Finance

Connecticut Gov. Dannel Malloy is developing a plan to operate state government should a budget not materialize.

Top-rated municipals bonds were mixed at mid-session, traders said, as several big deals from California issuers were closing out the week’s new issue slate.

Most Alaska bonds will still be paid in the event of a government shutdown, its debt manager said.

UBS Wealth Management announced its newest addition to its growing public finance business, as Angela Schmidt will come aboard after 19 years at JP Morgan.

Municipal bond traders are waiting for the last of the large deals to price on Thursday as the second busiest week of the year heads to a close.

The long-awaited American Dream bond deal for the megamall project in the New Jersey Meadowlands came to market on Wednesday. Municipas finished unchanged, according to traders.

The long-awaited bond deal for the American Dream mall project in New Jersey came to market on Wednesday and the New York City Transitional Finance Authority’s offering was priced for institutional investors. In secondary activity, municipal bonds were unchanged at mid-session.

Municipal bond traders are girding for more volume on Wednesday, with the institutional pricing of the New York City Transitional Finance Authority deal leading the pack.

Municipal bonds ended steady on Tuesday as billions of dollars in new supply hit traders' screens, led by competitive bond deals from the states of Georgia and Massachusetts and Chicago's O'Hare airport.

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.