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Santee Cooper and South Carolina Electric & Gas monetized all but one payment of the $2.17 billion they expected to receive from Toshiba.

The proposed rules would be updated to cover all PABs and recognize electronic communications.

The proposal would benefit bondholders without helping PREPA rebuild the power grid, a government statement said.

Top-shelf municipal bonds were weaker again on Thursday amid ripple effects from the tax reform news announced the day prior.

The withdrawal or reduction ofederal support for healthcare funding would damage the state budget.

RBC Capital Markets announced today the addition of Steve Fortenberry as a vice president in the firm’s K-12 practice of the Texas municipal finance group.

The Treasury Department auctioned $28 billion of seven-year notes, with a 2 1/8% coupon and a 2.130% high yield, a price of 99.967545.

The rating agency says Assured Guaranty and Build America Mutual are open to a traditional bond refinancing, not a bond restructuring or a haircut.

The last issuance of the week started to come in on Thursday, as munis were weaker still.

Sean McCarthy, CEO of Build America Mutual, talks about the state of the municipal bond insurance industry, what has changed since BAM was founded five years ago, and how much exposure it has to the areas affected by hurricanes Harvey and Irma.

The Treasury Department said Thursday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "continued to expand at a solid pace and … firms remained optimistic about the future."

The last issuance of the week is expected to drift in on Thursday, on the heels of yields jumping after details of tax reform were released.

Fitch Ratings said it has withdrawn its ratings for the United States Virgin Islands and the USVI Public Finance Authority.

Initial claims U.S. state unemployment benefits rose by 12,000 to 272,000 in the September 23 week, above the 265,000 level expected.

Second quarter GDP growth was revised up slightly to a 3.1% annual rate from the 3.0% pace in the second estimate.

Federal Reserve Bank of Boston President Eric Rosengren said the central bank should raise rates in a “regular and gradual” way.

The tax reform plan does not mention munis and market participants would rather see it in writing than have assurances from the White House.

Puerto Rico's power authority said it may take more than six months to restore electricity and there was a report that the Oversight Board was ready to revise the amount of debt to be paid in the next nine years.

Bonds were hit hard as tax reform details were disclosed.