Markets

After voters twice rejected proposals to issues bonds to pay for a new school and major repairs, school board members now are considering borrowing what they can without voter approval to pay for state-mandated improvements.

Hunt County has received some impressive marks concerning plans to issue bonds for the $24 million road bond package approved by voters in November.

A muni-focused asset manager is offering its clients social impact investing options.

Municipal bonds ended unchanged on Monday, according to traders, who were looking ahead to the week’s new issue slate.

Chicago is offering stronger rated utility-backed bonds but like its GO they face credit strain from pensions.

The bus operator for 12 Dallas County school districts defaulted on its June 1 debt payment and faces a voter referendum on its continued existence.

Analysts see discrepancies in the quality of disclosure across different sectors of the market.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.980% high rate, up from 0.960% the prior week, and the six-months incurred a 1.070% high rate, up from 1.060% the week before.

Municipal bonds were steady at mid-session, according to traders, who will be looking ahead to the week’s hefty new issue slate.

WASHINGTON (MNI) - The value of new factory orders fell by 0.2% in April, exactly as expected, as nondurable goods orders rose 0.4% to offset a downward revised 0.8% decline in durable goods orders, data released by the Commerce Department Monday morning showed.