Investments

Local districts and governments are requesting a bit more than half of the record $11.7 billion sought last November.

Allegheny County Executive Rich Fitzgerald wants to raise nearly $114.5 million through issuing bonds to pay for the county's capital budget.

A $1.4 billion sale from New York Transportation Development Corp., for Delta’s redevelopment at LaGuardia Airport is the bellwether deal of a near $8 billion week of new issuance. This will mark the first time in six years that Delta has issued in the tax exempt market and will be the second largest airline special facility bond ever completed in the municipal market.

The muni market is eagerly awaiting the $1.4 billion Delta deal to kick off the week's activity.

The Montgomery Independent School District is getting a new scoreboard with a price tag of $800,000.

Northeastern voters will go back to the polls May 8 to decide whether to support $119 million in new schools in the district.

The Connecticut Housing Finance Authority expects to finance 695 mortgages for first-time home buyers through its planned $118 million issuance of fixed-rate bonds.

As the Electronic Municipal Market Access website enters its second decade, look for a series of investor-focused enhancements, including streamlined design and more intuitive navigation.

New York mayor Bill de Blasio claimed progress in addressing the challenges of population growth, aging infrastructure, increasing inequality, and climate change.

The action set the stage for the city’s exit from direct state supervision later this month.

The Financial Oversight and Management Board for Puerto Rico approved the plan by a 6-1 vote Thursday after negotiations with the commonwealth’s government failed.

With tax season in the rear view mirror, supply is set to rise to $7.8 billion as demand rebounds.

The deal absorbs the debt of newly acquired systems, and SSM says it will "materially" lower interest.

The new site is designed to drive investment in the Massachusetts capital.

The commonwealth plans a competitive sale for the $500 million in fixed-rate, tax-exempt new-money general obligation bonds.

Next week's $7.8 billion new issue slate features airport and water deals coming from New York and Texas issuers.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged for the third week in a row at 3.99%.

Some say cheapness on the short end of the municipal yield curve is starting to boost investor demand.

The Puerto Rico Oversight Board’s new fiscal turnaround plan for the commonwealth may more than double debt payments to bondholders compared with earlier proposals.

One Democrat said the controversy showed the difficulty President Trump faces selling his plan to spur $1.5 trillion in infrastructure investment with an expansion of private activity bonds.