Investments

New York City sold $950 million of general obligation bonds on Tuesday after retail buyers flocked to the deal a changes to the tax laws loomed in Washington.

Lawmakers Monday authorized issuing the voter-approved debt, including the first sale of $800 million soon.

New Jersey is cutting salaries for Atlantic City firefighters after a court limited staff reductions under the state’s Municipal Stabilization and Recovery Act.

Racine County's rising debt burden to support the Foxconn complex cited by Moody's.

Wayne State University's partnership with a private developer may serve as a model -- especially if the pending tax law bans private activity bonds.

New York City’s general obligation bond offering was raised by $100 million to $950 million after a record number of retail buyers expressed interest in the deal.

Retail buyers grabbed New York City’s big general obligation bond offering while several large negotiated and competitive deals hit the market on Tuesday.

Banks often demand key terms of private placement documents be redacted when issuers want to disclose them and questions of materiality arise.

The U.S. higher education sector is facing some challenges as 2018 dawns, S&P Global Ratings senior director Jessica Matsumori tells The Bond Buyer. Tax reform, affordability and tuition discounting are just a few of the tests higher ed may see in the coming year. John Hallacy hosts a lively discussion of the sector, which currently has an overall stable outlook.

The municipal bond market will face a second busy day as more supply is set to hit the screens on Tuesday.

The goal is to provide bond investors with easy access to the port's financial data.

The combined Illinois-based Advocate Health Care nor Wisconsin-based Aurora Health Care would be the 10th-largest healthcare nonprofit.

Chicago's new borrowing entity brings $575 million of sales tax securitization bonds to market this week.

New York City offered $850 million of general obligation bonds to retail buyers while the Metropolitan St. Louis Sewer District, Mo., presented a $317 million refunding deal to retail investors and the Pennsylvania Turnpike’s $260 million of bonds priced.

The fiscal control board is ordering nearly $18 million in cuts to all departments citing revenue uncertainty in the $2.99 billion budget.

A portion of the Oklahoma Turnpike Authority's $410 million deal may well be its last advance refunding.

Municipal market participants are preparing and bracing for a market without advance refundings and perhaps private activity bonds as major tax changes draw closer. Municipal issuers are coming together and giving the market one last gasp of these types of bonds before they are no longer allowed to do so and in the process, have created what could potentially be a historic $17.4 billion of issuance.

New York City offered $850 million of general obligation bonds and the Metropolitan St. Louis Sewer District, Mo., offered a $317 million refunding deal to retail investors on Monday as the Pennsylvania Turnpike came to market with its bonds.

Investors plan to make the most of the volume blitz and higher yields in the last month of the year, as issuers rush to market ahead of a sweeping tax law overhaul.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills rose on Monday, as the three-months incurred a 1.290% high rate, up from 1. 285% the previous week, and the six-months incurred a 1.450% high rate, up from 1. 435% in the prior week.