Capital markets

Issuers rushing to close PABs and refunding deals propelled issuance past the single-month record set before 1986 tax reform.

Municipal utility districts on the Texas coast enter 2018 with a stable outlook, according to S&P.

While the new tax law may portend a difficult year for the municipal market, higher short-term rates and low supply should propel demand in 2018.

Gov. John Bel Edwards said lawmakers must agree to replace $1 billion in expiring revenues by Jan. 19 or he will cut the budget.

North Dakota county loses investment grade as it prepares to open new jail.

Ingalls Health System in south suburban Chicago was downgraded one notch to Baa3 by Moody's Investors Service.

New Jersey is planning more than $200 million in borrowing for new government office buildings amid opposition from many in the state's capital city.

Indiana’s experience provides a roadmap for what can go wrong in a private partnership, though it's not indicative that the funding technique is flawed.

A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.

As the exact language of the final tax legislation looms, municipal market participants eager wait to see how it pertains to private activity bonds, there will be $11 billion of issuance awaits as issuers make one final push.

Moody's dropped Wood County Hospital Association to Ba1 and assigned a negative outlook.

The rating agency will continue to monitor financial developments in Connecticut's capital city.

In the week ended Dec. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index nudged up to 3.91% from 3.90% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Tim Blake of Moody’s Investors Service talks with The Bond Buyer about why the level of pension funding is now linked to the ratings of state and localities and shares the firm’s views on the financial realities many municipalities face today. John Hallacy is host.

S&P Global Ratings does not see an immediate credit impact for local governments and agencies impacted by the Southern California fires.

The state-supported Kentucky university’s bond rating was downgraded to A-plus by S&P Global Ratings.

Seth Magaziner said the session with Moody's, Fitch and S&P representatives enhanced transparency.

BondWave LLC, a financial technology firm focused on fixed income solutions, is bring on Pete Newman as vice president of sales.

Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.