Munis

Attention in the municipal market turned to the short-term sector on Thursday.

Long-term leases with container shipping tenants protect ports in the short to medium term should trade decline.

The amended rules require dealers to disclose markups and markdowns as a total dollar amount and as a percentage of the prevailing market price to retail investors.

Kroll boosts San Diego rating to triple-A in wake of Puerto Rico court's special revenues decision.

Motions were filed to dismiss the Berkeley County School lawsuit, which alleges its CFO and finance team schemed to defraud the district.

Stephen Benjamin, mayor of Columbia, South Carolina, said P3s already work in metropolitan areas and dialogue needs to be opened with smaller cities looking at P3s.

Moody's shifted its outlook on six Illinois public universities to stable while upgrading two credits.

Though some dealers endured a technological headache, the year-old rules have improved transparency without disrupting trading, the MSRB said.

Texas expects to see sizable savings by refunding general obligation bonds for water programs across the state.

Moody's Investors Service lowered the Miami-Dade County Expressway Authority’s ratings to A2 from A1 in response to state legislation.

Moody's put the Illinois State Toll Highway Authority's A3 rating on review for a downgrade in the wake of the Puerto Rico ruling.

Municipal bond market participants are keeping one eye on the sale calendar and the other on the equities market.

Calculating the remaining useful life of a port or airport facility can be problematic, but the IRS ruling released May 3 supports a simplified method of making this determination using the date of the new agreement as a starting point.

Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.

Moody's Investors Service downgraded tax-exempt bonds issued for a Syracuse, New York, shopping mall expansion to the last rung above junk.

At the National Federation of Municipal Analysts’ annual meeting in Charleston, South Carolina, members asked the board to find ways to open up communications between investors and issuers.

Transportation issues took center stage in the muni market on Thursday.

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

Airports have been clamoring for an increase in the PFC limit for years, arguing that they need it to help finance capital improvements that would be paid for with new bond issues.

Legislation to put bond measures and the 2020 and 2022 ballots has cleared two Assembly committees.