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About $2.5 billion of bonds are coming from just two issuers on Tuesday, as the market gears up for big competitive sales from New York and a large negotiated deal out of Ohio amid various other deals from around the country.
August 8
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The New York mayor and his supporters must shepherd the bill through Albany.
August 7
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Moody's Investors Service has upgraded to Aa2 from Aa3 the long-term joint support letter of credit (LOC)-backed ratings of the City of Philadelphia, Pennsylvania Gas Works (PGW) Revenue Refunding Bonds.
August 7
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Puerto Rico’s June economic activity declined 0.5% compared to May and 2.1% compared to a year earlier.
August 7
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Philadelphia’s sin and sweet taxes yielded Pennsylvania’s largest city more than $500 million in revenue over the last five years, according to a new economic report.
August 7
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Top quality municipal bonds finished mixed on Monday, according to traders as the first of the week’s big new issues came to market out of the Midwest.
August 7
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Port Houston has lost one of its three triple-A ratings due to legal and technical issues, but business prospects remain strong, port officials say.
August 7
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Meanwhile, states are working to solve revenue collection problems with remote sales, S&P said.
August 7
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Consumer credit increased by $12.4 billion in June to $3.856 trillion, the Federal Reserve reported Monday.
August 7
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The City Colleges of Chicago budget won the Civic Federation's endorsement.
August 7
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Public finance professional Olyvia Jarmoszka is joining Sycamore Advisors in Chicago.
August 7
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The Federal Reserve must maintain its credibility on inflation, Federal Reserve Bank of Minneapolis President Neel Kashkari told an audience Monday.
August 7
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Final Fastlane grants total $78.8 million as new INFRA program expands to $1.5 billion next year.
August 7
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Municipal bond buyers are heading off to Chicago this week to attend the Windy City’s annual investor conference.
August 7
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“Everything in the code it going to be looked at,’’ Hatch said during an interview on Fox News.’
August 7
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On a quiet Monday where there is only one deal pricing for retail investors, municipals were mixed although some maturities on the long end were as much as one basis point higher, according to traders.
August 7
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Monetary policy is near appropriate levels, Federal Reserve Bank of St. Louis President James Bullard repeated Monday.
August 7
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Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 1.040% high rate, down from 1.070% the prior week, and the six-months incurred a 1.140% high rate, up from 1.130% the week before.
August 7
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The Treasury Department said Monday it will sell $45 billion of four-week discount bills Tuesday.
August 7
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The gain in ETI was driven by positive contributions from all eight components.
August 7
