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The state still needs revenues and cuts to balance its spending plan.
July 21 -
Top shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to next week’s smaller-than-average new issue calendar, which Ipreo estimates at $4.24 billion.
July 21 -
Municipal bond traders on Friday are already looking ahead to next week’s smaller-than-average new issue calendar, which will be topped by New York City’s big general obligation bond sale.
July 21 -
Moody's says the legislation will be credit positive for school districts and the state.
July 20 -
Top-rated municipal bonds ended stronger on Thursday, traders said, as investors snapped up debt from the Tar Heel state.
July 20 -
The affirmation at Baa3 removed the threat Moody's would send Illinois to junk.
July 20 -
The rating agency cited state budget volatility that affects local government aid.
July 20 -
Top-rated municipal bonds were stronger at midday, traders said, as North Carolina competitively sold more than $550 million of bonds.
July 20 -
Bingham's 35-year muni career includes US Bancorp, Société Générale and Wachovia.
July 20 -
Municipal bond traders will be seeing the last of this week’s larger deals come to market on Thursday, with North Carolina competitively selling more than $550 million of bonds in a single offering.
July 20 -
Top-quality municipal bonds ended stronger on Wednesday, according to traders, as deals from Virginia and Georgia issuers hit the market.
July 19 -
The lockbox provision could allow issuers to borrow at higher ratings, but may punish existing bondholders.
July 19 -
The concerns have arisen in the weeks following a round of budget negotiations that was particularly tough for several states.
July 19 -
Top-quality municipal bonds were stronger at mid-session, as deals from Virginia and Georgia issuers hit the market on Wednesday.
July 19 -
Municipal bond traders will be seeing more deals come their way on Wednesday with competitive sales from a Virginia issuer and a negotiated deal from Georgia.
July 19 -
Top-rated municipal bonds finished stronger on Tuesday as the competitive arena heated up with the Dormitory Authority of the State of New York’s offering of four bond sales totaling almost $1.5 billion.
July 18 -
The Chicago-based investment banking firm said Tuesday it will drop its municipal sales, trading, and underwriting business.
July 18 -
Top-rated municipal bonds were stronger at mid-session, according to traders, as the competitive arena heated up with the Dormitory Authority of the State of New York’s offering four bond sales totaling almost $1.5 billion while the state of New Mexico brought two sales totaling over $380 million.
July 18 -
S&P dropped Alaska to AA amid dwindling budget reserves.
July 18 -
A decreased reliance on bonds to finance capital investments has created a need for more municipal market research tools, experts said.
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