Capital markets

Two of three sales in Connecticut’s recent bond offering set record retail orders, said state Treasurer Denise Nappier, while spreads continued to drop.

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

One of Baird's new bankers expands its presence in the Chicago region.

Moody's Investors Service raised the county to Aaa from Aa1.

Bond volume in the region fell sharply in the first half of 2018, though one expert saw the 16% drop as better than anticipated.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.

Municipalities had less need for borrowing to bridge gaps in cash flow and therefore curtailed their issuance of notes

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

Chicago is accepting request for qualification submissions to supplement the members of its existing pools.

Studies of the pricing benefits of the two approaches have been far from conclusive.

S&P Global Ratings dropped the Ohio-based system four notches to BBB.

The rating agency assigns a stable outlook to the Silicon Valley city.

Moody's Investors Service cut its rating to A2 from A1.

The state's $920 million GO sale is its first since it adopted a new budget and Moody's raised its rating outlook.

Moody’s cited the Pennsylvania city’s continued reliance on its 2013 utility sale to sustain operations.

S&P last week downgraded the transportation authority, citing weak debt-service coverage.

The state expects to come to market with an $889.1 million general obligation sale in three tranches.

“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.

The Hutchinson Shockey name will continue after its acquisition by Ohio-based Huntington Bancshares.