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The New York City Transitional Finance Authority plans to sell about $850 million of tax-exempt fixed rate bonds on Wednesday, June 21, after a two-day retail order period.
June 9
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Puerto Rico’s government and Oversight Board have declined to say what debt service bondholders should expect in the coming fiscal year despite repeated inquiries.
June 9
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S&P Global Ratings has lowered its ratings on the Commonwealth of Massachusetts' approximately $22 billion of parity general obligation (GO) bonds outstanding to 'AA' from 'AA+' and its rating on Boston Housing Authority housing project bonds,
June 9
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Demand for municipals in the primary market should stay strong as volume is set to remain close to the yearly per-week average.
June 9
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Butler Snow LLP has hired former U.S. Sen. David Vitter to work in the firm’s New Orleans’ office.
June 9
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Municipal market buyers aren't waiting for the rating agencies -- they're already trading Illinois paper at junk bond levels.
June 9
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Louisiana's Legislature failed to adopt a 2018 budget, forcing work to resume in a special session.
June 9
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President Trump said he wants to shorten “slow, messy” environmental reviews of infrastructure.
June 9
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Top shelf municipal bonds were weaker at mid-session,, according to traders, who were making preparations to tackle next week's calendar. Ipreo estimates next week's volume at $6.01 billion, consisting of $4.94 billion of negotiated deals and $1.08 billion of competitive sales.
June 9 -
The sale of $1.1 billion of unrated bonds for New Jersey's American Dream comes amid uncertainty about the future of indoor shopping malls.
June 9
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Puerto Rico will hold a plebiscite on its political status Sunday, even though the U.S. Justice Department hasn't approved the wording of the measure.
June 9
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Municipal bond traders are taking a breather on Friday after a heavy slate of new issues priced this week. Traders will be eyeing market volatility which saw yields see-sawing back and forth.
June 9
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In the week ended June 8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell four basis points to 4.03% from 4.07% the previous week. The BB40 Index is based on the price of 40 long-term bonds.
June 8
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Dallas and Houston are on the right path to fixing their troubled pensions, according to Moody's.
June 8
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The Financial CHOICE Act, which the House passed Thursday, would have some direct effects on munis.
June 8
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Kansas' adoption of a tax increase led Moody's to boost its outlook on the state to stable.
June 8
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Trump's infrastructure plan is spurring more questions and concerns from governmental officials and transportation experts,
June 8
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A California hearing contemplated major changes to a tax board's structure.
June 8
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Top quality municipal bonds ended weaker on Thursday, according to traders, as the last big supply of the week hit the market.
June 8
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Alexandra Lebenthal stepped down after more than a decade at the helm of Lebenthal Holdings LLC, after the family-owned firm failed to close a deal to sell a 49% stake.
June 8
