Connecticut

Connecticut’s $650 million sale drew the highest amount of GO retail interest in nearly 18 months, said state Treasurer Denise Nappier.

A proposal to split up the main employee pension fund has triggered debate in Connecticut, where an unfunded liability mess contrasts with enviable per-capita income statistics.

The Connecticut Teachers' Retirement Board lowering its long-term investment return assumption to 8% from 8.5% is a credit positive for the state, said Moody's.

Connecticut will come to market with a $650 million GO bond sale that includes a green-bond series of $65 million.

Connecticut should reduce the investment return assumptions of its two major state employee retirement plans, state budget Director Benjamin Barnes said following an academic report.

The Connecticut Teachers' Retirement Board approved an actuary's recommendation to reduce the investment return assumption from 8.5% to 8%.

Gov. Dannel Malloy should not invoke Wall Street in discussions about Connecticut’s budget deficit, said state Sen. Len Fasano.

Gov. Dannel Malloy on Monday acknowledged an estimated $121 million shortfall in Connecticut’s budget and called for bipartisan meetings.

Connecticut’s $840 million special tax obligation transportation bond sale included a record $442 million of retail orders, said state Treasurer Denise Nappier.

MMCT Venture, a partnership between the Mohegan and Mashantucket Pequot tribes in Connecticut, released an RFP for a Hartford-area casino.

Connecticut lawmaker Scott Frantz said the state nearing its “soft cap” bond limit for the year should concern rating agencies.

Connecticut is accepting applications for a new grant program designed to help communities plan for remediating and redeveloping clusters of brownfield sites.

Connecticut received a $700,000 federal grant to study of transit-oriented development in the Hartford line corridor, which covers New Haven, Hartford and Springfield, Mass.

Issuers in the Northeast sold $54.2 billion of municipal bonds in the first half of 2015 rising 26% compared to the first six months of 2014.

Oregon motorists seem eager to sign up for the state's new miles-traveled road fee system but Connecticut lawmakers are not interested.

Connecticut bond panel approval of $546 million in GO bonds, including a block of Gov. Dannel Malloy’s priority transportation, raises questions about debt load.

Fitch Ratings removed its negative outlook on Connecticut's general obligation bond rating, restoring a stable outlook while affirming its AA rating.

Collection of unclaimed property exceeded projections and enabled Connecticut to deposit $69 million into its general fund, said state Treasurer Denise Nappier.

The Connecticut Housing Finance Authority plans to sell $161 million in tax-exempt bonds in three series to finance single-family mortgages.

State Treasurer Denise Nappier promoted Deborah Spalding to chief investment officer of the $30 billion Connecticut Retirement Plans and Trust Funds.