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The weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, stayed the same at 4.22% from the week ended April 2.
April 9 - Texas
The Texas House of Representatives has passed Rep. John Zerwas's House Bill 100 that allocates $3.1 billion of tuition revenue bonds for colleges and universities across the state. No TRBs have won legislative approval in nearly a decade.
April 9
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The new Florida Development Finance Corp. board on Tuesday delayed reconfirming the agency's decision to be the conduit for $1.75 billion in private activity bonds for the All Aboard Florida train project.
April 9 -
The more than $3.5 billion coming to market from Puerto Rico in coming months will be geared to non-traditional buyers, further distancing retail investors from debt they once coveted for its universal triple-tax exemption.
April 9
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Declining state support and flat enrollment prompted Moody's Investors Service to cast a negative outlook on Kansas State University's upcoming sale of $61.7 million of revenue bonds rated Aa2.
April 8
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Counterparty Wells Fargo has so far refused to lower the rating threshold for three Chicago swaps that reached termination events through recent downgrades, a source said.
April 8
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A bill proposing that the rates of the Florida Municipal Power Agency should be regulated by a state agency could jeopardize its credit ratings, according to Moody Investors Service.
April 8
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The Department of Transportation is soliciting applications from public entities for $500 million of grants to help finance transportation projects across the country and will hold the first of four webinars on the application process on Wednesday.
April 7
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As cash-strapped governments like Illinois and Chicago eye non-traditional revenues like gambling and marijuana, economists and government officials warned that so-called sin taxes are no panacea for budget shortfalls.
April 7
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A San Francisco-based airline's April Fool's joke triggered a disclosure notice on EMMA; the trustee for bonds issued for the airport in Branson, Mo. Wanted to be sure bondholders new that Virgin America was just kidding about its plans to serve Branson.
April 6
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Despite the bankruptcy of its current operator, the Indiana Toll Road continues to show the benefits of privatization, as does the new $5.7 billion bid for the road, Wells Fargo says in a new report.
April 6
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The federal government will run out of money for transportation and other infrastructure projects in late July or August, roughly two months later than expected, Transportation Secretary Anthony Foxx said Thursday.
April 6
