Finance

San Francisco's largest-ever COP sale funds an expansion of the city's convention center.

The municipal bond market saw billions in new supply hit the screens on Tuesday, led by big competitive bond deals from the states of Georgia and Massachusetts and a competitive note sale from a New York issuer. Municipal bond prices were steady in quiet trading at mid-session.

S&P Global Ratings has placed its AA-plus general obligation (GO) rating, AA appropriation rating, and A-plus moral obligation rating on the state of Alaska's debt on CreditWatch with negative implications.

The Chicago Public Schools paid a punishing yield on short-term state grant anticipation notes.

Unfunded liabilities will still pester Pennsylvania, Moody's says

Municipal bond traders are getting ready to see lots of new deals hit the market on Tuesday, with several large competitive sales coming from issuers in Georgia and Massachusetts.

Municipal bonds finished unchanged on Monday as a big New York City deal was offered to retail buyers.

New York’s MTA plans to come to market next week with a competitive $700 million BAN sale.

Illinois’ credit distress makes some investors wonder about New Jersey, according to Citi analysts who see Garden State opportunity.

Utah will competitively price $150 million of GO bonds with across the board triple-A ratings.

The equilibrium real interest rate is just above zero, Federal Reserve Bank of San Francisco researchers wrote in an Economic Letter released Monday.

Municipal bonds were unchanged at mid-session as traders gear up for this week’s above average slate of new issues.

Municipal bonds were unchanged in early activity as the the market gets set to see an above average slate of issues hit the screens this week.

The primary market is set to heat up next week, as buyers will be chomping at the bit for what is expected to be the second highest volume total of the year.

A feud over tax relief between Minnesota Gov. Mark Dayton and the GOP may hurt a bond rating.

Municipal bonds were unchanged at midday ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

Pennsylvania's new pension legislation does nothing to solve its budget deficit.

Municipal bonds were unchanged in early activity ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

A special session of the Illinois General Assembly will begin June 21.