Investments

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

The Illinois House overrode Gov. Bruce Rauner's veto to enact the first state budget in two years.

Moody's Investors Service has downgraded the rating for Puerto Rico Electric Power Authority's (PREPA) approximately $8.0 billion in Power Revenue Bonds to Ca from Caa3. The outlook remains negative.

Moody's Investors Service has placed the B3 general obligation (GO) rating of the Chicago Board of Education, IL (CPS) under review for possible downgrade.

In the week ended July 6, the average yield to maturity of the Bond Buyer Municipal Bond Index rose four basis points to 4.09% from 4.05% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Traffic and revenue on new managed lanes in Dallas fell below expectations in their first year.

Ohio transit funding got a boost from a veto override.

Two House lawmakers reintroduce the Sustainable Water Infrastructure Investment Act.

Top rated municipal bonds ended weaker on Thursday, traders said, as only a few smaller-sized bond sales hit the primary market.

Hartford, Conn., on the brink of insolvency, hired Greenberg Traurig LLP as restructuring counsel.

Pennsylvania’s budget inaction landed the state on credit watch with negative implications.

Upgrades at Penn Station in New York City are intended to untangle congested rail corridor.

Malloy says he's open to revenue bonds

The Massachusetts House speaker urged lawmakers to move on a budget before a marijuana bill.

The Long Island Rail Road is still working out alternatives to Penn Station construction this summer.

A 5-2 Longmont, Colo., City Council majority decided Wednesday night to ask voters' authorization to sell an estimated $36.3 million in bonds to help finance the city's share of costs for the Windy Gap Firming Project.

Rhode Island’s fiscal 2018 budget is in no-man’s land amid a dispute between the Senate and House.

The Hawaii Supreme Court will hear arguments that the state is taking too much of Oahu's rail transit tax.

Top-rated municipal bonds were weaker in quiet midday trading, traders said, as only a few smaller-sized bond sales hit the primary market.