Investments

The National Association of State Treasurers wants Congress to know its top priority is preserving the muni tax exemption.

Municipal bonds were mostly stronger at midday ahead of the week's attractively sized new issue slate.

The 2007 bond authorization for the Cancer Prevention Research Institute of Texas is nearly tapped out, sparking debate about what comes next.

Attention in the municipal bond market turns westward as some of the week's biggest deals will be coming from Hawaii, Washington state and the Los Angeles County Metropolitan Transportation Authority. Buyers will see the biggest issuance week of the year as $7.2 billion of deals will hit the screens.

The San Diego-area system is issuing municipal debt to fund its acquisition of for-profit Northcentral University.

Weaker operating results led S&P Global Ratings to lower its outlook for the Evanston, Illinois-based university.

Municipal primary volume will surge to $7.2 billion in the week of Feb. 4 from a revised total of $3.8 billion the previous week.

PFM says the acquisition will broaden its reach into special districts and land-secured municipal financings in Florida and across the country.

With extreme weather more frequent, investors and rating agencies are scrutinizing the effects of resiliency measures on municipal budgets and reserve levels.

Ipreo forecasts weekly bond volume will surge to $7.2 billion from a revised total of $3.8 billion this week.

The compromise does not include a full federal takeover of the New York City Housing Authority, which the federal agency had threatened.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 4.11% the week before.

Ruling may lead to the requirement to pay interest on the bonds despite the Employees Retirement System bankruptcy.

The N.Y. Metropolitan Transportation Authority sold over $1 billion of securities Thursday as munis ended stronger.

S&P Global Ratings says Detroit's Local Development Finance Authority's collections haven't been enough to cover debt service payments on subordinate bonds issued in 1997.

Issuers say a variety of factors make it difficult to get audits in any faster.

Municipal bond issuance was not much changed from the start of 2018, marking the second year in a row volume got off to a slow start.

The Hawaii finance team doesn’t expect the market’s volatility to hamper buyer interest.

Improved financial conditions bolstered by additional state aid drove cash-strapped Jamestown, New York back to investment grade following years of budget deficits.

The New York Metropolitan Transportation Authority sold over $1 billion of securities Thursday.