Investments

Discussion of a proposed $70 million sewer bond issue dominated the Terre Haute City Council’s monthly sunshine meeting Thursday evening.

Amid East Coast transit systems' overcrowding and strained capital budgets, advocates tout ferries as low-cost alternatives.

Luzerne County’s debt refinancing package turned out much better than planned.

With a tax bill on the table that places the cost of tax cuts on the municipal finance market, the time to voice opposition is now.

The largest municipal bond insurer said third-quarter net income fell 57% due to an increase in loss reserves for Puerto Rico hurricane damage.

Top-shelf municipal bonds were stronger on Friday around midday, as market participants were still going over the details of the GOP tax reform bill.

Developers no longer plan to build a new Major League Soccer stadium in downtown Detroit.

A commission would examine transferring capital assets to a trust and building asset values to benefit pension plans.

The municipal bond market is still chewing over the details of the GOP tax reform bill, and considering its implications.

While yields on the 20-bond, 11-bond, and revenue bond indexes climbed two basis points in the week ended Nov. 2, the Bond Buyer 40 index's yield declined one.

Mayor Jim Kenney wants local control returned to the city’s junk-rated school district, which would come at a cost.

Market participants reacted negatively to the proposal in the tax reform bill to eliminate advanced refundings and private activity bonds, saying it would crimp volume and the savings issuers can get when rates fall. In the primary, strong demand met a Virginia issuer's $737 million PAB.

The U.S. Virgin Islands expects to get parts of an $800 million federal loan by mid-November.

Nine states, including Texas and Virginia, received the lowest D-minus grade from the Volcker Alliance for handling retirement costs.

Strong legal and structural protections earned the debt top grades from Kroll and Fitch. S&P wasn't as bullish.

The referendum asks voters in Mecklenburg County, N.C.’s to approve bonds for schools.

Moody's cited the city's reliance on nonrecurring revenues.

Moody’s Investors Service moved the outlook to negative in advance of a $40 million revenue bond sale.

Municipals and Treasuries were stronger around midday, with the GOP releasing some details of its tax bill and ahead of President Trump’s expected nomination of Jerome Powell as Fed chair.

The university has overspent by $25 million annually for four years, its president says.