News and Information from Bond Buyer

Thursday, September 8 Issuer St Description Amount

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Week Of September 6 Issuer St Description Amount

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Government

An administration official and the chairman of a nonprofit group told Senate committee members on Wednesday that they support a bill that would provide Indian tribal governments with better access to bond financings and capital to support local infrastructure and spur economic development.

Rhode Island will use $400 million under its RhodeWorks infrastructure initiative to rebuild and replace bridges at a crumbling Providence interchange.

With its fiscal year completed Aug. 31, Texas came up 1.3% short of revenue estimates used to budget for fiscal year 2016, state Comptroller Glenn Hegar reported.

Top-quality municipal bonds were unchanged on Wednesday, traders said, as the first of the week’s new supply started to come to market.

A federal judge in Puerto Rico is allowing a lawsuit that challenges a Gov. Alejandro García Padilla executive order that declared a moratorium on constitutional debt payments after PROMESA was enacted to move forward without a stay.

More than two dozen San Diego business leaders support an effort pressuring the mayor to come out in opposition to a Chargers ballot tax measure.

A rare tobacco bond deal out of New York hits the market Thursday when the New York Counties Tobacco Trust VI sells $292.16 million.

Newly issued Treasury securities held in stripped form increased about $768 million in August to a total of $223.442 billion, the Bureau of the Public Debt reported Wednesday.

Economic growth remained modest in July and early August, according to the Chicago Fed Survey of Business Conditions, released by the Federal Reserve Bank of Chicago Wednesday.

The Federal Reserve’s structure and makeup – and even geographical locations – drew criticism from members of Congress and the public as favoring the wealthy and ignoring the conditions of ordinary Americans

Oklahoma Treasurer Ken Miller sees no immediate signs of a turnaround as state revenues fall for the 18th straight month in August.

How Puerto Rico government corruption has hurt the economy and contributed to the island’s $70 billion debt crisis.

FHWA will reallocate $2.8 billion of unspent federal highway funding to 49 states in fiscal 2016.

Indiana will receive an upfront payment of $50 million under terms of a proposed deal to lease the state’s communications infrastructure, including its existing cell towers, to a Canton, Ohio –based private operator.

The economy continued to expand modestly, although some districts reported slower growth or no change in activity, according to the latest Beige Book report, released by the Federal Reserve Wednesday.