Subject Root Tag

The municipal market will get another healthy dose of issuance in the final full week before Thanksgiving. The calendar is chock full of deals from Illinois, as all issuers look to price bonds before the tax laws change.

The 20% corporate tax rate also would have an adverse impact on the muni market.

The par value of bonds guaranteed by BAM rose 3.4% from the third quarter last year, even as overall market new-issue volume fell 16%.

The GO bonds for climate change and housing will boost the economy, Moody’s says.

The loss of Southwest means enplanement costs go up, reducing its competitive advantage over nearby Detroit.

Chicago's Board of Education is pricing more than $900 million, citing positive rating actions and a better balance sheet.

While some buy side analysts see a supply “nightmare” following the tax reform proposal, others are looking for opportunities to "stock up" on munis.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was lower to 3.92% from 4.00% last week.

Municipal bonds were markedly weaker at midday as market participants remain fixated on the newly released Senate tax reform proposal and how it compares with the House version.

Several big names in the muni market will be part of a new SEC committee

The Pasco School District bond is now passing.

Mayor Jim Kenney's vision could provide more fiscal certainty for the school district at the expense of city finances, according to Fitch Ratings.

With an ordinance for $70 million in Terre Haute Sanitary District construction bonds facing certain defeat, Mayor Duke Bennett’s administration requested and the City Council Thursday agreed to withdraw the measure.

Municipal bond market participants are scanning the news closely for details of tax reform provisions that affect them.

Though Federal assistance may have helped lessen the impact of Hurricane Maria, analysts said there are still "plenty of reasons to worry" about the government's ability to function.

The University of Michigan's preliminary November consumer sentiment index reading was 97.8, compared to the final October 100.7.

The muni market would fare better in the Senate Republicans' tax reform proposal, which would preserve private activity bonds and enhance them through the repeal of the alternative minimum tax. However, advance refundings and the SALT deduction would be terminated, a "one-two punch" for state and local governments.

Growing pension costs cost the city a rating notch.

The Illinois Finance Authority authorized a passel of deals that would be outlawed by a GOP tax bill.

The mill will recycle waste paper and corrugated containers.