/32 to yield 2.47%, up 9/3230-year: 98 12/32 to yield 3.08%, up 20/32 Municipal BondIndex 122 20/32 up 7/32 The Bond Buyer's30-Day VisibleSupply (as of 3/21) Total: $9.994 billion, down $75.5 millionCompetitive: $3.952 billion, down $89.4 millionNegotiated: $6.042 billion, up $13.9 million The MuniCenter List (as of 3/17) Offering total: $13.939 billion, down $380.2 million