Markets

Moody's revised the outlook on $3 billion of Chicago parks, water and sewer bonds to stable.

Public-purpose need has become an important marker for green bond deals as the market evolves.

Municipal bond volume will dip to a more average 2018 level next week.

MSRB is seeking comments on a revised set of potential draft amendments to its rules on primary offering practices and related disclosures that it says would benefit the market for relatively limited costs to participants.

Illinois' Baa3 rating remains one notch above junk, but the outlook is now stable, up from negative.

In the week ended July 19, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.97% from 3.96% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Sterling National Bank has a new municipal group focused on an array of non-public financing services during a time when loans to bond issuers are on the decline.

A motion for summary judgment by Indian River and Martin counties contends that the privately owned project isn’t eligible to use the private activity bonds.

New issues were well spoken for on Thursday as hungry investors with available cash participated in the largest deals of the week.

An amended master trust indenture will reflect the combined finances of the largest health systems in Illinois and Wisconsin.