Northeast

The Massachusetts Water Pollution Abatement Trust on Tuesday held a retail period for $242 million of state revolving fund bonds.

WASHINGTON — Maryland Gov. Martin O’Malley hailed the budget he signed into law last week as a way to secure the state’s triple-A bond rating, but a new Moody’s Investors Service report warned the new budget could hurt the credits of more than 20 municipalities.

Maine Gov. Paul LePage vetoed one of five bond proposals approved by the Legislature and will let the other four go to state voters in November without his signature.

Standard & Poor's revised its outlook on Maine to stable from negative and assigned a AA to $53 million of general obligation bonds the state is scheduled to price on Thursday.

New York's Metropolitan Transportation Authority will go to market on Wednesday with a $250 million sale of Triborough Bridge and Tunnel Authority bonds after Moody's Investors Service downgraded the TBTA's bonds last week.

Troubles at 38 Studios, the video-game company founded by former Boston Red Sox pitcher Curt Schilling, could leave Rhode Island taxpayers with a $75 million bill through a loan guarantee — and emphasizes the risk economic development deals pose for issuers.

New York City, with an eye toward boosting parking revenues and catching up with technology, expects to issue requests for qualifications by the end of the month to privatize the operation of its parking meters.

The Commonwealth Court of Pennsylvania on Thursday approved Gov. Tom Corbett’s nomination of retired Major General William Lynch as receiver for distressed capital Harrisburg.

Following a downgrade from Fitch Ratings, Standard & Poor’s has followed suit, dropping Suffolk County, N.Y.’s general obligation bonds two notches to A-plus from AA.

The Commonwealth Court of Pennsylvania will hold a confirmation hearing Thursday morning on Gov. Tom Corbett's nominee for Harrisburg receiver, retired Air Force Major Gen. William Lynch.