Capital markets

The spending plan still relies heavily on sales tax growth, according to S&P Global Ratings.

CFO Jack Wetzler said analysts’ emails were accidentally overlooked, prompting the negative rating action.

The rating agency calls on the commonwealth to match recurring revenues with expenses.

The toll revenue bond deal will put the authority's debt under one indenture.

Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.

The state plans a $4.5 billion negotiated sale and $1.5 billion competitive sale.

Weekly volume in the primary municipal bond market is expected to almost reach $10 billion in what should be the busiest week in 14 weeks – just in time to close out the third quarter on a good note.

Each FHLB regional bank has its own selection criteria, but they look for a real estate portfolio.

The story behind a state’s rainy day fund should be weighed heavily, some municipal analysts said at a recent event.

House Majority Leader Dave Reed blames 'a small group of unknown people' at S&P for the state's downgrade while the Senate rejects a House revenue plan.

Top Republicans say they will meet with Democratic Gov. Dannel Malloy, who vows to veto the GOP-backed budget.

Declining state aid makes districts more reliant on local taxes to fund operations, said Moody's Investors Service.

Florida’s share of hurricane-related costs will weigh on the state as it nears a structural budget imbalance.

The authority, which runs Greater Boston mass transit, intends to sell the bonds as part of a $574 million competitive sale.

S&P Global Ratings cited fiscal shakiness while Gov. Tom Wolf called for an end to the budget impasse.

A tax policy conflict between Minnesota's Democratic governor and Republican lawmakers remains unresolved.

While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.

The underwriter is banking on strong demand for high-yield bonds.

Moody's revised the Missouri city's outlook to positive.

Barclays Capital plans to price the Cal regents deal Tuesday.