Munis

The market saw elevated issuance, with an average of $10 billion to $12 billion of supply per week.

The trustees of the University of Pennsylvania entered into a $300 million loan this month as part of a broad strategy to ensure access to liquidity.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

Would-be underwriters of the general obligation bonds will be able to see where they've been ranked among all the bids, and to improve their bid accordingly.

The ruling by a state judge comes in a lawsuit that pointed to unequal access by public school districts to local property taxes and bonds.

Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The fiscal 2026 budget would increase police and fire funding by $63.1 million as the city works to comply with a voter-approved public safety spending mandate.

A flow of public dollars to private schools has raised credit concerns about public schools and spurred litigation in Southwest states.

The largest investors in the Brightline Florida train have negotiated new terms ahead of an Aug. 13 repayment deadline.