News and Information from Bond Buyer

Municipal bonds finished weaker on Monday ahead of a what will be an busy Tuesday with a few billion of new issuance hitting the market.

Officials want to cast the state's fiscal health in a more positive light even as offering documents lay out a starker assessment.

Local districts and governments are requesting a bit more than half of the record $11.7 billion sought last November.

A $1.4 billion sale from New York Transportation Development Corp., for Delta’s redevelopment at LaGuardia Airport is the bellwether deal of a near $8 billion week of new issuance. This will mark the first time in six years that Delta has issued in the tax exempt market and will be the second largest airline special facility bond ever completed in the municipal market.

The muni market is eagerly awaiting the $1.4 billion Delta deal to kick off the week's activity.

The Connecticut Housing Finance Authority expects to finance 695 mortgages for first-time home buyers through its planned $118 million issuance of fixed-rate bonds.

With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.

As the Electronic Municipal Market Access website enters its second decade, look for a series of investor-focused enhancements, including streamlined design and more intuitive navigation.

The Chicago Fed National Activity Index for March decreased to 0.10 from an upwardly revised 0.98 in February .

New York mayor Bill de Blasio claimed progress in addressing the challenges of population growth, aging infrastructure, increasing inequality, and climate change.

Pushing off painful decisions tanked Illinois' ratings while California reaped spread and rating benefits from better choices.

The action set the stage for the city’s exit from direct state supervision later this month.

The Financial Oversight and Management Board for Puerto Rico approved the plan by a 6-1 vote Thursday after negotiations with the commonwealth’s government failed.

With tax season in the rear view mirror, supply is set to rise to $7.8 billion as demand rebounds.

The Securities and Exchange Commission's decision not to extend the effective date of new markup disclosure requirements is disappointing to dealer groups, which have pushed hard for months for a delay.

The economic outlook has not changed, Federal Reserve Board Gov. Lael Brainard said in a televised interview Friday, suggesting the Fed’s projected rate hikes are on target unless data changes require adjustment.

The deal absorbs the debt of newly acquired systems, and SSM says it will "materially" lower interest.

The new site is designed to drive investment in the Massachusetts capital.

The commonwealth plans a competitive sale for the $500 million in fixed-rate, tax-exempt new-money general obligation bonds.

The net designated syndication rule is one whose time has passed. The municipal market should modernize, following the lead of other markets as to how issuer monies from its bond issues are paid to underwriters.