Investments

Benjamin Barnes cited austerity measures and some revenue improvements.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

In the week ended July 20, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell six basis points to 4.05% from 4.11% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Moody's says the legislation will be credit positive for school districts and the state.

The $500 million of revenue anticipation notes may be needed to pay the state’s bills.

Top-rated municipal bonds ended stronger on Thursday, traders said, as investors snapped up debt from the Tar Heel state.

The affirmation at Baa3 removed the threat Moody's would send Illinois to junk.

Chicago school officials pledged to open on time after Labor Day.

Despite numerous complaints about a "fancy overpriced wish list" and a consultant's use of the words "neutralize opposition," the Tamalpais Union High School District board voted 5-0 to hire a capital campaign strategist for a possible tax measure.

Indiana's reserves were lower despite its eighth consecutive surplus.

King will be a vice president for Springsted operating from Atlanta.

Maryland’s $5.6 billion Purple Line P3 rail project can proceed with restored federal clearance.

The rating agency cited state budget volatility that affects local government aid.

The Treasury Department sold $13 billion of inflation-indexed 10-year TIPs at a 0.489% high yield, an adjusted price of 98.936936, with a 3/8% coupon.

Backers of the proposed ballot measure have to collect 365,880 valid voters' signatures by Jan. 8.

Puerto Rico Gov. Rosselló named his chief economic advisor Christian Sobrino Vega as his non-voting representative on the Oversight Board.

As a Netflix film crew staged a theatrical FBI headquarters at district facilities this week, the Woodland Hills, Pa., Board of Education convened Wednesday to address the school district's ongoing real-life drama.

Top-rated municipal bonds were stronger at midday, traders said, as North Carolina competitively sold more than $550 million of bonds.

Bingham's 35-year muni career includes US Bancorp, Société Générale and Wachovia.