Investments

COLORADO

States will face funding challenges in 2016 as lawmakers look for ways to raise revenues for local highway projects during an election year.

Issuers say green bonds are here to stay, and that efforts to increase transparency about the environmental benefits will pay off with a broader investor base and cheaper financing costs.

MINNESOTA

ARKANSAS

Smooth sailing is seen for toll road credits in 2016, as positive performance trends are expected to continue in the new year, Fitch says.

The "gradual and contingent nature" of the California Public Employees' Retirement System plan to revise its investment return assumptions could mean substantial fiscal risk to California governments, Moody's Investors service said Friday.

With natural gas prices falling to record lows, public power utilities should benefit with stronger operating margins and more flexibility to adjust rates to offset other costs, according to Fitch Ratings.

The University of Kansas will use the Wisconsin-headquartered Public Finance Authority as conduit for a $350 million lease-revenue bond deal instead of the Kansas Development Finance Authority.

ALABAMA

Arizona State University’s "strong culture of innovation" should translate into improved credit quality over time, Moody's Investors Service said in a new report.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell two basis points to 4.24% in the week ended Dec. 17 from 4.26% in the prior week.

ALABAMA

ARKANSAS

ALABAMA

KENTUCKY

The College of DuPage, Ill. board chairwoman Kathy Hamilton, who spearheaded reform efforts that also led to the ouster of the college president and the school’s finance team, abruptly resigned.

FLORIDA

ALABAMA

North Carolina Gov. Pat McCrory wants local leaders to vote again in support of controversial P3 express lane project.