Finance

Top-rated municipal bonds ended unchanged on Wednesday, according to traders, as primary action dwindled down to a last few deals for the week.

The state priced a pair of GO offerings, one sold through negotiation and the other competitively.

The Scott County School District obtained an underlying rating instead of relying on the state’s recently downgraded enhancement program.

Top-rated municipal bonds were unchanged at mid-session, according to traders, as primary action dwindled. Traders were eyeing yields, which have been trending lower.

The short-term fiscal impact of Hurricane Harvey on public entities in Texas and Louisiana will be mitigated by their financial flexibility and support from federal and state governments and private insurance policies, Fitch Ratings said.

The municipal bond market will remain quiet on Wednesday as primary action dwindles to a last few deals for the week. Traders will be eyeing yields, which have been slowly trending lower over the past month.

The exit from insurance will halt losses the health provider's losses, said Moody's Investors Service.

The lion’s share of this week’s issuance hit the screens, led by California’s general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond offering.

A state appeals court ordered Harvey, Illinois to levy a property tax to boost the nearly insolvent firefighters' fund.

Top-quality municipal bonds were stronger at mid-session as the market is seeing the lion’s share of issuance hit the screens, led by California’s $2.5 billion general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond offering.

The legislative deal ends a stalemate that had blocked funding for K-12 schools statewide.

The municipal bond market will see the lion’s share of issuance hit the screens on Tuesday, led by California’s $2.5 billion general obligation bond deal and the Greater Orlando Aviation Authority’s revenue bond sale.

Chicago's board of education approved a budget before a state vote on aid and with city funding uncertain.

Narrowing liquidity and elevated liabilities led to the one-notch downgrade and a negative outlook.

Top-rated municipal bonds finished unchanged on Monday, according to traders, as California’s $2.5 billion general obligation bond deal was priced for retail investors.

A full assessment of Hurricane Harvey's impact to municipal credits remains weeks away as Houston and southeast Texas continue battling high waters.

Top-rated municipal bonds were unchanged at mid-session, according to traders, as California’s $2.5 billion general obligation bond deal was priced for retail investors.

The municipal bond market is looking at a $6.87 billion new issue calendar this week, dominated by the state of California’s $2.5 billion general obligation bond deal.

Primary municipal bond market volume is expected to perk up to $6.9 billion in the coming week, more than one-third of it in a single deal from the Golden State.

St. Louis’ commitment to issue debt to help pay for renovations to the hockey arena is embroiled in lawsuits and has pitted the city against its elected comptroller, Darleen Green.