Finance

The median net pension liability in the nation’s 15 largest cities jumped 16% on a per capita basis in fiscal 2017, S&P Global Ratings said Wednesday.

His two-decade career as a California elected official has given him a reputation as a fiscal policy expert.

Municipal bond buyers saw over $2 billion of deals from New York and California come to market on Thursday.

The big New York City and California deals are dominating investors’ attention this week as municipals turned weaker.

Moody's dropped Mount Pleasant one notch to Aa3 over risks tied to the $10 billion project.

S&P Global Ratings raised Stockton Public Finance Authority lease-revenue bonds to BB from B-minus.

The New York City Transitional Finance Authority and the New York Metropolitan Transportation Authority were in the market on Wednesday.

Retail investors lined up to get first crack at the New York City Transitional Finance Authority deal.

Moody's boosted the revenue bond rating of the Las Vegas Convention and Visitors Authority to Aa3.

The New York City Transitional Finance Authority began the first of a two-day order period geared toward retail investors.

The week’s $3.6 billion new issue calendar will be dominated by New York City and California.

Monthly new-issue volume surpassed the $30 billion mark for the fourth time this year in August, helping keep third-quarter issuance close to last year's pace and potentially setting the stage for a more robust season of issuance in the Fall.

As cities continue to build upon their fiscally stable condition, a Michigan Senate bill was introduced that could hamper the continued growth and force residents – all taxpayers – to pay more for daily services and infrastructure, while limiting the ability of municipalities to finance vital capital infrastructure including roads, bridges, schools and more.

Municipal bond buyers will see $3.6 billion of volume hit the screens during the upcoming holiday-shortened trading week.

Cleveland Hopkins is planning to issue $90.3 million of series 2018 A refunding bonds and $21 million of series 2018B bonds.

Municipal bonds showed strength on Thursday as market participants look ahead to next week.

Moody's Investors Service took the Nevada city up to Baa1.

The Florida Development Finance Corp. will issue $1.75 billion of bonds for the privately owned passenger train project.

Municipal bond market participants were wrapping up the last of the week’s primary supply and looking ahead to next week’s holiday-shortened trading week.

Two deals from state issuers came to market on Wednesday as municipal bond buyers were treated to much needed volume.