Subject Root Tag

There is no consensus on the content or how to pay for it in an election year where nothing is expected to get done after the summer and everything will be very politically sensitive.

Four senators released a proposal to deal with the Bluegrass state’s unfunded pension obligations.

Gov. Eric Greitens faces a felony charge that could lead to impeachment proceedings.

The average funded ratio of suburban and downstate Illinois public safety funds is 51%.

John Cross, the Treasury Department's associate tax legislative counsel, said the existing tax rules are clear on advance refundings of taxable debt.

Bernalillo County and Albuquerque both can issue industrial revenue bonds, but over the past five years, the county has approved 26 such proposals to none from Albuquerque.

Rhode Island voters give the public schools a passing grade and two-thirds of them support the proposed $250-million state bond issue for public school repair and construction.

Municipal bond volume across the eight-state Southwest region in 2017 fell 9% below its 2016 record.

The municipal bond market will see $4.8 billion of bonds fly in this week topped by deals from Baltimore County, Alabama Black Belt Gas and the New York State Thruway along with two airports offerings from Houston and Los Angeles.A smorgasbord of bonds is heading our way this week. The new-issue deal calendar stands at $4.8 billion.Baltimore County, Maryland, headlines the slate with four competitive sales of notes and bonds totaling $837 million.Alabama's Black Belt Energy Gas District will sell a $650 million offering.The New York State Thruway Authority will also make a splash with a $600 million deal.And two airport deals -- a $435 million sale from Houston, and a $376 million offering from Los Angeles -- are also making waves.

The municipal market sees a lighter-than-average supply slate of $4.8 billion head their way this week.

A state-by-state review of 2017 issuance in the Northeast.

Municipal bond volume remains on mountaintop

Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.

Texas factory activity, as measured by the production index, “expanded at a faster pace in February.”

U.S. sales of new homes unexpectedly fell in January to the lowest level since August as borrowing costs rose and winter weather depressed demand.

The Chicago Fed National Activity Index for January decreased to 0.12 from a downwardly revised 0.14 in December.

Monetary policy targeting a federal funds rate between 1.25% and 1.5% is appropriate, Federal Reserve Bank of St. Louis President James Bullard said Monday.

A fear of the end of private activity bond tax-exemption led some sector issuance to surge in 2017.

Even though interest rates have not risen as fast as the bond insurance industry hoped for, and 2017 saw the contraction of an active insurer, the bond insurance wrap remains relatively stable in terms of market share.

Volume of $48.05 billion indicated a strong short-term need on both the buy-side and sell side of the municipal market.