Connecticut

New York, Texas and Pennsylvania issues headline the new-issue slate.

Yields on the long end of the curve dropped as much as seven basis points while very short yields rose.

The market looks forward to Thursday's $3.3 billion note deal from DASNY after handling a sizable calendar Wednesday.

Comptroller Kevin Lembo forecast a $620 million fiscal 2020 deficit in his monthly update to Gov. Ned Lamont.

The primary supply for the holiday-shortened week is projected to dip to just over $4 billion, with a mix of tax-exempt and taxable issuance led by Colorado’s $500 million of certificates of participation.

The front of the municipal yield curve is 'astounding' and traders said dealers are uncharacteristically accepting the levels, likely due to the historically attractive ratios.

The primary was up and running Monday with Connecticut’s $850M offering for retail while many Texas issuers were active on the heels of the Fed news that it is open for business for munis.

Uncertainty and volatility have caused a bifurcated market when it comes to credit, and widespread disparity between high-quality and high-yield is complicating matters for issuers.

The offering of special tax obligation bonds comes as the state begins a four-phase reopening in its next response to the coronavirus.

Uncertainty surrounding whether colleges and universities can safely open their doors this fall adds stress to the already challenged higher education sector.

Bryan Garcia and Eric Shrago of the Connecticut Green Bank, explain how “Green Liberty Bonds” will expand clean energy investment. The small-denomination munis for retail, modeled after the World War II Series E bonds, are independently certified to fight climate change. Chip Barnett hosts.

The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.

Gov. Ned Lamont said the federal rescue package will provide some flexibility even as state deficits mount.

The Ocean State activated a dormant disaster board for emergency borrowing, a tool not available for other states in the region.

Gov. Ned Lamont repeated his call amid more deaths from COVID-19 and a budget-deficit forecast that doubled over two months.

Controversy over state borrowing levels and how to backstop COVID-19 measures surrounded a two-year, $4.7 billion bond authorization bill that Gov. Ned Lamont signed.

Recently elected Mayor Justin Elicker revived an old municipal battle cry with a call for more contributions from Yale University and Yale New Haven Health.

Moody's cited stable financial operations and adherence to a recovery plan in Connecticut's capital.

Ned Lamont said the $625 million is no longer linked to any passage of a highway tolling bill.

Instead the governor intends to bond for $200 million annually to fund transportation infrastructure needs.