State of Connecticut

The state, after multiple rating downgrades and facing budget strife, declining revenue and a pension funding dispute, plans a GO new-money and refunding sale.

While Gov. Dannel Malloy and lawmakers study recommendations from a state panel, Nuveen warned that the state’s bond rating could plummet further.

“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.

Working amid uncertainty in the equity and fixed-income markets, the Connecticut Housing Finance Authority held an oversubscribed fixed-rate bond sale.

Still dusting themselves off from last year’s budget chaos, Gov. Dannel Malloy and Connecticut lawmakers reconvene to grasp a glaring transportation fund crisis.

Wednesday's sales of Chicago's Sales Tax Securitization Corp. taxables and Connecticut’s special tax obligation bonds underscored the increasing prevalence of special obligation offerings.

Technology has changed the muni market, but a complete restructuring of how bonds come to market is expected by analysts.

Municipal and Treasury bonds weakened as stocks surged to record highs in early trading.

The Sales Tax Securitization Corp.’s second offering faced a tougher market environment.

Underwriters reportedly offered spreads to the Municipal Market Data’s AAA benchmark scale of 55 basis points on serials ranging from 2031 to 2038.

MacKay Municipal Managers has released its list of the top five trends to watch for in the municipal market this year.

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.

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

Municipal bond traders return to work with yields and the revamped Chicago deal in their sights.

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

A state official cited the need to have special tax obligation bonds rated "on the bonds' own merits," distinct from the state's GOs.

Gov. Dannel Malloy urged lawmakers to replenish the Special Transportation Fund.

The Democrat and former Hartford city treasurer said Wednesday her administration “restored integrity and public confidence in the office of state treasurer."