Midwest

Three lawsuits claiming fraud in the variable-rate demand obligation market are headed toward key court rulings in coming weeks.

The municipal bond market and its participants are ready for what they are hoping is a busier and better week than the last.

Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.

Indiana Gov. Eric Holcomb's proposed two-year budget holds the line on spending to boost state's rainy day fund.

After a lackluster week, the muni market is hoping to get back on track.

Municipals were mostly stronger Friday ahead of next week’s $6.4 billion new issue calendar.

The $551 million issue wraps up a nearly $3 billion program; $7.7 billion of proposed pension obligation bonds rely on similar structure

The public accounting and advisory firm moves into the municipal advisor space by combining with Springsted, Inc. and Umbaugh and Associates.

The General Assembly canceled the terms of Illinois State Toll Highway Authority board members, allowing Gov.-elect J.B. Pritzker to make his own picks.

The proposed settlement involves the Jan. 3 issuance of $7.3 million in transportation development refunding revenue bonds that are being used in the hope of resolving the tax audit of $9.55 million in tax-exempt bonds issued in 2009 for construction of a parking garage.