Massachusetts

The ratings agency praises the Massachusetts capital for its handling of pension and OPEB liabilities and its handling of reserves

The Pittsburgh firm will manage the Massachusetts Municipal Depository Trust bond portfolio, ending Boston-based Fidelity's 35-year run.

The state expands its pool of underwriters interested in negotiated sales by 35%, according to Treasurer Steven Grossman.

Massachusetts has a budget for fiscal 2013 while South Carolina remains the only state without one, 11 days into the new fiscal year.

The Council of Development Finance Agencies recognizes the Massachusetts conduit issuer for crafting a tax-exempt bond for the school's Gateway Park research complex.

The Massachusetts Port Authority, which needs to shuffle gates at Boston's airport to accommodate the United-Continental merger and JetBlue expansion, plans to sell $285 million in new money and refunding.

On Monday North Carolina gained a budget but as of Tuesday afternoon Massachusetts and South Carolina remain without valid fiscal year 2013 budgets.

Though the new fiscal year has started, Massachusetts, North and South Carolina still lacked fiscal year 2013 budgets on Monday afternoon.

Delaware, Illinois, Massachusetts, New Jersey, North Carolina, Pennsylvania and South Carolina are about close to blowing a deadline for adopting a fiscal 2013 budget.

Seven States are two and a half day away from blowing a Saturday deadline for adopting a fiscal year 2013 budget.

Boston has the nation's oldest public transportation system, and the most leveraged. So far, one-shot measures have filled shortfall's but critics complain.

The Massachusetts House on Wednesday will take up a bill to close most of the $51 million deficit in the Massachusetts Bay Transportation Authority’s budget for the fiscal year beginning July 1.

The Massachusetts Water Pollution Abatement Trust became the first state revolving fund in the country to sell its bonds through a combined offering of negotiated and competitive sale processes, according to Massachusetts Treasurer Steven Grossman’s office.

The Massachusetts Bay Transportation Authority plans a $415.6 million sale of Series 2012A assessment bonds on Thursday, after a one-day retail period.

The Massachusetts Water Pollution Abatement Trust on Tuesday held a retail period for $242 million of state revolving fund bonds.

Massachusetts will return to the market Tuesday when it sells $350 million of general obligation bonds through competitive sale.

The triple-A bond ratings Moody’s Investors Service and Standard & Poor’s assigned to the Massachusetts’ accelerated bridge program’s recent $419 million bond sale saved an estimated $23.5 million in overall borrowing costs, according to state officials.

Massachusetts is scheduled to sell $419.3 million of commonwealth transportation fund revenue bonds by competitive bid under its accelerated bridge program.

Massachusetts' request for qualifications for public finance investment banking and underwriting services — its first in four years to pre-qualify banks to use in negotiated sales — has elicited widespread responses, state Treasury officials say.

Susan Perez is the new executive director of the Massachusetts Water Pollution Abatement Trust, state Treasurer Steven Grossman announced.