Infrastructure

The municipal bond market saw billions of dollars of bonds hit the screens on Tuesday.

The city will issue $80 million of limited tax general obligation bonds and $64 million subordinate lien income tax bonds,

The muni market saw several large deals hit the screens Tuesday from issuers in California, Seattle and Connecticut.

Las Cruces city councilors on Monday unanimously OK'd placing a nearly $35.6 million general-obligation bonds package before city voters in August.

For three hours Monday, members of the state Parkways Authority hashed out details for the sale of more than $300 million of turnpike bonds, a plan the authority is expected to formally approve on Thursday.

The $1.2 billion in bonds are being sold through a conduit by a P3 developer.

With a focus on infrastructure deals, muni buyers are set for a hefty new-issue calendar.

After nearly three decades of waiting for federal funds, the Texas port will issue its own debt to expand its ship channel for larger tankers and cargo vessels.

Officials say a long-awaited transit project reached the finish line thanks to the federal transportation grant program.

Puerto Rico was by far the largest recipient of emergency relief funding allocated by the Federal Transit Administration.