Northeast

Credit strengths include strong market position and service area economic fundamentals and an expected continued strong finance performance.

To help the city recover faster, former Lt. Gov. Richard Ravitch has proposed a dedicated state-approved revenue stream to provide additional funding for the transit system.

A new report from Merritt Research Services looks at potential post-pandemic problems for big cities that rely on taxes from commercial real estate.

The proposed issuance would refinance some of the New York City Municipal Water Finance Authority’s outstanding bonds.

Despite competitive and demographic headwinds, Villanova's strong academic reputation as a selective private university will support student demand, Moody’s said.

The diverse structure of New York’s debt poses a significant danger to the state economy’s financial wellbeing: the risk the government and its public authorities might lose access to credit in a fiscal or market crisis.

The Volcker Alliance looks at the state’s outstanding municipal bonds and $83 billion in other obligations and suggests improved transparency and oversight.

Bonds defeased include state GOs and securities from the New Jersey Building Authority and the Economic Development Authority.

“We are working hard to secure the city’s financial health now and for future generations,” said Scranton Mayor Paige Cognetti.

Triple-A benchmark curves were bumped two to five basis points outside of five years as markets calmed to start February.