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The city still plans to refund its outstanding water debt under its own revenue bond credit.

The Treasury Department Tuesday auctioned $20 billion of 364-day bills at a 1.485% high yield, a price of 98.498500.

Cumberland County's debt management committee approved moving forward with the issuance of general obligation school bonds.

Municipals continued to strengthen as the first of the week's issuance starting to roll in on Tuesday, including the second biggest deal of the week.

Issuers were honored in eight categories, and all the award winners are also finalists for the national Deal of the Year award, which will be announced at a Dec. 6 ceremony held at 583 Park Avenue in New York City. The winner will also be revealed online at BondBuyer.com later that evening.

The House GOP bill, if passed, would lower feasibility of P3s, Fitch said.

Municipal yields were down by as many as seven basis points amid concern that tax reform may crimp supply.

Advance refundings were 27% of market last year, PABs were 19% and most were 501(c)(3)s.

Creditor groups have come down on both sides of a hedge fund's constitutional attack on the PROMESA oversight board.

Construction of the bond-financed stadium for the Raiders was to begin this fall.

The Metropolitan Pier and Exposition Authority will price $475 million, burdened by its link to the state's bond rating.

James Joseph, the state bond advisor for 22 years, resigned after legislation made his post part of the treasurer's office.

Newly issued Treasury securities held in stripped form increased about $7 billion in October to a total of $263.368 billion, the Bureau of the Public Debt reported Monday.

With the underlying growth potential of the economy hard to pin down, targeting a price level could be effective, Federal Reserve Bank of San Francisco President John Williams argues.

“This is a work in progress,’’ said Rep. Jackie Walorski, R-Ind.

Randal K. Quarles was sworn in as a member of the Federal Reserve Board of Governors and as vice chair for supervision on Monday, the Fed said.

Arlington, Texas planned to issue $500 million of tax-exempt bonds in 2018 for a Major League Baseball venue.

Retail and institutional municipal bond investors hope volume of nearly $9 billion is a sign of consistent elevated weekly volume for the remainder of the year.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday.

The Treasury Department said Monday it will sell $50 billion of four-week discount bills Tuesday.