Midwest

Indiana Secondary Market for Education Loans, Inc. entered into a voluntary closing agreement with the Internal Revenue Service over $221.65 million of student loan bonds issued from 2001 through 2004. Under the agreement, the issuer made a payment to the IRS and redeemed all outstanding bonds.

Ohio will sell $400 million of new-money general obligation bonds in a competitive sale set for Tuesday morning.

After his veto of a tax relief package was sustained, Missouri Gov. Jay Nixon released $215 million of $400 million in budgeted funds he had previously withheld.

Battle Creek, Mich., sold the first sizable deal featuring local Michigan general obligation bonds since Detroit's historic bankruptcy.

Missouri Republicans failed to override Democratic Gov. Jay Nixon's veto of a tax cut package.

The Illinois Finance Authority advanced borrowing plans by Presence Health and several other elementary and higher education institutions totaling more than $400 million this week.

Flint, Mich. will get its third emergency manager within one year after current EM Michael Brown announced Wednesday he is stepping down.

A P3 involving Harrisburg’s parking assets would provide back-end revenue and avoid a Chicago-type fiasco in Pennsylvania’s capital, a receivership official said.

Chicago Mayor Rahm Emanuel voiced support for his chief financial officer Lois Scott this week, following reports highlighting her past business ties to former comptroller Amer Ahmad, who faces federal corruption charges tied to his tenure as deputy Ohio Treasurer.

Bond insurer Syncora Guarantee, Inc. will appeal a recent decision by federal Judge Steven Rhodes in Detroit’s bankruptcy, marking the first appeal in the case.