Northeast

Moody's Investors Service downgraded Manchester's general obligation bonds to Aa2 from Aa1.

For the first time in 10 years, Dover, Del., plans to come to market with a competitive sale of water and sewer revenue bonds.

Harrisburg, Pa., receiver William Lynch denies that Detroit's bankruptcy filing had anything to do with creditors in Pennsylvania's capital moving toward a consensus.

The New York City Employees' Retirement System has reinvested $15 million in State of Israel Bonds, city Comptroller John Liu announced.

All three major ratings agencies have downgraded Catholic Health Services of Long Island, N.Y., revenue bonds.

New York City sold $377 million of tax-exempt refunding general obligation bonds through negotiation on Tuesday.

New York's MTA has secured $200 million of insurance protection that will help pay for future repairs for storm damage to its infrastructure, the agency announced.

Temple University is defending itself after Moody's Investors Service put its Aa3 rating on review for a downgrade last week.

New York City subway and bus fares would rise by 50% by 2023 if the MTA continues with biennial 8.4% fare increases, said the Independent Budget Office.

Two leaders called for New York's state government to take steps to prevent local governments from ending up in bankruptcy.