General obligation bonds

The complaint that seeks to void repayment of $14.3 billion of debt awaits a court decision on whether it can move forward.

The impact of defaults by non-GO bonds was negligible to nonexistent on the ratings of GO bonds issued by the same local governments.

While the best case scenario is a court dismissal, analysts think the state would support bondholders should the case goes against them.

Gov. J.B. Pritzker denounces the move as right-wing attack to harm the state's improved standing in municipal market.

Texas expects to see sizable savings by refunding general obligation bonds for water programs across the state.

The new mayor and council will take office after a bond issue resolves a longstanding back-pay lawsuit that the departing mayor once said threatened bankruptcy.

The city will bring $700 million of GO bonds in a tight window after an Illinois deal and before the city's mayoral runoff election.

Next week's Illinois GO sale will be a muni market referendum on the governor's budget, tax and pension proposals.

In his waning days, Chicago Mayor Rahm Emanuel won approval for several development projects and a new money GO issue.

York County, fresh off the Moody's upgrade, competitively prices the first of two general obligation bond issues Thursday.