Finance

S&P dropped the the nation's second-most-populous county — one of many Illinois governments struggling with retirement plan funding — to A-plus from AA-minus.

Attendees at The Bond Buyer’s Deal of the Year ceremony look ahead to the new year and discuss what they feel will be the biggest stories of 2020.

Attendees at The Bond Buyer’s Deal of the Year ceremony talk about what issues they think had the biggest impact in municipal finance last year.

Demand for municipal bonds is much stronger in 2020 than it was to end 2019, illustrated by record inflows into the asset class in the latest reporting week.

The former FTN Financial increased its underwriting numbers in 2019 and parent First Horizon National merged with Iberiabank of Louisiana, adding more heft.

The muni market saw the last issuance of the week come and go; the front end of the curve were stronger than the long-end.

Huntington Beach approved a resolution to refinance up to $436 million of public employee pension debt with pension obligation bonds.

The Financial Industry Regulatory Authority released its annual Risk Monitoring and Examinations Priorities letter Thursday.

It's been a few weeks since the market has seen "normal" issuance, but investor demand picked up right where it left off before the holidays.

The Palmyra-Eagle Area School District says it will run out of operating funds in the next school year.

The Financial Accounting Foundation abandoned its tradition of selecting a state auditor to chair the Governmental Accounting Standards Board.

Four large competitive deals stole the show on Tuesday, including New Jersey's first general obligation sale in a little more than three years.

Bill Carabasi has 37 years of sales and trading experience in the fixed income and municipal bond markets.

California's I-Bank will be the conduit on the second set of bonds to finance construction of the Academy Museum of Motion Pictures.

The municipal bond market started off the week adopting a cautious tone, eyeing issuance and world events.

Municipal bond buyers have plenty of cash in hand and will have various options as to where to put that money to work.

The New Jersey city received a Moody's Investors Service upgrade to Ba3 from B2 as it enters year four of a five-year state takeover period.

After what one analyst called the muni market's "most eventful" decade, investors are expected to be greeted by continued heavy volume in 2020.

The Lincoln-Way high school district won a Moody's upgrade to Baa2 ahead of a $23 million refinancing deal.

Municipals look to be well positioned entering 2020 against a strong backdrop of market technicals and stable credit outlook.