Illinois

Chicago and Illinois poured more than $1 billion of their high-yielding, low-investment-grade rated GO paper into the market on the same day.

A Chicago area broker-dealer agreed to pay a $25,000 to settle FINRA charges that it relied on alternative trading systems and failed to maintain its own risk-management controls.

The city will bring $700 million of GO bonds in a tight window after an Illinois deal and before the city's mayoral runoff election.

A boost in state funding and higher local property valuations lifted school districts' finances, according to the Illinois State Board of Education.

Next week's Illinois GO sale will be a muni market referendum on the governor's budget, tax and pension proposals.

A Chicago-area ice rink facility built with $20 million of bonds is being sold for $10 million.

Preston Hollow's accusations against Nuveen of bully tactics underscore the cutthroat competition for market share.

In his waning days, Chicago Mayor Rahm Emanuel won approval for several development projects and a new money GO issue.

Chicago's CFO says investor outreach will stress fiscal controls that make it difficult for the city to backslide on its progress under Rahm Emanuel.

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.