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A sales tax increase to pay for a Tazewell County jail is still being collected although the building was paid off in 2011.

The MSRB backed off an effort to write a new rule on minimum denominations and will modify proposals on CUSIP numbers and muni fund securities.

The $145 million initiative is intended to fortify the Rockaway Peninsula.

The Treasury Department Monday sold $50 billion 37-day cash management bills at a 1.030% high tender rate.

The statewide total exceeds the previous record of $9.1 billion in November 2015.

Municipal bonds were little changed in midday activity as the market gets ready to see nearly $7 billion of new paper.

President Donald Trump plans to announce his choice for the next Fed chairman on Thursday, the day before he departs for a trip to Asia, a White House official said.

The Federal Open Market Committee meets in Washington this week amid uncertainty over who will lead the Central Bank. What do higher interest rates and a possible new Fed head this mean for the municipal bond market going forward?

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.130% high rate, up from 1.105% the prior week, and the six-months incurred a 1.260% high rate, up from 1.245% the week before.

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

Texas factory activity, as measured by the production index, “expanded at a faster pace in October,” according to the monthly Texas Manufacturing Outlook Survey.

Municipals were little changed in early activity as the market gets ready to see almost $7 billion of new paper come its way this week, led by issuers from Virginia and Maryland.

Personal income rose 0.4% in September as expected, while the core PCE price index was on target with another 0.1% gain.

Puerto Rico plans to cancel a $300 million contract to rebuild the hurricane-ravaged electrical grid that went to a tiny company based in Interior Secretary Ryan Zinke’s Montana hometown, the head of the island’s power utility said.

Rep. Mike Kelly, R-Pa., plans to propose PABs for public buildings as part of tax reform

Chicago Public Schools got a boost to BB-minus as the district readies a new money and refunding deal.

The Federal Emergency Management Agency said it has "significant concerns with how PREPA procured this contract and has not confirmed whether the contract prices are reasonable.”

Municipal bonds ended unchanged on Friday as the market geared up for a more manageable new issue calendar, led by Montgomery Co., Md., and the Virginia Small Business Financing Authority.

Cash and other resources comfortably exceed its potential liabilities, according to he Florida Hurricane Catastrophe Fund.

The Teachers' Retirement System saw double-digit investment returns but its unfunded tab grew.