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The $1.4 billion span would mark the second major bridge that the two states have built together following the $2.6 billion Ohio River Bridges project that opened in 2016.

The rating agency cited the Illinois county's accumulated reserves, as well as required pension contributions for the move.

The Tax Cuts and Job Act will be up for renewal by the winners of the next election cycle

The upgrade to "reflects the durability of margins and liquidity, which will be supported by higher property tax receipts under the authorized levy and NBHD's efforts to grow and diversify revenue," Moody's said.

A state-by-state review of first half 2023 issuance in the Midwest.

Daily report for August 23, 2023

Tuesday's competitive new money sale is to be followed with a negotiated refunding deal later this week.

This week's new-issue supply needs to be "priced to sell to pique investor interest," said noted Nuveen's Daniel Close and Anders S. Persson.

The state did not rule out a future public-private partnership but said it's current focus is on public funds.

José Pérez Riera will fill the post that has been vacant for over three years.

The budget impasse is closely watched by cities, colleges and other government entities that receive federal aid.

Mainly attributable to high inflation and increasing interest rates, costs have been increasing for retail sized trades but remained steady for institutional sized trades.

Issuers in the Midwest sold $32.6 billion of debt spread over 1,223 deals in the first half, down from $40.5 billion a year earlier.

Tracey Manzi, senior investment strategist at Raymond James, talks with Chip Barnett about the fixed income markets today and how munis and Treasuries are doing. She says the number one issue clients are asking about is inflation. (20 minutes)

A state-by-state review of first half 2023 issuance in the Southwest.

The State Trunk Line Fund deal is the latest to fund the state's $3.5 billion bond authorization for highways. After this deal $700 million remains.

Daily report for August 22, 2023

Continued pressure on the UST market coupled with the end of the summer reinvest may begin to test new issues as investors are able to be more selective.

In a hearing held by the Department of Treasury and Internal Revenue Service, representatives for local governments and public power agencies expressed what they see as essential in getting the most out of the Inflation Reduction Act's tax credits.

The governor said a bill authorizing non-home rule local governments to enter into public-private partnerships created the potential for corruption.