State of Illinois

The Illinois Senate will attempt to override a veto of the Debt Transparency Act next month.

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.

Municipal bonds finished weaker on Wednesday as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of the year.

Municipal bonds were weaker at mid-session as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of 2017.

Municipal bonds were weaker as Illinois came to market with $4.5 billion of general obligation bonds, the biggest deal of the year so far.

Municipal bond traders will be watching what kind of reception Illinois's $4.5 billion general obligation deal, the biggest of the year so far, gets on Wednesday.

Comptroller Susana Mendoza wants lawmakers to override Gov. Bruce Rauner’s veto of the Debt Transparency Act.

Municipal bonds were mixed at midday as several large deals hit the screens on Tuesday.

Action revs up on Tuesday in the municipal bond market as several large deals get set to hit the screens while traders eye yields ahead of the big Illinois sale on Wednesday.

Municipal bonds held in to finish little changed on Monday as the market eyed this week’s new issue calendar, topped up by the return of Illinois with a multi-billion dollar bond offering.