Organization Root Tag

Issuance of municipal bonds fell 33.9% to $26.7 billion compared to $40.4 billion in September 2016.

Top-shelf municipal bonds were unchanged at midday, according to traders, who are looking ahead to next week’s smaller-than average $4.97 billion new issue calendar.

Lucy Hooper, a member of the MSRB since 2014, will take the helm as chair effective Sunday.

The Rhode Island Infrastructure Bank is working to upgrade the state's poorly-rated infrastructure.

The rating agency cited the backing of the authority's transportation revenue bonds by a gross lien on operating revenues.

The firm, which returned this year to public finance, hired five bankers in Texas, Florida, Illinois and New York.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be headlined by deals from a New York State issuer.

The payoff comes as the district takes out new tax anticipation notes.

The New Jersey Economic Development Authority achieved strong demand during Wednesday’s $350 million school facilities construction bond sale to help generate millions in savings for the Garden State.

Chicago-based Mesirow Financial is bulking up its municipal team with several hires on both coasts.

Santee Cooper and South Carolina Electric & Gas monetized all but one payment of the $2.17 billion they expected to receive from Toshiba.

The proposed rules would be updated to cover all PABs and recognize electronic communications.

The proposal would benefit bondholders without helping PREPA rebuild the power grid, a government statement said.

The withdrawal or reduction ofederal support for healthcare funding would damage the state budget.

The rating agency says Assured Guaranty and Build America Mutual are open to a traditional bond refinancing, not a bond restructuring or a haircut.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "continued to expand at a solid pace and … firms remained optimistic about the future."

Fitch Ratings said it has withdrawn its ratings for the United States Virgin Islands and the USVI Public Finance Authority.

Federal Reserve Bank of Boston President Eric Rosengren said the central bank should raise rates in a “regular and gradual” way.

The tax reform plan does not mention munis and market participants would rather see it in writing than have assurances from the White House.

Puerto Rico's power authority said it may take more than six months to restore electricity and there was a report that the Oversight Board was ready to revise the amount of debt to be paid in the next nine years.