Investments

About 40 people gathered to discuss concerns about the proposed Victoria Independent School District, Texas' $141.2 million bond proposal in a forum Sunday afternoon.

Top-quality municipal bonds were mixed at mid-session, according to traders, as the market prepared for this week’s $6.7 billion new issue calendar.

The state of Maryland is expected to bring $1.34 billion over two competitive sales, bringing the possibility of resetting the municipal yield curve.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 1.015% high rate, down from 1.040% the prior week, and the six-months incurred a 1.115% high rate, off from 1.140% the week before.

A bankrupt Texas issuer hasn't missed a bond payment, in contrast to the default of an issuer that hasn't filed.

The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.

Health and Educational Building Corp. chief Robert Donovan cited a wave of refinancings.

Municipal bond traders will be gearing up on Monday to see this week’s $6.7 billion new issue calendar, which will get started in earnest on Tuesday.

CPS needs the city and state to deliver more than $500 million to balance its books for 2017-2018.

The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.

Voters turned down a pair of bond and sinking fund proposals for Ubly Community Schools at the polls Tuesday, according to unofficial election results.

A local philanthropist's offer to pay much of the cost to build a larger downtown Menlo Park Library has the city scrambling to meet a potential funding deadline.

Primary municipal bond market volume is expected to increase to $6.7 billion.

Residents of the Carlton School District sent a strong message Tuesday when 71 percent voted against a $23.6 million proposal to create a combined pre-K-12 school for Carlton students at the district's South Terrace site.

An Orange County agency agreed to issue $8 million in tax-exempt bonds for a Hasidic congregation in June, money that the group said it would use to buy the two boys schools and surrounding property that it had been renting on County Route 105 in Monroe and Woodbury.

New York City’s Department of Education awarded over 500 non-competitive contracts worth more than $2.7 billion, according to the comptroller.

The restructuring deal for the Government Development Bank applies to $4.8 billion of debt.

Dalton, Ga., voters will decide this year if they want a new school with a price somewhere north of $50 million.

New Jersey’s pension funds will benefit significantly from a new law that mandates irrevocable contributions from the state’s lottery for the next 30 years, according to Kroll Bond Rating Agency.

The Hudson River rail tunnel project is the first phase of the $24 billion Gateway Program.