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Despite what they say is low unemployment in their states, four governors who spoke on a panel at the Milken Institute Global conference said job creation is their main priority.
May 3 -
Bond Buyer Northeast regional editor Paul Burton, senior markets reporter Chip Barnett and Northeast regional reporter Andrew Coen let loose on the ills of the municipal finance world, including infrastructure underfunding, pension debt, state budget strife and distressed cities.
May 3 -
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May. 3, 2016 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.61 1.11 1.83 2.82 Arkansas Aa1/AA/NR 0.57 1.03 1.7 2.67 Colorado Aa1/AA/NR 0.58 1.09 1.79 2.78 Kansas Aa2/AA/NR 0.58 1.08 1.79 2.76 New Mexico Aaa/AA+/NR 0.58 1.03 1.71 2.7 Oklahoma Aa2/AA+/AA+ 0.58 1.09 1.81 2.8 Texas Aaa/AAA/AAA 0.58 1.06 1.75 2.68 Utah Aaa/AAA/AAA 0.56 0.97 1.6 2.57
May 3 -
5/2/2016 4/25/2016 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 6 $220,025 9 $276,590 -$56,565 Arkansas 5 22,795 1 2,580 20,215 Colorado 6 377,665 4 336,675 40,990 Kansas 7 57,025 3 14,175 42,850 New Mexico 0 0 1 69,075 -69,075 Oklahoma 46 129,180 40 71,815 57,365 Texas 27 1,607,042 41 1,476,030 131,012 Utah 1 21,335 3 98,385 -77,050
May 3 -
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The Mayo Clinic is returning the market Tuesday with a $200 million refunding, a follow up to its $350 million taxable new-money issue in March.
May 2 -
Treasury Department secretary Jack Lew on Monday sent a letter to congressional leaders warning them that further inaction on a bill to help Puerto Rico pending in the House could lead to a taxpayer-funded bailout.
May 2 -
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Top quality municipal bonds finished steady to weaker on Monday, traders said, as the market watched events unfold in the commonwealth of Puerto Rico and Atlantic City.
May 2 - Illinois
A Will County, Illinois school district took a five-notch rating downgrade to the lowest investment grade as it turns to short-term borrowing to deal with fallout from the improper accounting of past bond proceeds.
May 2 - Michigan
Voters in Indiana and Michigan headed to the polls Tuesday will decide the fate of more than $1 billion in school district borrowing requests.
May 2 -
The Cook County Clerks office has reversed course and signed off on the validity of Harvey, Ill.s property tax levy request, raising hopes that the city will make good on bond payments.
May 2 -
A string of recent acquisitions in the municipal pricing and indexes space could bring colossal change to the market, participants said.
May 2 -
A $357 million federal TIFIA loan to a Texas P3 project will help finance construction of tolled express lanes on a Houston highway.
May 2 -
Commercial and industrial loan standards tightened in the past three months, with less demand for C&I loans, according to the Federal Reserve's April 2016 senior loan officer opinion survey, released Monday.
May 2







