Finance

Voters' decision to dissolve the Dallas County Schools transportation agency is positive for holders of the agency's junk-rated bonds but negative for noteholders, according to Moody's Investors Service.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

The repayment of $80 million in lease-backed debt remains entangled in the standoff.

Budget secretary Benjamin Barnes' latest revenue estimate comes two weeks after lawmakers passed a $41.3 billion biennial spending plan.

Houston's outlook from Moody's Investors Service was boosted to stable from negative.

Chicago officials want to highlight the distinctions between the highly rated new securitization and the city's general obligation bonds.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

New York and Illinois deals top Tuesday’s new issue slate as municipal bond traders get ready to gobble up some deals in the primary.

Developments on the tax reform front were not far from municipal bond traders' minds as they saw the first of the week’s new issues hit the screens on Monday.

Estimated total bond volume for the week is $9.897 billion, which consists of $6.644 billion of negotiated deals and $3.253 billion of competitive sales.

Municipal bond traders will see a chunky new issue calendar this week as the market’s focus will be on Washington, where Congress will continue to work on tax reform legislation.

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.

The par value of bonds guaranteed by BAM rose 3.4% from the third quarter last year, even as overall market new-issue volume fell 16%.

The GO bonds for climate change and housing will boost the economy, Moody’s says.

The loss of Southwest means enplanement costs go up, reducing its competitive advantage over nearby Detroit.

Chicago's Board of Education is pricing more than $900 million, citing positive rating actions and a better balance sheet.

Municipal bonds were markedly weaker at midday as market participants remain fixated on the newly released Senate tax reform proposal and how it compares with the House version.

Municipal bond market participants are scanning the news closely for details of tax reform provisions that affect them.

Growing pension costs cost the city a rating notch.

The mill will recycle waste paper and corrugated containers.