News and Information from Bond Buyer

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

The ceasing of casino revenue sharing payments continues to hamper the credit conditions of Niagara Falls, N.Y., according to S&P Global Ratings.

A huge surplus and strong state economy could drive demand for the upcoming $989 million offering.

Jacksonville-based JEA wants the Municipal Electric Authority of Georgia to vote against continuing the project.

More than a decade after voters created the Cancer Prevention and Research Institute of Texas with $3 billion of bond funding, the state is nearing that goal with a $322 million deal this week.

More than 85% of Harris County voters supported $2.5 billion of bonds to mitigate future flooding on the anniversary of Hurricane Harvey's inundation of southeast Texas.

Portfolio managers say taxable alternatives have appeared cheaper lately when compared to the short end of the tax-exempt yield curve.

While flattening yield curves may signal a rising risk for recession, the curve that has proven most accurate in foretelling a downturn is far from inverting.

The municipal bond market will see under $4 billion of new paper to close out the month and market participants remain hopeful volume will spike in September and stay strong into the fall.

A week after pricing the largest airport bond issue in its history, Denver will close on the deal with a goal of remodeling the still youthful aviation hub.

Texas factory activity growth, as measured by the production index, “maintained its strong momentum in August.”

Massachusetts returns to the municipal bond market this week as it prepares to offer general obligation bonds ahead of the Labor Day holiday

The Chicago Fed National Activity Index for July declined to 0.13 from an upwardly revised 0.48 in June.

A COFINA bondholder group welcomed the plan as a step toward consummating the COFINA restructuring agreement-in-principal.

S&P Global Ratings revised its outlook on the state’s general obligation bond rating to stable from negative and affirmed its AA-minus rating.

Municipal bond buyers will get another chance to get some Massachusetts and Texas paper as both issuers head into the market.

The organization chose Karen Daly, Emily Brock, and Lori Schreckengost to receive the annual awards.

Portland Public Schools may need another $200 million to complete projects promised in a $790 million bond measure.

The Rahm Emanuel administration told aldermen that a POB could save $6 billion and ease future tax and fee hikes.

Owners of a Los Angeles complex had argued that their duty to provide affordable units ended when bonds were paid off.