State of Illinois

S&P cited benefits such a borrowing would offer Illinois.

Refunding deals were down substantially and new money volume also slipped.

In the latest landing of a displaced William Blair muni professional, David Abel is headed to Columbia Capital Management.

Muni traders on Friday are looking ahead to next week’s lighter new issue slate, which will be dominated by a note deal, rather than a bond sale.

Illinois' school aid logjam may hurt the ratings of some vulnerable districts in the coming months, Moody's said.

The Democratic majority wants to override the changes Republican Gov. Bruce Rauner made to its school funding package.

A debt issue to reduce its mountain of unpaid bills is stuck in Illinois' political divide.

The municipal bond market is gearing up for about $7.3 billion of new supply this week, with $2.51 of that coming from two issuers.

Little activity is expected in the municipal bond market ahead of next week’s new issue slate.

Illinois Gov. Bruce Rauner's veto of school aid legislation jeopardizes school funding and ratings, Fitch reports.