Investments

The board's adversary proceeding has implications for both the authority’s bonds and the finances of the many Puerto Rico government entities that pay rent to the PBA.

Municipal bonds outperformed other asset classes in 2018 and it looks like the trend will continue into the new year, a trader said.

A federal judge sided with the private passenger train project and tossed out a suit by Indian River County, Florida.

Municipal bond activity is light as the market is mostly in vacation mode with no major bond sales scheduled until 2019. Nervous investors continued to flock to the safety of bonds amid political developments in Washington and worries of decelerating global growth.

Muni regulators are expected to slow the pace of new rulemaking and focus on enforcement in 2019, with an emphasis on continuing disclosure.

The spending plan uses money generated by a new online sales tax and funds unspent by state agencies.

Detroit Public Schools Community District may opt to get its own bond rating or seek private funding if it can’t get help from the state.

Muni market professionals would welcome a long-term transportation bill, and some believe the new year offers a window.

While stocks are suffering still and there is a chance of a government shutdown, municipals strengthen yet again to close out the second to last week of the year.

Detroit Mayor Mike Duggan will name a permanent replacement for the departing John Hill in the spring.

UMB Bank also wants the Florida Department of Transportation to pay $75 million in damages.

The employment numbers are additional signs that the post-hurricane growth period is taking a pause.

With stocks and equities continuing their sell-off, munis continue to flex their muscles — even with a budget showdown in Washington taking place.

The agency met an important safety-law deadline and will implement a new law designed to improve its transparency and require better budget planning.

The Independent Budget Office expects city debt service to rise to $8.4 billion in fiscal 2022 from $6.8 billion in fiscal 2020.

Hiring, firings, corruption, the new tax law and a volatile political climate shaped The Bond Buyer's list of most-read articles of 2018.

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 4.13% the week before.

The municipal market held firm on Thursday, as new issuance for the year ground to a near halt amid demand for safe investments.

Funding levels for grant programs won't be set until next year.

The census figure discrepancy highlights the likelihood of revisions to the fiscal plan governing repayment of the territory's debt.