The Latest

• Philadelphia schools settle tax dispute with IRS over "erroneous" bond redemption

  

  Bank of New York Mellon Trust Company erroneously redeemed Philly school bonds

  Tax code Brian Tumulty July 27

  Tax code Brian Tumulty July 27

• Illinois RTA readies refunding post state budget passage

  

  The RTA is facing state funding cuts but the new Illinois budget at least provides more funding certainty.

  Primary bond market Yvette Shields July 27

  Primary bond market Yvette Shields July 27

• Web Seminar New developments in higher education finance

  As colleges and universities become more entrepreneurial and embrace a wider range of financing options, including in particular more taxable debt, it is useful to compare and contrast the financing options that have developed.

  Bond funds

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• Bond Buyer indexes mixed in period ended July 27

  

  The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell three basis points to 4.02% from the previous week's 4.05%.

  Bond Buyer indexes Aaron Weitzman July 27

  Bond Buyer indexes Aaron Weitzman July 27

• Kansas Gov. Brownback to join Trump administration

  

  Kansas Gov. Sam Brownback is expected to join President Trump's Administration as ambassador for religious freedom.

  Bonds July 27

  Bonds July 27

• Senate committee appropriators revive TIGER, raise airport’s PFC cap limit

  

  Senate Appropriations Committee approves fiscal 2018 transportation spending bill that restores Trump’s cuts.

  Infrastructure Jim Watts July 27

  Infrastructure Jim Watts July 27

• Munis weaken as deals dwindle

  

  Top-rated municipal bonds ended weaker on Thursday, traders said, as primary offerings dwindled down to a few last big deals.

  Primary bond market Chip Barnett July 27

  Primary bond market Chip Barnett July 27