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DALLAS -- Opponents of a privately financed, $10 billion high-speed rail system in Texas scored a victory when the federal Surface Transportation Board declined to take jurisdiction over the proposed project.
July 19
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Republicans delegates adopted a 2016 platform at their national convention in Cleveland that supports statehood for Puerto Rico, but not for the District of Columbia. The GOP also wants to abolish the Internal Revenue Service, overhaul the federal tax code, and expand the use of P3s for infrastructure projects.
July 19 -
Chicago-based Presence Health Network will issue nearly $1 billion of bonds next week in a sale designed to overhaul its debt portfolio and provide some breathing room to help stabilize its balance sheet.
July 19
- Connecticut
Connecticut, which expects to empty most of its rainy-day fund as it struggles with its budget, received a downgrade from Kroll Bond Rating Agency
July 19 -
As part of the New York Metropolitan Transportation Authoritys $27 billion five-year capital program, Gov. Andrew Cuomo on Monday announced plans for the renovation of 31 subway stations across New York City and unveiled a totally new design for the 1,025 subway cars that are on tap to be bought by the agency.
July 19
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The MBTA, which operates mass transit in Greater Boston, has issued a request for qualifications regarding an automated fare collection system.
July 19
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Top quality municipal bonds were unchanged at mid-session, according to traders, as the first wave of new issuance swept into the market, led by issuers from New York, Massachusetts and Washington.
July 19
- Oregon
The Oregon State Treasury is offering a new intermediate-term investment tool for local governments.
July 19
- West Virginia
West Virginia has passed a law giving the governor the power to pay debt service if a budget has not been enacted on time.
July 19
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The Treasury Department Tuesday auctioned $45 billion of four-week bills at a 0.275% high yield, a price of 99.978611.
July 19 -
The Treasury Department Tuesday auctioned $20 billion of 364-day bills at a 0.550% high yield, a price of 99.443889.
July 19 - Pennsylvania
After passage of a $31.5 billion budget, S&P Global Ratings removed Pennsylvania from credit watch with negative implications.
July 19
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Municipal investors should be prepared for the eventual departure of non-traditional and international buyers from the sector, Regions Investment Management said in a new report.
July 19 -
Nearly everyone agrees that modern, well-maintained infrastructure is a huge benefit to the country, but making those investments has become politically divisive. What if that controversy didn't exist?
July 19
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Municipal bond traders on Tuesday are prepared for the start of the week's new issuance, as muni yields continue to stay above record low levels.
July 19 -
Indicator Last Report Forecast Actual Housing Starts May: 1.135M June: 1.170M June: 1.189M Building Permits May: 1.136M June: 1.150M June: 1.153M
July 19 -
Natalie Cohen, Managing Director at Wells Fargo Securities, talks with The Bond Buyers Chip Barnett about the global attractiveness of U.S. municipal bonds in a negative interest rate environment in Europe and Asia. She discusses market volatility after the U.K. Brexit vote, looking at both the market side and the effect on state and local governments and public pensions.
July 19 -
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