Commercial banking

The $719.5 million of general airport revenue bonds will help finance an ongoing multi-billion-dollar capital improvement plan.

The Illinois Municipal Electric Agency agreed with 29 of its 32 members on new contracts that last until 2055, but the holdouts include two large customers.

The legislature, which returns to respond to recent floods, could also take up bills to curb local property taxes, including bills aimed at bond issuance.

Daily report for July 22, 2025

The primary market saw "decent subscriptions" last week, but the entire primary calendar came at "healthy concessions to where evals had been marked on existing bonds," Birch Creek strategists said.

The county comes to market on the strength of its recovery, according to the county's financial advisor.

First Southern LLC failed to timely and accurately report on trades executed for an affiliated hedge fund, FINRA said.

The bonds, scheduled to price next month, will have JPMorgan as senior manager.

Alex Tsepaev is the chief strategy officer at B2PRIME Group.