Metropolitan Transportation Authority

Analysts say states' and cities' unfunded infrastructure should be viewed as a liability, along with debt, pensions and other post-employment benefits.

A provision in the New York governor's budget plan would enable the Metropolitan Transportation Authority to create tax increment financing districts in New York City.

Gov. Andrew Cuomo's plan has drawn strong positive and negative reactions.

City officials intend to fight language that they say would put the city on the hook for emergency repairs by the state-run MTA.

The authority realized $534 million in present-value savings from those transactions in 2017, said finance director Patrick McCoy.

A pre-marketing wire on the Sales Tax Securitization Corp.'s $366.2 million of tax-exempts indicates the Chicago deal may see wider spreads than in its bond sale last month.

Key variables include how Gov. Andrew Cuomo and the MTA would use the roughly $1 billion projected for mass transit, New York City's role and how Albany would tweak the measure.

Although tax reform concerns pushed issuers into the market in December, CUSIP requests for the year, were lowest since 2014.

Muni volume in the last week of January is forecast to match that of the first three weeks combined, satisfying pent-up investor demand.

Municipal bond prices remain under pressure at midday as U.S. Treasury yields hit three-year highs and the market looks to next week's $7.17 billion slate.

Munis came under pressure as Treasuries weakened on concern over a possible government shutdown and traders looked ahead to a return to normal in deal volume next week.

Loop Capital also priced refunding bonds for Cook County, Ill., in the negotiated market.

The New York Metropolitan Transportation Authority sold a $478.18 million competitive deal to Bank of America Merrill Lynch as bond yields moved higher on Thursday.

The municipal bond market on Thursday will see the last of this week’s deals hit the screens as muni yields remain range-bound.

The Sales Tax Securitization Corp.’s bond deal was delayed until at least next week, Chicago officials said, citing the market's "weak start" to the year.

Municipal bond buyers are waiting to see details on the high-rated, but high-yielding sales tax securitization coming from Chicago on Wednesday.

Municipal bond buyers will focus on the high-rated but high-yielding sales tax securitization deal coming from Chicago on Wednesday.

The municipal bond market on Tuesday priced the first of the week’s big new issues, before buyers turned their focus to the high-rated, but high-yielding sales tax securitization coming from Chicago on Wednesday.

The par value of muni underwriting fell for the top five firms as volume receded from the 2016 record.

The municipal bond market is looking ahead to next week’s $3.3 billion new issue slate which is dominated by GO sales from Massachusetts and taxable negotiated deals.