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In the week ended Aug. 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell one basis point to 3.75% from 3.76% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
August 25 -
Maryland and Federal Transit Administration officials want a federal judge to restore funding for the $5.6 billion Purple Line light rail public-private partnership project that was shut down by court order in early August.
August 25
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Significant cost overruns on an earlier light-rail program may affect November vote on Seattles $54 billion transit proposal.
August 24
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Illinois largest retirement fund will review its assumed investment rate Friday amid a warning from Gov. Bruce Rauners administration that lowering it from 7.5% could have a devastating impact on funding for social services and education.
August 24
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More infrastructure spending at all levels of government would be best fix for California's congested, deficient roads, TRIP says.
August 23
- Kentucky
Kentucky received an abundance of local proposals for its $100 million bond-financed work-training initiative.
August 23
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City Colleges of Chicago suffered a two-notch downgrade after it drew down reserves to balance its books amid uncertainty over the timing and size of future state funding.
August 22
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Advocates say Colorado could unclog roads with an additional $1 billion each year for transit, sidewalks, and bike lanes.
August 22
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The transportation and utilities sectors grew by $7.9 billion in the first half of 2016 from a year earlier.
August 22 -
Short-term note issuance could continue to increase as the market awaits the Federal Reserve Board's eventual move to higher rates.
August 22
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