Markets

The role of SLGS has been significantly diminished by the termination of advance refundings on Jan. 1, 2018, under the Tax Cuts and Jobs Act, with the amount of SLGS outstanding declining more than 49%.

Illinois is the only state that has not yet published its fiscal 2018 comprehensive annual financial report and officials don't have an estimated release date.

With the economy strong, Federal Reserve Bank of Philadelphia President Patrick Harker said interest rates should be held for now.

The Massachusetts Port Authority expects to price $461 million of revenue bonds through a negotiated sale primarily to accommodate growth at New England's largest airport.

Just under $7 billion of new-issue supply is on tap in the municipal primary market this week.

Mayor Lori Lightfoot tapped aviation finance chief Reshma Soni for comptroller and elevated debt manager Jack Brofman to deputy CFO.

The U.S. Energy Information Administration estimates there are 990,000 electric vehicles on the road this year and that number will grow to 1.5 million next year and 2.17 million in 2021.

The deal refunds bonds issued for projects at its Whiting, Indiana, refinery.

It's reinvestment season and the market is poised to consume about $7 billion, with California State University and San Jose on the menu.

California retained its top spot in total volume, but New York State dominated with deal size, with two deals in the top five and five in the top 10.