- Louisiana
The Louisiana Bond Commission gave final approval to defeasing $210 million of general obligation bonds to provide the state with cash flow relief in fiscal 2015.
June 20 - Virginia
Standard & Poor's downgraded Petersburg, Va.'s general obligation rating four notches to BBB from A-plus citing weak budgetary flexibility and liquidity.
June 20 -
Competitive issuance this week appears to have reached its highest volume in the past seven weeks and next week should top that level.
June 20 -
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Indicator Last Report Forecast Actual Initial Claims 6/7: 318,000 6/14: 315,000 6/14: 312,000 Cont. Claims 5/31: 2.615M 6/7: 2.600M 6/7: 2.561M Leading Indicators April: +0.3% May: +0.6% May: +0.5% Philly Fed Manufacturing May: 15.4 June: 14.0 June: 17.8
June 20 -
Wisconsin Gov. Scott Walker participated in a "criminal scheme" to illegally coordinate fundraising and campaign activity among conservative groups fighting recall elections that targeted him and Republican state senators, state prosecutors allege in newly unsealed court documents.
June 19
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The Texas Transportation Commission increased the size of its general obligation mobility-fund refunding bond sale on Thursday because demand for municipals jumped as the market strengthened, according to investors.
June 19
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The Bond Buyer's muni bond indexes were mixed in the week ending June 19.
June 19
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Municipal bond fund inflows dropped by more than 50% this week. Inflows for all municipal bonds funds declined to $147.7 million for the week ending June 18 from $306.9 million the week before, according to Lipper FMI.
June 19 - Illinois
The 2013 actuarial reports for the two Chicago pension funds that were the subject of a legislative fix underscore their troubled conditions prior to the overhaul even as one reported a slight improvement.
June 19
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The Louisiana State Bond Commission plans to hire disclosure counsel to assist in determining if the state complied with continuing disclosure requirements as it weighs the SEC's MCDC initiative.
June 19
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San Bernardino announced Thursday morning that it has reached a tentative agreement with the California Public Employees' Retirement System on missed payments included in the city's Chapter 9 bankruptcy filing.
June 19 -
Kroll Bond Rating Agency has expanded its public finance team with the addition of four municipal bond veterans, stepping up its challenge to the big-three rating agencies.
June 19
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Standard & Poor's Ratings Services said it lowered the long-term and underlying ratings by one notch to A-plus from AA-minus on bonds issued for Vanderburgh County, Ind., by Evansville-Vanderburgh County Building Authority.
June 19 -
As Detroit released preliminary bond documents for next week's $185 million streetlight sale, Fitch Ratings assigned a BBB-plus to the borrowing, saying it believes the utility tax revenues pledged to the bonds are not at risk in the city's bankruptcy.
June 19
