Subject Root Tag

Top-shelf municipal bonds ended mixed on Friday ahead of a smaller-than-average new issue calendar that is dominated by a variety of offerings from the Dormitory of the State of New York.

Northwestern was assigned a negative outlook on one of its triple-A ratings.

Issuance of municipal bonds fell 33.9% to $26.7 billion compared to $40.4 billion in September 2016.

Keys Energy Services estimates $32 million in damages from Hurricane Irma, and FEMA will cover most of it.

Top-shelf municipal bonds were unchanged at midday, according to traders, who are looking ahead to next week’s smaller-than average $4.97 billion new issue calendar.

Lucy Hooper, a member of the MSRB since 2014, will take the helm as chair effective Sunday.

The Rhode Island Infrastructure Bank is working to upgrade the state's poorly-rated infrastructure.

The rating agency cited the backing of the authority's transportation revenue bonds by a gross lien on operating revenues.

The firm, which returned this year to public finance, hired five bankers in Texas, Florida, Illinois and New York.

The University of Michigan's final September consumer sentiment index reading was 95.1, compared to the preliminary September 95.3, and the final August 96.8, according to market sources.

The Chicago Business Barometer rose to 65.2 in September from 58.9 in August, the ISM-Chicago reported on Friday. It was the highest level in three months and the second highest in over three years.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar, which will be headlined by deals from a New York State issuer.

Personal income rose an expected 0.2% in August while a weaker-than-expected 0.1% rise in the core PCE price index cut the year on year rate for core inflation growth to 1.3% from 1.4% in July, the Commerce Department reported Friday.

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index was higher to 4.02% from 4.01% the previous week.

The payoff comes as the district takes out new tax anticipation notes.

Rep. Nydia Velázquez says Trump's 10-day waiver of Jones Act won't help Puerto Rico.

The New Jersey Economic Development Authority achieved strong demand during Wednesday’s $350 million school facilities construction bond sale to help generate millions in savings for the Garden State.

The U.S. Virgin Islands responded to Fitch Ratings’ withdrawal of the islands’ ratings by saying that the government will directly provide financial information to investors.

Wayne County decision on jail site to come in December

Chicago-based Mesirow Financial is bulking up its municipal team with several hires on both coasts.