Investments

The district is promoting structural protections and fiscal gains as it prepares to go to market with a $260 million refunding.

If New York State legalizes marijuana, New York City could see as much as $336 million annually in new tax revenue.

The commonwealth expects to come to market Wednesday with a competitive issuance.

Bills that stripped territory from Stockbridge without apportioning its debt are credit negative for Georgia local governments and could impose higher borrowing costs.

Municipal bonds turned weaker on Tuesday as a wave of deals swept into the market.

The loss of advance refunding hurts community control and stymies local infrastructure investment.

Healthcare giant Catholic Health Initiatives now has a stable outlook on its Baa1 rating from Moody's Investors Service.

Ball State University's takeover of the troubled Muncie Schools will come as soon as July 1.

Raising its $15 million borrowing cap on local projects would smooth Minneapolis' borrowing process on more expensive projects.

The effort by bondholders to work together is seen as a "positive development," though their plan was quickly rejected by the government.

Using bond proceeds to fund a Jobs program would be illegal, says Barbara Parker, Oakland's city attorney.

Progress is being made by some states and cities while Congress is independently making incremental progress on airports and water projects, according to infrastructure experts.

Municipal bonds were mixed on Monday as buyers awaited the almost $10 billion of supply set to hit the market this week.

Citing risks to all of the state's pension funds, Gov. Phil Murphy conditionally vetoed legislation to enable a spinoff of the state’s Police and Firemen's Retirement System.

The Miami-Dade County School District improved its disclosure practices to provide better bond investor outreach.

The Illinois pension intercept law could pose rating strain but also force funding discipline over long term, according to S&P Global Ratings.

Muni portfolio manager J.B. Golden combats spread compression with defensive duration, laddering, premium bonds, and a tilt toward credit opportunities.

Municipal bond buyers are eagerly awaiting the biggest new issue calendar of the year, as almost $10 billion of supply is slated to hit the market this week.

Thanks to what one county official termed an "incredible" bond sale, Lee County will pay less interest than expected on a $33 million loan.

This week the municipal bond market is getting what it wants — and what it needs — more supply. Almost $10 billion of new deals are on tap in a calendar that will have something for almost everybody.