Investments

Posey County, Ind., agreed to give a developer tax increment revenues to repay its bonds.

Top-shelf municipal bonds were stronger in late morning activity, according to traders, who are looking ahead to next week’s holiday-light calendar. Ipreo estimates total bond volume for next week at $3.86 billion.

Corbally will advise endowments, foundations, pension funds, and other institutions.

The municipal bond market is winding up the week ahead of the three-day holiday weekend. Markets will be closed on Monday in observance of Labor Day.

Activists protested what they called Aurelius Capital Management’s support for austerity in Puerto Rico.

In the week ended Aug. 31, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index was two basis points lower to 3.99% from 4.01% from the previous week.

The Puerto Rico Oversight Board’s clash with Gov. Ricardo Rosselló escalated as the panel said one of his government's new healthcare laws may be too expensive.

The Chicago Teacher's Union threatened a lawsuit that could derail the funding package.

Volume shrank from August 2016, when the market was on a record-breaking run.

Top-rated municipal bonds finished mixed on Thursday as the market quieted down ahead of the Labor Day weekend.

Trump infrastructure plan will seek private sector funding for transformative projects.

A firm deploying a direct-to-buyer bond technology platform was among the co-managers.

A delegation of city leaders traveled to Sacramento to lobby for the measure.

Two companies are to invest more than $250 million into the agency’s 16 highway service areas.

Joseph Lhota repeated his call for New York City to contribute to the triage plan.

Top-rated municipal bonds were mixed ahead of the Labor Day weekend. The primary is wrapped up for the week, with no major deals scheduled for Thursday or Friday.

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Tuesday.

The Municipal Electric Authority of Georgia voted to finish the two reactors, but cost was not disclosed.

Municipal bond traders are taking a break as the market quiets down ahead of the looming Labor Day holiday weekend. The primary sector is wrapped up for the week, with no major deals scheduled for Thursday or Friday.

Fueled by oil and natural gas production taxes, the state’s rainy day fund is the biggest in any state.