News and Information from Bond Buyer

The City and County of San Francisco has invested $4.5 million into a public/private partnership aimed at reducing homelessness.

The Illinois Regional Transportation Authority Thursday will consider a $3 billion operating budget and $5.1 billion five-year capital plan that boosts spending next year but still falls far short of its needs as a new state capital program languishes amid the ongoing budget impasse.

The Treasury Department Tuesday auctioned $12 billion of 29-year 11-month bonds with a 2 7/8% coupon at a 3.152% high yield, a price of 94.656663.

A New Jersey proposal to allow its Transportation Trust Fund to sell bonds directly to its underfunded pension system would worsen credit conditions, according to Municipal Market Analytics.

Top-quality municipal bonds were unchanged at mid-session, traders said, as the Federal Reserve prepares to begin its two-day monetary policy meeting.

Ambac Financial Group, Inc., said it appointed Claude LeBlanc as president and chief executive officer, replacing Nader Tavakoli, who resigned, effective immediately.

Daniel Berger, Senior Market Strategist at Municipal Market Data, stops by The Bond Buyer to talk about the municipal bond market's performance so far this year. He focuses on muni bond fund inflows and outflows, he chats about healthcare securities in the wake of uncertainty around the future of Obamacare, and he looks at how the situation in Puerto Rico has affected its bond prices. And Gary Siegel, Fed Watcher for SourceMedia, explains what to look for at this week's FOMC meeting -- and what the Federal Reserve may have in store for 2017.

The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.480% high yield, a price of 99.962667.

Indicator Last Report Forecast Actual Import Prices Oct.: +0.4% Nov.: -0.4% Nov.: -0.3% Export Prices Oct.: +0.2% Nov.: -0.3% Nov.: -0.1%

While Puerto Rico is at a crossroads, it must file for restructuring as soon as possible and work with the federal government to help resolve the commonwealth’s fiscal crisis, said outgoing Puerto Rico Gov. Alejandro García Padilla.

The MBTA's oversight board approved up to $277 million for 120 additional subway cars for its beleaguered Red Line in Greater Boston.

New York MTA intends to sell $1.3 billion of bonds in January including a $100 million remarketing, said finance manager Patrick McCoy.

The municipal bond market is set to see the bulk of the week's new issues hit screens on Tuesday as the Federal Reserve begins its two-day monetary policy meeting.

Small business owners optimism rose after Election Day, and the November index was 98.4, according to the National Federation of Independent Business' monthly Small Business Optimism index released Tuesday.

Tuesday, December 13 Issuer St Description Amount

Tuesday, December 13 Issuer St Description Amount

Week Of December 12 Issuer St Description Amount

Week Of December 12 Issuer St Description Amount

ILLINOIS

ILLINOIS