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If the market holds, the state could also receive the lowest recorded true interest cost in its history of general obligation bond sales.
June 16 -
The South Carolina Department of Commerce received authority for an $8 million bond issue for the project that may create nearly 500 jobs.
June 15 -
Virginia Space is seen as a driver for the state’s economy because it provides space access at competitive prices and secure facilities for testing unmanned vehicles.
June 15 -
The Investment Company Institute reported $1.089 billion of inflows into municipal bond mutual funds, marking the 13th consecutive week.
June 9 -
South Florida commuters stuck in traffic may see some relief ahead as Miami-Dade County steps up investment in its transportation infrastructure.
June 9 -
The U.S. Treasury 10-year dipped to its lowest yield since March while municipal investors poured money into new deals and secondary trading helped push benchmarks even lower.
June 8 -
The market idled Monday while investors prepare for a $12 billion new-issue onslaught that brings diversity of credits that will help direct benchmark yields. Continued fund flows are needed to sustain current yields.
June 7 -
Kentucky has one of the poorest funded pension systems among all U.S. states.
June 3 -
The state's record-high budget includes relief from the federal American Rescue Plan Act.
June 2 -
The state's general obligation bonds are rated triple-A by Moody's, S&P and Fitch.
June 2