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With Congress gridlocked over the coronavirus rescure package, the nation's largest trasit authority may have to look for other options.September 16
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The Puerto Rico Housing Finance Authority may issue $250 million of tax-exempt capital fund modernization program refunding bonds the week of Sept. 28.September 15
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"Yields are just still so remarkably low," a New York City trader said.September 14
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Municipals held firm ahead of a strong supply stream of bonds in a calendar heavy with taxable and green bond deals.September 11
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The rating agency lowered the authority's transportation revenue bonds to A3 from A2, citing again the effects of the coronavirus.September 11
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At a feisty board meeting, officials rolled out draconian scenarios of service cuts and fare and toll hikes should Washington help not materialize.August 27
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Municipal bonds ended unchanged on Monday ahead of this week $8 billion of new issuance.August 24
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The region's bond issuers sold $55.4 billion of municipal debt during the first half of 2020, a 21.1% increase from the same period in 2019.August 21
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The mass transit agency, its finances reeling from the coronavirus, rejected bids from 10 different banks and sold $451 million of notes to the Municipal Liquidity Facility.August 19
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It's still insufficient for New York’s Metropolitan Transportation Authority and other struggling issuers, according to Reinvent Albany.August 14
