News and Information from Bond Buyer

Market experts see less municipal bond volume next year, far fewer bank loans, new buyers of bonds, and more volatility if the tax bill is enacted as expected.

After Puerto Rico failed to persuade Congress to ease the modified territorial tax system in the tax law, an opportunity zone measure helping the island may be included in a January emergency spending bill.

Tax revenues but are still ahead of projections for the year.

In an unusually busy Monday, municipal bond issuers tried to beat the clock and complete sales ahead of the impending tax reform.

The Railsplitter Tobacco Settlement Authority will price a $679 million current and advance refunding of tobacco bonds.

The threat of tax reform loomed large for firms responding to SIFMA's Municipal Issuance Survey.

Approval of the tax reform bill led the Florida Development Finance Corp. to cancel its Monday meeting to approve a deal for the train project.

A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.

A San Jose-area school board member was charged with stealing bond measure campaign funds.

Now that the uncertainty of tax legislation and how it relates to munis is gone, market participants can focus on the upcoming calendar — as it will most likely be the last big supply week for a while, with Christmas and New Year’s right around the corner.

The primary market is set for yet another week of hyperactivity as issuers make one final push to get advance refundings done before they disappear.

Colorado and its private partners on redevelopment of a 10-mile section of Interstate 70 are in the market with $116.9 million of PABs.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher.

The Treasury Department said Monday it will sell $50 billion of four-week discount bills Tuesday.

The final tax bill released late Friday afternoon saved private activity bonds but advance refunding bonds will disappear.

Low inflation plus a flattening yield curve led to Minneapolis Fed President Neel Kashkari voting against a rate hike.

Builders’ confidence in the market for new single-family homes increased as the National Association of Home Builders' housing market index climbed to 74 in December.

The New York region's service sector activity "continued to grow at a healthy pace," according to the Federal Reserve Bank of New York's December Business Leaders Survey.

The future accessibility of private activity bonds and stadium bonds is the massive tax bill's gift to the municipal market this holiday season. However, the bill also brings coal in the form of a year-end halt to advance refundings and a drop in the corporate tax rate.

Concerned about the tax bill before Congress, the private passenger train owners want to issue bonds by Dec. 31.