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With hospital issuance up so far in 2015 and likely to stay that way, investors may not be sufficiently compensated for the sector's risks, according to Municipal Market Advisors.
February 18 - Kentucky
As taxable fixed-income rates remain near all-time lows, Kentucky is one of several states eyeing pension obligation bonds to deal with unfunded retirement obligations.
February 18
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The Internal Revenue Service issued a favorable private-letter ruling to an issuer who planned to issue governmental and private-activity bonds to finance improvements to water facilities.
February 18
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Almost $3 billion of potential lost revenue from cuts in Maryland gasoline taxes could cripple spending for major transportation projects.
February 17
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U.S. Bankruptcy Court Judge Steven Rhodes, who oversaw Detroit's historic Chapter 9 bankruptcy, will retire Feb. 18, the court announced Friday.
February 13 -
It looks like it will be pretty quiet trading in the week ahead. Only about $4.6 billion of new municipal bonds are scheduled to be sold during the holiday-shortened week as issuers and underwriters will be watching market conditions closely.
February 13 -
Washington state lawmakers' new $15 billion transportation proposal funded with a higher gasolines tax and $4.3 billion of state GO bonds.
February 13
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Detroit will float $119 million of water and sewer bonds through the state's revolving fund under a resolution approved Thursday by the financial commission that oversees the post-bankrupt city.
February 13 -
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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, rose 9 basis points to 4.21% from 4.12% for the week ended Feb. 5.
February 12 -
U.S. Bankruptcy Judge Steven Rhodes has approved $183 million of fees charged by professionals during the city's bankruptcy, in a ruling that heaps praise on the attorneys and consultants who worked on the city's behalf.
February 12
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House Transportation Committee approved rail legislation that prompts Amtrak to seek private partners for station development projects.
February 12
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Transportation Secretary Anthony Foxx warns states of cutbacks in federal highway funding if Congress doesn't pass a transportation bill by May 31.
February 11
