Investments

The first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday as the board’s $64.9 million of dedicated capital improvement tax bonds were priced.

Two Pullman bond elections were declared valid Tuesday by just 68 votes, according to county elections officials.

Without tax-exempt private activity bonds, charters would have to turn to more expensive and restrictive capital sources.

With overwhelming voter approval, the community of Sibley can now move closer to completing an outdoor aquatic center project.

Only one of the two proposed bonds for Ardmore City Schools that went before voters on Tuesday was approved during a special election.

Drew Smith, a former operative at the Massachusetts treasury, is Boston's new city treasurer.

Two big deals from Illinois issuers are scheduled for sale on Wednesday as the Chicago Board of Education gets set to hit the market with the first part of its double-barreled offering and Illinois toll bonds are slated to be priced.

If Congress passes the pending tax bills, BABs and more than $85B of mandatory federal programs would be jeopardized.

Approximately $900 million of costs would be financed through sales tax revenue bonds.

Voters' decision to dissolve the Dallas County Schools transportation agency is positive for holders of the agency's junk-rated bonds but negative for noteholders, according to Moody's Investors Service.

The biggest share of the funds, $31 billion, would be used to rebuild homes.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

The repayment of $80 million in lease-backed debt remains entangled in the standoff.

Budget secretary Benjamin Barnes' latest revenue estimate comes two weeks after lawmakers passed a $41.3 billion biennial spending plan.

The Pasco school bond vote remains too close to call.

Daryl Clements, Portfolio Manager of Alliance Bernstein, discusses strategies for sound performance in tobacco, healthcare, senior living, and stressed entity bonds. He focuses on the importance of spreads to relative value. In the wrap up, he focuses on the benefits of active versus passive management. Hosted by John Hallacy.

Chicago officials want to highlight the distinctions between the highly rated new securitization and the city's general obligation bonds.

Public school systems will face financial tests if the state seeks to reduce school aid or increase pension contributions, according to S&P.

Issuers of conduit debt would lose their primary purpose if Congress eliminates private activity bonds.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.