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The U.S. Virgin Islands Water and Power Authority borrowed $14.8 million last week at a nearly 11% interest rate and plans to borrow $70 million more through bonds in the next nine weeks.
August 14 -
Federal Reserve Bank of New York President William Dudley said it isn’t unreasonable to expect the central bank to announce plans in September to start trimming its balance sheet and said he supports another interest-rate increase this year if the economy evolves as he expects.
August 14 -
The governor wants an amendment requiring a supermajority vote of lawmakers to raise taxes and fees.
August 14 -
A significant bond issue is on the town's special election ballot on Tuesday, Sept. 19.
August 14 -
Deteriorating infrastructure will drag down U.S. economy, contractors warn.
August 14 -
Build America Mutual, after surviving a credit watch with its double-A rating intact, posted mixed results in the second quarter.
August 14 -
The Democratic majority wants to override the changes Republican Gov. Bruce Rauner made to its school funding package.
August 14 -
West Virginia Parkways Authority General Manager Greg Barr said the agency is getting the ball rolling on the process to sell bonds to finance roads projects.
August 14 -
New Jersey’s Essex County neared the top of the bond rating charts 15 years after sitting in triple-B territory.
August 14 -
Federal Judge Juan Sánchez acknowledged the complexity of the case.
August 14 -
A new measure of the natural rate of unemployment implies “the elimination of labor market slack,” according to an Economic Letter published Monday.
August 14 -
Scotland County Board of Commissioners voted in favor of applying for a loan not to exceed $27 million to finance several projects including the expansion of two schools.
August 14 -
About 40 people gathered to discuss concerns about the proposed Victoria Independent School District, Texas' $141.2 million bond proposal in a forum Sunday afternoon.
August 14 -
Top-quality municipal bonds were mixed at mid-session, according to traders, as the market prepared for this week’s $6.7 billion new issue calendar.
August 14 -
The state of Maryland is expected to bring $1.34 billion over two competitive sales, bringing the possibility of resetting the municipal yield curve.
August 14 -
Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 1.015% high rate, down from 1.040% the prior week, and the six-months incurred a 1.115% high rate, off from 1.140% the week before.
August 14 -
A bankrupt Texas issuer hasn't missed a bond payment, in contrast to the default of an issuer that hasn't filed.
August 14 -
The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
August 14 -
Consumers’ inflation expectations held for one-year, but dipped for the three-year horizon, according to the July Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.
August 14 -
Health and Educational Building Corp. chief Robert Donovan cited a wave of refinancings.
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