Investments

A planned overnight short-notice vote failed to materialize amid continued tweaks.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar.

Puerto Rico Title III bankruptcy judge Laura Taylor Swain rejected a motion to lift the stay on the Puerto Rico Electric Power Authority's debt litigation, denying its creditors the ability to seek a receivership.

In the week ended Sept. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was unchanged from 3.98% from the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The organization New Jersey Policy Perspective issued the report.

New York City hit the market with negotiated and competitive sales totaling over $1 billion Thursday as top-rated municipal bonds weakened.

The authority plans to sell new money and refunding bonds.

Lawrence Wyllie, former superintendent of the Lincoln-Way Community High School District, faces criminal fraud charges.

Municipal Bond Club of New York members were urged to "continue preaching" the benefits as Congress debates tax reform.

The state is testing an alternative to using fuel taxes to raise funds for infrastructure.

Kobre & Kim will assist in the board's investigation of Puerto Rico’s debt.

Top-rated municipal bonds were weaker at mid-session, according to traders, as New York City hit the market with negotiated and competitive sales totaling over $1 billion.

The rating agency cautioned that rising pension costs and revenue restraints could pose challenges.

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

Bill Glasgall of the Volcker Alliance explores post-hurricane financing components including bonding, municipal credit and all-important reserves. Hosted by Paul Burton.

The San Francisco-based broker-dealer, which launched its trading platform in May, expanded its West Coast presence.

Investors expect insurance, federal assistance, and rebuilding to uphold credit quality in hurricane states.

New York City will hit the market with negotiated and competitive sales on Thursday totaling over $1 billion.

The previous peak in PAB issuance was $14.5 billion in 2010, CDFA said.

The county faces layoffs and service cuts if the effort to repeal a beverage tax succeeds, the board president warns.