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Puerto Rico's governor presented a fiscal 2018 budget that allots at least $2.04 billion for pensions and nothing for debt.
June 1
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices fell four basis points to 4.07% from the previous week's 4.11%.
June 1
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Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.
June 1
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Top-rated municipal bonds ended mixed on Thursday as the last of the week’s bigger sales hit the screens.
June 1
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Moody's Investors Service has lowered the rating on the State of Illinois' general obligation (GO) bonds to Baa3 from Baa2, amid a prolonged political impasse that has prevented progress on a growing pension deficit and an increasing backlog of unpaid bills
June 1
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Gas tax, other fees in Oregon’s proposed 10-year road plan would raise $8 billion over 10 years.
June 1
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Fitch Ratings will now be discounting pension liabilities at a fixed 6% assumed rate of return.
June 1
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Louisiana Gov. John Bel Edwards called a special session to continue work on the state budget.
June 1
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Municipal market participants should not make the mistake of focusing only on the muni exemption in tax reform plans.
June 1
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New Jersey’s Atlantic County was revised to stable from negative by Moody’s Investors Service.
June 1
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A tax lawsuit against Scranton could have ramifications throughout Pennsylvania.
June 1
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Connecticut-based insurance behemoth Aetna confirmed relocation talks with other states.
June 1
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A California company will use private activity bonds to spin rice straw into a construction product.
June 1
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Top-rated municipal bonds were mixed at midday as the market was seeing the last of the week’s bigger sales hit the screens.
June 1 -
Construction spending unexpectedly fell 1.4% in April, with a declines in both residential and nonresidential building, data released by the Commerce Department Thursday morning showed.
June 1
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Illinois took a one notch downgrade from S&P Global Ratings leaving its general obligation debt at BBB-minus.
June 1
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New York State Assemblyman Robert Rodriguez, D-East Harlem, visits The Bond Buyer and touches on his initiatives pushing for more affordable housing units, Harlem’s economic renaissance with help from tax credits and the public finance background he brought to Albany. Hosted by Andrew Coen.
June 1
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The municipal bond market is in store for more volume as the last of the week’s bigger sales are set to hit the screens on Thursday.
June 1 -
Initial claims for U.S. state unemployment benefits rose by 13,000 to 248,000 in the May 27 week, above the 238,000 level analysts expected, but still near the decades-low levels seen in recent weeks, data released by the Labor Department Thursday showed.
June 1
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Pricing wires for negotiated bond offerings
