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In the week ended Feb. 18, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose three basis points to 4.04% from 4.01% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
February 18 -
The inadequate national investment in transportation infrastructure means it will take at least 21 years to replace or upgrade the 58,500 structurally deficient road bridges in the U.S., according to the latest bridge inventory from the Federal Highway Administration.
February 18 -
Investors eager to buy triple tax-exempt debt have been turning to the Pacific Ocean territories of Guam and American Samoa, where limited tax bases and large debt loads create some risks reminiscent of Puerto Rico.
February 18 -
Verity Health System of California agreed to repay its $278.6 million in junk-rated revenue bonds at a higher interest rate in exchange for relaxed debt service coverage requirements.
February 18 -
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Proposal by Democratic leaders in the Maryland General Assembly would restrict governor's authority to allocate transportation project funding.
February 17 -
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Standard & Poor's made nearly twice the number of upgrades as downgrades in United States Public Finance in 2015.
February 16 -
Legislation to fund Illinois' community college payments and student financial aid grants was delivered to Gov. Bruce Rauner's desk Tuesday.
February 16 -
State lawmakers are looking at gas tax hikes and other proposals to increase funding for local transportation projects.
February 16 -
Continuing turmoil at the College of DuPage, Ill., cost the two-year school one of its triple-A ratings as Standard & Poor's cut it two notches to AA.
February 16 -
Demand for municipal mutual funds has increased as investors rebalanced holdings to shelter themselves from domestic and overseas volatility, says Jeffery Elswick of Frost Investment Advisors.
February 16 -
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Interstate tolling is one way to make federal transportation funding more productive, CBO says.
February 12 -
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