Investments

Orrick, Herrington & Sutcliffe and Assured Guaranty retained their positions in third-quarter rankings, while Build America Mutual rebounded from a stint on negative credit watch to capture its typical market share.

The report is “full of misinformation," according to Gov. John Bel Edwards' office.

Puerto Rico Gov. Rosselló pledged to have electrical service back in less than half the time than had been predicted in late September.

Given its size, the Prairie State's deal has potential to reprice the general market.

S&P lowered its outlook to negative, citing constraints from the four-month impasse.

Municipal bonds were unchanged at mid-session as the big New York City Transitional Finance Authority deal was priced for retail investors.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher on Monday, as the three-months incurred a 1.090% high rate, up from 1.085% the prior week, and the six-months incurred a 1.240% high rate, up from 1.220% the week before.

The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

Alum Rock schools’ facilities director made a side deal with a construction company for a middle school renovation, the school district’s attorney alleged in a confidential report.

Taxpayers in Indian Prairie School District will save $10.5 million as the district refinances bonds by issuing new bonds at a lower interest rate.

The municipal bond market will see more volume than it has in a while, as almost $10 billion of new deals are set to hit the screens this week.

The short-term lifeline will enable the commonwealth to make Medicaid payments while it will lacks a revenue plan.

The U.S. Virgin Islands government is seeking federal money to cover hurricane-related expenses and revenue shortfalls.

The primary muni market is set for nearly $10 billion in weekly volume, as deals from Illinois, New York and California dominate the calendar.

Moody's Investors Service said it upgraded the city of Detroit, Mich.'s issuer rating to B1 from B2.

Federal allegations of basketball recruiting violations could lead to sanctions that reduce revenues for the Louisville Arena Authority's bonds.

The prairie state plans $6 billion of general obligation borrowing over the next two weeks, offerings expected to lure investors with unusually rich yields for a sovereign state credit.

The record $2.5 billion of refunding bonds from North Texas Tollway Authority attracted $19 billion of orders.

Top-shelf municipal bonds were stronger at mid-session, according to traders, who are looking ahead to the next week's almost $10 billion new issue slate.

The District of Columbia transaction may have potential on a national level.