Finance

Municipal bond traders were wrapping up their business on Thursday ahead of the full market close for Good Friday. Trading will resume after the Easter weekend on Monday, April 17.

Municipal bonds finished mixed on Wednesday as the state of California competitively sold about $604 million of general obligation bonds.

Municipal bonds were stronger at midday as the state of California competitively sold $636 million of general obligation bonds on Wednesday.

Citing good management with "strong" financial policies and practices, a major agency recently reaffirmed the city's AAA bond rating, which lets Newburyport buy bonds at lower interest rates.

Citizens Property Insurance Corp. in Florida posted a $27 million loss in 2016 stemming from what it calls abusive “assignment of benefit” claims and litigation, which are being reviewed by the Legislature.

After a busy day Tuesday when billions of dollars of new issuance flooded the market, municipal bond traders are set for the last big issuance of the week.

Top-shelf municipal bond yields fell as much as four basis points as the market got a big dose of issuance, with negotiated and competitive offerings from issuers in New York, Washington, Ohio and Maryland.

Top-shelf municipal bonds yields fell as much as four basis points as the market got its first dose of issuance for the week, with negotiated and competitive offerings from issuers in New York, Washington, Ohio and Maryland.

Illinois' 2017 financial profile of schools shows gains at some schools, but warns of growing cash flow strains.

Federal Reserve Chair Janet Yellen said the U.S. central bank's task has shifted from a post-crisis exercise of healing the economy to one aimed at holding on to progress made.

The municipal bond market is ready to see negotiated and competitive offerings hit the screens on Tuesday from issuers in New York, Washington, Ohio and Maryland.

Katy ISD's bond process is officially underway.

Indiana conference committees will settle differences on a new budget and transportation spending.

Wells Fargo dropped to eighth place among municipal underwriters, hurt by last year's phony accounts scandal. Citi maintained its lead in the ranking.

New York traders on Monday were looking over the retail pricing of the big NYC Transitional Finance Authority negotiated deal. Muni finished unchanged in quiet trading as Passover kept price action muted.

Municipal bonds were unchanged in quiet trading at mid-session, according to traders, who were awaiting the first deals on the week’s $5.69 billion holiday calendar.

The municipal bond market is looking at a holiday-shortened trading week, with most of the action jammed into Tuesday and Wednesday. New issue supply is forecast at $5.69 million.

Successful St. Louis and Kansas City tax and bond measures support their credit profiles.

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

Municipal market participants will see a little more volume to go along with one less work day next week, on the heels of Friday's weaker-than-expected March employment report.