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Key members of the Texas Legislature are developing plans to salvage $2 billion of college and university construction bonds in a special session whose only agenda involves redistricting.
June 5 -
Standard & Poor's dropped the rating on Rutgers University's general obligation debt to AA-minus from AA, citing risks associated with the planned merger with University of Medicine & Dentistry of New Jersey.
June 5 -
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With the nation's state and local governments already financing some 75% of America's public infrastructure and the federal surface transportation program on the brink of insolvency, the Finance Committee paper is a recipe for undermining the single most critical source of financing the nation's public infrastructure.
June 4
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Deutsche Asset & Wealth Management unveiled two exchange-traded funds Tuesday that are the first devoted entirely to infrastructure revenue bonds and regulated utilities.
June 4 -
Michael K. Farr, president of Farr, Miller & Washington, delivers a yield kick to his savvy retail clients via market inefficiencies in the secondary market to offset the lack of return in the plain-vanilla market.
June 4 -
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University of Arizona wants to include almost $200 million of projects in a Pima County bond proposal.
June 3 -
Table as of: 05/31/2013 15:15 PM Invisible Supply Issuer and purpose Amount
June 3 -
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Note season will get underway this week with a $1 billion sale of tax and revenue anticipation notes from Los Angeles County, while the commonwealth of Massachusetts will also sell $1 billion of general obligation debt amid more than $5 billion of expected new volume.
June 2 -
Twenty-nine technical training projects at two-year colleges in Louisiana will be funded with $251.6 million of state bonds that won final legislative approval Friday.
May 31 -
Moody's Investors Service downgraded Rutgers, The State University of New Jersey, to Aa3 from Aa2.
May 31 -
Issuance numbers for long-term municipal bonds in May continued to underwhelm market expectations, decreasing 28% for the month.
May 31
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Muni bond mutual fund flows fell back into the red at $157 million, entering territory they occupied for most of the spring.
May 31 -
Standard & Poor's revised its outlook to positive from stable and affirmed its AA long-term rating and AA/A-1-plus rating on University of Pittsburgh debt.
May 31 -
