News and Information from Bond Buyer

The deal, issued to finance the bulk of a $3.5 billion capital program, marked the largest AMT bond transaction and the largest airport revenue bond ever issued.

Denver International Airport's deal represented the largest AMT bond transaction ever issued and the largest airport revenue bond in municipal bond history.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.15% from 4.21% the week before.

Judges at a hearing this week appeared sympathetic to arguments that the board's appointment was unconstitutional.

Municipal bonds rallied Thursday as yields fell as much as six basis points in spots.

The bank won't say what led to Stratford Shields' firing; his representative accused the firm of engineering the ouster.

The indiana Finance Authority will sell green bonds to fund loans for eligible water and wastewater projects that are verified as environmentally beneficial.

The commonwealth's rainy-day fund exceeds $2 billion for the first time in 11 years, state Treasurer Deborah Goldberg said.

With monetary policy close to neutral levels and no signs of an overheating economy, the Federal Reserve should move cautiously, Federal Reserve Bank of Atlanta President Raphael Bostic said Thursday.

Municipal bond traders returned to work on Thursday as the market took up where it left off on Tuesday — with munis and Treasuries rallying.

The scope of the court's ultimate ruling in the first of five pension-related cases on its docket remains unclear after Wednesday's oral arguments.

Wells Fargo will replace Stratford Shields, who is out following an administrative leave.

The U.S. services sector expanded at a faster pace in November as the non-manufacturing index grew to 60.7 from 60.3 in October.

Tom Doe, president of Municipal Market Analytics, attributes more of the market’s performance to algorithmic bidding, new revenues — such as sport wagering — and natural hazards — such as coastal retreat. John Hallacy is host.

Initial jobless claims slid 4,000 to 231,000 in the week ended Dec. 1, the Labor Department said Thursday.

Private-sector employment increased by 179,000 in November, on a seasonally adjusted basis, ADP estimated Thursday.

Legal limbo surrounds Atlantic City Mayor Frank Gilliam as he closes his first year in office.

Fitch Ratings said the BB-minus rating on Brightline’s $600 million of private activity bonds was removed because the project has changed strategic focus.

A Fitch Ratings looks at the credit implications of ideas pitched by Gov.-elect J.B. Pritzker.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.