Maryland

The troubled P3 project has been behind schedule and over budget.

The top five bond financings have an average dollar volume of more than $1 billion.

Moody's kept stable rating outlooks on Florida, Maryland and Virginia after moving the United States to negative. D.C.'s outlook was cut.

The White House is expected to announce major grants for non-Northeast corridor projects, including potentially high speed trains, before year's end.

The state did not rule out a future public-private partnership but said it's current focus is on public funds.

"The lowered ratings reflect our view of the system's ongoing operational management vulnerabilities that led to an EPA administrative order and alleged violations of the Federal Safe Drinking Water Act," said S&P's Jenny Poree.

The oil companies had petitioned the justices to have climate change lawsuits brought by state and local governments heard in federal courts instead of state courts.

The Australian toll road operator couldn't agree on terms with the state for the first phase of the project, which has been dogged by controversy and delays from the start.

A spate of derailments is a unique issue for the Washington Metropolitan Area Transit Authority amid the challenges all transit agencies face post-COVID.

The increasing number and frequency of cyber attacks against municipalities is a cause for credit concern, S&P Global Ratings says.

Incoming Gov. Wes Moore's political support for Hogan's signature project is uncertain.

The state's Board of Public Works could vote on the 50-year concession this fall as Gov. Larry Hogan aims to button up the project before he exits office in January.

It's the latest setback for Gov. Larry Hogan's signature project, which he wants locked down before he exits office in January.

The federal lawsuit brought by Philadelphia, San Diego and Baltimore on behalf of thousands of issuers is similar to a series of closely watched state whistleblower cases that claim banks manipulated interest rates on variable-rate bonds.

Refinitiv Lipper reported $2.094 billion of outflows, reversing the $1.216 billion of inflows from the mutual fund complex.

The Investment Company Institute reported investors added $1.090 billion from muni bond mutual funds in the week ending June 1, up from $4.367 billion of outflows in the previous week.

Gilt-edged Maryland typically helps to guide triple-A yield curves.

Investors will be greeted Monday with an increase in supply with the new-issue calendar estimated at $6.488 billion, led by $1 billion-plus of GOs from Maryland in the competitive market.

While the report offers many positives for states, headwinds loom, according to investment management firm Conning.

The new academic center housed at the University of Maryland is developing P3 industry standards and a peer exchange program for state infrastructure czars.