Investments

Pricing wires for negotiated bond offerings

The Livingston Parish School Board agreed Tuesday to issue two 15-year revenue bonds totaling $38 million in debt to restore and repair flood-damaged schools.

The Hays City Commission on Thursday indicated it would not support a proposal from Hays USD 489 to use city sales tax funds for a massive capital improvement project.

Bluford Unit District 318 plans to build a roughly $6.9 million new high school addition with a groundbreaking expected in August.

Both an $18 million road bond and a $16 million public safety bond that were approved by Venice voters last November passed muster during a Thursday validation hearing.

The Shell Rock River board of managers on Friday initiated the process for issuing an approximately $1.8 million bond that is expected to include an approximately $168,000 property tax levy.

Less than a month after voters struck down a $308 million bond for the Sherman Independent School District, SISD officials have posted an online survey seeking opinions and advice on what to include in a new bond package.

The Lewiston School District secured funding for constructing a new Lewiston High School while locking in a "really good" interest rate during its bond sale Thursday.

After voters twice rejected proposals to issues bonds to pay for a new school and major repairs, school board members now are considering borrowing what they can without voter approval to pay for state-mandated improvements.

Hunt County has received some impressive marks concerning plans to issue bonds for the $24 million road bond package approved by voters in November.

A muni-focused asset manager is offering its clients social impact investing options.

Trump's proposal to shift the air traffic control system from the federal governmental to a private, nonprofit entity draws concerns and questions.

Municipal bonds ended unchanged on Monday, according to traders, who were looking ahead to the week’s new issue slate.

Chicago is offering stronger rated utility-backed bonds but like its GO they face credit strain from pensions.

The bus operator for 12 Dallas County school districts defaulted on its June 1 debt payment and faces a voter referendum on its continued existence.

Analysts see discrepancies in the quality of disclosure across different sectors of the market.

Dallas and Houston still face challenges to turn around their troubled pension plans.

A New York State fiscal monitoring board told Nassau County to cut $100 million from its next budget.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 0.980% high rate, up from 0.960% the prior week, and the six-months incurred a 1.070% high rate, up from 1.060% the week before.

Municipal bonds were steady at mid-session, according to traders, who will be looking ahead to the week’s hefty new issue slate.