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Top-rated municipal bonds finished slightly stronger on Tuesday, according to traders who saw a wide array of new deals hit the marketplace. The bulk of the weeks more than $9 billion of new supply was priced or sold, led off by deals from issuers in New York, Texas and Washington state.
February 9
- New York
Orrick, Herrington & Sutcliffe has promoted two public finance attorneys to partner.
February 9
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Stacy Lewis Daher has been reappointed to the California Educational Facilities Authority, the body responsible for approving conduit bond issues for universities.
February 9 -
Patrick McCoy, the finance director New Yorks Metropolitan Transportation Authority, was elected president of the Government Finance Officers Association.
February 9
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The extension of a tax that supports Honolulus $6.9 billion elevated rail project is a credit positive, Moodys Investors Service said.
February 9
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Moodys Investors Service downgraded more par value than it upgraded in 2015.
February 9
- Pennsylvania
A grim Pennsylvania Gov. Tom Wolf urged lawmakers to plug a $2 billion budget deficit that he said has bond rating agencies poised for more downgrades.
February 9
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The head of the agency that accredits Illinois' state universities issued a warning to state leaders as the schools struggle in the absence of state funding because of a continued budget stalemate.
February 9
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The Treasury Department Tuesday auctioned $24 billion of three-year notes with a 0.750% coupon at a 0.844% yield, a price of 99.722361.
February 9 -
Top-rated municipal bonds were slightly stronger at mid-session, according to traders who saw a wide array of new deals hit the marketplace.
February 9 -
The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.265% high yield, a price of 99.979389.
February 9 -
New Britain, Conn.'s bond rating has soared, thanks to a turnaround led by twentysomething Mayor Erin Stewart.
February 9
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Cleveland expects $17 million in savings on its $151 million refunding issue for Cleveland Hopkins International Airport this week.
February 9
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Indicator Last Report Forecast Actual Wholesale Inventories Nov.: -0.4% Dec.: -0.2% Dec.: -0.1% Wholesale Sales Nov.: -1.3% Dec.: -0.3% Dec.: -0.3%
February 9 -
Municipal bond traders on Tuesday will see the busiest day of the busiest week so far this year. The bulk of the week's more than $9 billion of new supply is set to come to market, led off by deals in New York and Texas.
February 9 -
Small businesses were less optimistic in January as the National Federation of Independent Business' monthly Small Business Optimism index, published Tuesday, dropped to 93.9 from 95.2 in December.
February 9 -
Gerrard Bushell, the new CEO and president for the Dormitory Authority of the State of New York, outlines his goals for one of the nations leading municipal bond issuers with northeast regional reporter Andrew Coen.
February 9 - Competitive Note Sales
Tuesday, February 9 Issuer St Description Amount
February 9 -
Tuesday, February 9 Issuer St Description Amount
February 9
- Negotiated Note Sales
Week Of February 8 Issuer St Description Amount
February 9
