State of Illinois

An asset transfer and payment restructuring were offered to Gov. J.B. Pritzker as ideas for part of a pension fix.

A warm reception is likely for the new issue supply that will be coming into the market.

The District of Columbia will be headlining next week's new issue slate with a $940 million deal.

The Civic Committee of the Commercial Club of Chicago says its plan would put the state on path to fiscal solvency and double-A ratings.

A new report from the state comptroller lays out budget strains that weigh on the backlog despite strong revenue numbers.

Ipreo forecasts weekly bond volume will surge to $7.2 billion from a revised total of $3.8 billion this week.

J.B. Pritzker's challenges as Illinois governor include low bond ratings, structural deficits and underfunded pensions.

Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.

Municipal bonds were stronger as markets closed early ahead of the New Year’s holiday.