Finance

Illinois' school aid logjam may hurt the ratings of some vulnerable districts in the coming months, Moody's said.

Top-rated municipal bonds were steady at mid-session, traders said, as the last big deals of the week were heading to market.

Municipal bond traders will see the last big deals of the week come to market on Thursday, led off by sales from issuers in Colorado and Illinois.

Municipal bonds ended mixed on Wednesday, according to traders, as the gilt-edged state of Maryland came to market with competitive sales won by Bank of America Merrill Lynch and Citigroup.

Fitch Ratings said it has downgraded the ratings of the United States Virgin Islands and the USVI Public Finance Authority.

Municipal bonds were weaker at midday, according to traders, as the gilt-edged state of Maryland came to market with two competitive sales won by BAML and Citi.

The channels to communicate with investors – things like investor websites - make it easy and cost effective even for small bond issuers to do so effectively.

Municipal bond traders are set to see the state of Maryland come to market with two top-quality competitive sales on Wednesday.

Top-rated municipal bonds finished weaker on Tuesday, according to traders, as several big competitive deals sold in the primary market, led by a high-quality offering from Mecklenburg County, N.C.

Hazelden Betty Ford Foundation was dropped from the single A category by Moody’s Investors Service.

Chicago can't shake pension strains, CPS mess, and state dysfunction as it shows off economic and fiscal strides.

State-backed bonds will replace PABs that were headed for default as Indiana takes over a road project that's become a poster child for P3 woes.

Moody’s projects more utility privatizations as local issuers look to cope with financial distress and sidestep maintenance and compliance costs.

Top-rated municipal bonds were weaker at mid-session, according to traders, as several big competitive deals sold in the primary market.

Bitvore Corp. added features to its artificial intelligence-powered early warning system that continuously monitors material changes affecting risk across the municipal market.

Municipal bond market traders on Tuesday are set to see the start of this week’s supply hit the screens as several large competitive offerings are slated to sell.

State officials say they are prepared for increased pressure on its $10 billion general fund.

Top-quality municipal bonds ended mixed on Monday, according to traders, as the market prepared for this week’s $6.7 billion new issue calendar.

Build America Mutual, after surviving a credit watch with its double-A rating intact, posted mixed results in the second quarter.

New Jersey’s Essex County neared the top of the bond rating charts 15 years after sitting in triple-B territory.