Investments

DASNY finished the first half of 2018 as the nation’s second largest issuer with $3.2 billion in bonds sold.

Massachusetts and Texas will be in the market next week as the unofficial summer season winds down during the last week before Labor Day.

James J. O'Neil received a 12-month suspension from the market for his role in the flipping and kickback scheme.

Legislation pending in both the Senate and House would eliminate private activity bond volume caps for water and sewer projects.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.01% from 4.02% the week before.

The New York State Thruway Authority is on the road to completing a decades-long reconstruction project for a heavily-traveled stretch of Interstate-95.

Deals from New York and Massachusetts led the new issue slate on Thursday as the last of the week’s supply came to market.

Citi's assessment is conditioned on pension obligation bonds being part of a package to tackle the city's pension liabilities.

Issuance was down 27% in the region from the first half of 2017, and almost 30% in California, its largest market.

Municipal bond market participants are seeing the last of this week’s new issues come to market on Thursday, led by issuers from New York and Massachusetts.

The now-defunct unregistered broker-dealer Core Performance Management, LLC, and four of its former employees settled fraud and MSRB rule violations with the SEC for engaging in municipal bond flipping and kickback scheme.

With all the wrongdoing by powerful players in the public and private sectors, it appears very likely that these players may owe lots of money to bondholders.

Illinois offered top yields to draw strong demand for its $966 million general obligation refunding.

Governor rejects ending Christmas Bonus or cutting pensions.

Both the big Illinois bond deal and the giant Texas note sale were warmly received by investors Wednesday.

A report on cyber-related risks released Wednesday by S&P Global warned that “a successful attack on an entity with limited resources could have a credit impact.”

The bonds will pay for renovations and the addition of a new building.

Moody's Investors Service dropped Beloit College's rating two notches to Ba1 from Baa2.

Lawmakers will consider internet sales taxes, electric and hybrid vehicle user fees, a state lottery and bonds to fund transportation projects.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.