Finance

The House and Senate actions place the ball in the court of Gov. Dannel Malloy, who was sidelined during the negotiations.

The municipal bond market on Thursday is eyeing yields as the last of the week’s larger deals are slated to sell, with two big competitive offerings on tap.

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.

Municipal bonds finished weaker on Wednesday as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of the year.

The firm added three veterans to its debt capital markets group to expand its capabilities.

The city's general obligation rating fell to A2 from A1 in the wake of Hurricane Harvey.

Municipal bonds were weaker at mid-session as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of 2017.

Municipal bonds were weaker as Illinois came to market with $4.5 billion of general obligation bonds, the biggest deal of the year so far.

The state Senate could bring the spending plan up for a vote that could help end a nearly five-month impasse.

Municipal bond traders will be watching what kind of reception Illinois's $4.5 billion general obligation deal, the biggest of the year so far, gets on Wednesday.

The program heads to the Financial Review Commission and the Michigan Finance Authority for approval.

Municipal bonds finished weaker on Tuesday as deals from Florida and New York priced ahead of Illinois' $4.5 billion sale slated for Wednesday.

Comptroller Susana Mendoza wants lawmakers to override Gov. Bruce Rauner’s veto of the Debt Transparency Act.

Municipal bonds were mixed at midday as several large deals hit the screens on Tuesday.

The petition calls the $1.25 billion budget-balancing move unconstitutional.

Action revs up on Tuesday in the municipal bond market as several large deals get set to hit the screens while traders eye yields ahead of the big Illinois sale on Wednesday.

Analysts will increasingly factor a government's preparation for the impact of global warming, according to S&P Global Ratings.

Municipal bonds held in to finish little changed on Monday as the market eyed this week’s new issue calendar, topped up by the return of Illinois with a multi-billion dollar bond offering.

Treasurer Denise Nappier called for sound bond-cap provisions, full funding of ARCs and adherence to a 2008 pension bond covenant.

Municipal bonds were steady at mid-session as the market eyes a chunky new issue calendar, topped up by the return of Illinois with a multi-billion dollar bond offering on Wednesday.