Investments

In early December a Puerto Rico government official said that he expected the fiscal year General Fund revenues to be 25% less than budgeted.

Recommendations released by a bipartisan New Jersey panel last week aimed at attacking the state’s beleaguered finances centered largely on combating soaring pension and benefit costs.

An "anemic" first quarter gave way to a much stronger second quarter for the muni market, SIFMA found.

With about $12 billion of new deals on tap, muni investors will have plenty of bonds to choose from.

The University of Texas is launching a $175 million project to remodel its famed football stadium as the university embarks on the 2019 fiscal year with a record budget.

Thanks to rising revenue and retirement of bonds eight years earlier than planned, Colorado's E-470 Authority can free drivers of a $10 registration fee that helped complete the beltway around metro Denver.

The public power agencies could see their ratings dropped if financial flexibility diminishes as a result of higher costs.

The state expects to come to market with an $889.1 million general obligation sale in three tranches.

The muni bond market will see almost $12 billion of new deals this week, but 2018's volume lags behind last year's.

Municipal bond buyers will see the largest new issue calendar of the year come to market this week as almost $12 billion of debt goes up for grabs.

It will seem like Christmas in August for municipal investors when nearly $12 billion of new issuance interrupts the dog days.

The bonds were issued by the Chester County Industrial Development Agency for West Chester University in Pennsylvania.

The deal to finance a long-stalled jail project marked the county’s return to the market after an eight-year absence.

The potential sale comes as asset managers grapple with narrowing margins as fees fall and regulatory costs mount.

The federal government ran a $76.9 billion deficit in July.

Escalating costs and project delays by the bond-funded high-speed train project are a concern for federal lawmakers.

Municipal bond volume soars to nearly $12 billion next week as supply-starved buyers await the new issue slate.

The city's struggles reflect those of northeast Pennsylvania’s depressed coal region.

Parkways Authority members on Thursday approved the last items of paperwork necessary for $172 million in West Virginia Turnpike bonds to close Tuesday.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose to 4.03% from 4.01% the week before.