| Government Securities Prices | 10-year: 101 10/32 to yield 1.85, unch 30-year: 100 12/32 to yield 3.11, down 7/32 |
|---|---|
| Municipal Bond Index | 129 1/32, unch |
| The Bond Buyer's 30-Day Visible Supply (as of 04/01) | Total: $7.868 billion, up $557.1 million Competitive: $3.553 billion, up $410.4 million Negotiated: $4.315 billion, up $146.7 million |
| The MuniCenter List | Offering total: $7.840 billion, down $1.930 billion |
Infrastructure like vertiports may be financed with municipal bonds.
Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.
A TIF fund established by the Alexandria Industrial Development Authority supporting a troubled hotel renovation project in downtown Alexandria, Virginia, is reported to be in default.
The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.
Cook County, Illinois, plans to go to market Oct. 1 with $150 million of sales tax revenue bonds. The deal comes on the heels of a Moody's upgrade to Aa3.
Fitch cited improved long-term liability metrics.
