News and Information from Bond Buyer

Chicago's board of education approved a budget before a state vote on aid and with city funding uncertain.

Narrowing liquidity and elevated liabilities led to the one-notch downgrade and a negative outlook.

Top-rated municipal bonds finished unchanged on Monday, according to traders, as California’s $2.5 billion general obligation bond deal was priced for retail investors.

Gavin Murrey will become the division leader of public finance/debt investment banking.

The legacy of the MCDC initiative lives on, lawyers said.

A full assessment of Hurricane Harvey's impact to municipal credits remains weeks away as Houston and southeast Texas continue battling high waters.

Kansas City officials will recommend a private partner for the $1B airport project by Aug. 31.

The Puerto Rico Oversight Board filed an adversary complaint for declaratory and injunctive relief to force cost-saving measures.

Tender rates for the Treasury Department's latest 91-day discount bills incurred a 1.020% high rate, down from 1.100% the week before.

New Jersey Gov. Chris Christie signed a bill late giving the state an alternative route to shedding Atlantic City public safety staff.

Top-rated municipal bonds were unchanged at mid-session, according to traders, as California’s $2.5 billion general obligation bond deal was priced for retail investors.

Tender rates for the Treasury Department's latest 182-day discount bills incurred a 1.115% high rate, unchanged from 1.115% the week before.

The Treasury Department said Monday it will sell $25 billion of four-week discount bills Tuesday.

Texas factory activity, as measured by the production index, “continued to increase in August,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

The municipal bond market is looking at a $6.87 billion new issue calendar this week, dominated by the state of California’s $2.5 billion general obligation bond deal.

The State of California is expected to wet the whistle of investors when it brings a scheduled $2.5 billion deal to a supply-strapped market.

Aside from embarrassment to its finance team, New Mexico won't be hurt by its mistaken advance refunding of $79 million of non-callable bonds, officials said.

The SEC's case against an MA firm and its officials seems to have hinged on why they were hired.

The Chicago Civic Federation opposes the school district's budget over its reliance on uncertain revenues and debt.

Primary municipal bond market volume is expected to perk up to $6.9 billion in the coming week, more than one-third of it in a single deal from the Golden State.