News and Information from Bond Buyer

Transportation and transit projects would be eligible uses of ARPA funds under the bill, which also extends the deadline to spend the funds.

S&P lifted its outlook to stable on Minneapolis' AAA rating and Fitch went positive on its AA-plus rating.

The top bond counsel firms combined for a total of $341.96 billion in 9,065 transactions during the first three quarters of 2021, up from the $329.89 billion in 8,503 deals over the same period in 2020.

The $162 million tax-exempt new money deal is bolstered by two ratings upgrades and analysts say it will generate a lot of investor interest on Wednesday.

If commuters continue to work from home more often than in the office, their normal spending patterns on things like coffee and lunch will shift and impact business districts, neighborhoods and ultimately tax revenues.

Jeffrey Cleveland, chief economist at Payden & Rygel, discusses the Federal Reserve’s upcoming meeting, inflation, what taper will mean, when the Fed might decide to lift off, and possible leadership changes. Gary Siegel hosts. (30 minutes)

Despite a short-end U.S. Treasury rally, municipals face pressure on the one- and two-year as participants look to month-end positioning.

Judge Laura Taylor Swain contemplates dismissing the bankruptcy, which would leave bondholders in position to sue for full payment.

The fast pace of the Democratic negotiations may act in muni market's favor.

The state will help back the $200 million project through up to $17 million of municipal bonds to be issued by the Virginia Public Building Authority.

Goldman Sachs has joined three other top bond underwriters that haven't done Texas deals under a state law targeting firms with perceived anti-gun policies.

Florida gained 84,500 jobs in September, with the state’s unemployment rate falling under 5%.

Brad Lander and Daby Carreras jostled over whether the city's move is a sound investment and effective against climate change.

Options for the beleaguered transit authority include expanding its commuter rail base and cracking down on fare evasion.

The request for comments also asks whether the MSRB should amend the relevant rules or adopt/amend formal interpretive guidance that expressly defines a regulated entity's obligations with respect to new-issue pricing.

Fitch Ratings changed the outlook on the city's bonds to stable from negative ahead of the deal.

Volume falls slightly in the week of October 25 with total potential volume estimated at $7.408 billion: $6.036 billion of negotiated deals and $1.372 billion in the competitive market.

The full Chicago City Council will cast a final vote on a $4.4 billion bonding authorization and 2022 budget in the coming days.

The Internal Revenue Service has moved to mandatory electronic filing of its form which deals with direct payments of Build America Bonds and Qualified Zone Academy Bonds.

The case may turn on whether the SEC’s temporary order is capable of repetition and evading review.