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Citing lingering questions about the bank's policies on financing of firearms manufacturers, the Bond Commission chose Wells Fargo for the refinancing deal.

Month over month, the municipal market is in a much better position, as heavy demand and flows continue to drive it.

Climate change can magnify existing state and local credit issues.

The state will take a fresh dose of good rating news into the market when it competitively sells $400 million to fund pension buyouts and capital expenditures.

The state has an estimated $31 billion budget surplus to work with as the governor preps this fall for his January budget reveal, the Legislative Analyst’s Office said.

The U.S. DOT wants to make applying for grants in the $1.1 trillion infrastructure bill as easy as possible. More than 40 new programs will be created under the new law.

The Municipal Securities Rulemaking Board’s new report on the use of internal and external liquidity in the municipal bond market shows that for transactions under $100,000 external liquidity has steadily increased since 2011.

The debt-averse state's long-term management of its finances and recent growth earned it a triple-A rating from Fitch.

The board says the judge's ruling on the issue will determine whether it withdraws the Plan of Adjustment.

Citigroup won a municipal bond deal in Texas, marking a potential re-entry into the state despite a law targeting Wall Street banks for their gun policies.