Investments

The Badger state is joining the list of issuers moving up refunding deals that are under threat from tax reform.

The Natchez-Adams School Board took steps toward borrowing $34 million.

The Joplin School Board saved almost $3 million by refinancing bonds.

The rush to market ahead of tax reform is set to begin, as a $11.743 billion new issue slate looms for the upcoming week.

Cook County will cut jobs and lay off some workers to plug the budget hole.

Contract saves the city about $9 million by locking in a more favorable rate with Great Lakes Water Authority.

The municipal bond market is getting set for the Thanksgiving holiday as it looks ahead to next week’s $11.73 billion new issue calendar.

The Treasury Department said Wednesday it will auction $42 billion 91-day bills and $36 billion 182-day discount bills Monday.

Regional consolidation would boost business investments and fend off needless duplication and competition, a fiscal watchdog said.

Halting tax-exempt advance refundings at the end of the year, as proposed by both pending tax bills, would increase issuers’ costs, deprive them of savings for new projects, and push some to enter into swaps that could increase their risk.

A budget without big new tax hikes was an easy sell for Chicago aldermen despite looming pension clouds.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index rose two basis points to 3.95% from 3.93% in the prior week.

Underwriters priced the New York Metropolitan Transportation Authority’s $2 billion advance refunding deal for institutions on Tuesday, the last big offering of the week.

New York's mayor says realized money will more than offset increased spending for fiscal 2018 and 2019.

The land swap is one of the obstacles that must be cleared to build Wayne County a new jail at a new site.

Tom Enright and Rick Hursh are managing directors of the firm’s new capital markets office in Indianapolis.

Illinois follows up its $6 billion of October borrowing with $750 million of new money GOs.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. In secondary trading, municipals turned weaker.

The board approved a resolution and proclamation of a school bond election in 2018, which will ask voters to approve general obligation bonds up to $10 million.

Pasco School District officials will have to wait on the edge of their seats a little longer to learn the fate of a $99.5 million bond.