- California
The most controversial aspect of the bill affecting water districts in 17 Western states is that it would repeal California's authority to implement the San Joaquin River Restoration Settlement Act.
July 17
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The municipal bond market barely got a breather as volume for the week totaled a revised $7.81 billion, according to Thomson Reuters. The market saw three deals of over $1 billion each sell during the week, topped by issuers in Chicago, Indiana, and California.
July 17
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California Gov. Jerry Brown has signed a new law securing revenues for general obligation bonds issued by local governments a move designed to protect bondholders in a bankruptcy proceeding. But rating agencies have mixed feelings about whether it will be of much benefit to holders of local GOs in the nation's most populous state.
July 17
- Illinois
Standard & Poor's Ratings Services said it is monitoring the Chicago Board of Education's plans for fiscal 2016 and its efforts to bring expenditures in line with revenue.
July 17 - Michigan
Michigan officials are touting the state's recovery from the Great Recession to investors considering buying $990 million of revenue bonds, the building authority's largest deal to date.
July 17
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An estimated $9.16 billion in primary issuance is expected for the week of July 20, headlined by a $1.2 billion sales tax revenue offering from the New York State Dormitory Authority.
July 17
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Virginia will eliminate tolls on two tunnels under construction with $78 million saved by cancelling a P3 road project.
July 17
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The Virginia Tobacco Settlement Financing Corp. must dip into reserves to make interest payments this year, bondholders were told July 16.
July 17 -
Prices of top-quality municipal bonds were stronger at mid-session, traders said, with yields on some maturities rising by as much as two basis points.
July 17
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Sen. Ron Wyden, D-Ore., hopes that one day, parents will give their kids infrastructure bonds for the holidays.
July 17
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A decade after being on the brink of bankruptcy, Buffalo, N.Y., is reinventing itself with a high-tech economy and is experiencing a renaissance.
July 17
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The University of Michigan's preliminary July consumer sentiment index reading was 93.3, compared to the final June 96.1, and the preliminary June 94.6, according to market sources.
July 17 - Connecticut
The Connecticut Housing Finance Authority plans to sell $161 million in tax-exempt bonds in three series to finance single-family mortgages.
July 17 -
Municipal bond traders on Friday will be looking ahead to next week's hefty new-issue slate after a busy week that saw several large deals come to market.
July 17 -
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