Markets

General obligation bonds for levy collection were issued at the city commission meeting Monday evening.

An effort to force Gov. Paul LePage to issue a $15 million senior housing bond approved widely by voters in 2015 advanced in the Maine Legislature on Tuesday, but Republicans have enough support to block the bid for the second straight year.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

Illinois still has time to solve its budget ills, according to Fitch Ratings.

Altru Health System wants to issue $115 million in bonds, some of which will go toward replacing the Main Clinic closed months ago because of a structural failure.

Fox Chapel Area School Board last week approved a $37.9 million bond in anticipation of building a new Kerr Elementary School and to fund upgrades to three of the district's other school campuses.

The District 80 Board of Education Monday approved issuing $5.5 million in bonds to fund a new gym and safety upgrades at district buildings.

The city will soon have twice the sales tax revenue to make stormwater sewer upgrades, but officials are looking at issuing bonds to further expedite the projects.

Municipal bonds finished stronger on Tuesday as the Hudson Yards deal hit the market along with a host of other large sales.

The Treasury Department Tuesday auctioned $26 billion of two-year notes with a 1 1/4% coupon at a 1.316% yield, a price of 99.870143.