Munis

Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.

New municipal bond issues were well received on Thursday as market tone improved.

The Indiana Finance Authority said it saw strong demand for green bonds.

Municipals were mixed at mid-session as Treasury investors made an about-face and pulled down yields in the wake of a stock market swoon.

Connecticut must deal with a timing discrepancy between a bond covenant and a legislative amendment intended to loosen its restrictions.

Raymond James has hired Guy Yandel to open a public finance office in Denver and to expand the firm’s public finance business in the mid-western, mountain, and western states.

The placement carries a maturity of up to two years, and a Michigan State spokeswoman said the school will eventually issue long-term bonds.

The Tennesee capital will issue $775 million of general obligation improvement bonds.

Northwestern Memorial Healthcare's long-stalled acquisition of Centegra was finalized last month.

The Toledo, Ohio-based healthcare operator will sell $1.5 billion of bonds next week, of which $1.2 billion will be taxable.

The whistleblower responsible for federal investigations and lawsuits accusing banks and broker-dealers of fraud and collusion in the remarketing of variable rate demand obligations will likely be forced to go public because of a recent ruling by Massachusetts’ highest court.

Baylor Scott & White's planned merger with Houston-based Memorial Hermann would combine $5 billion in debt.

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

The Clark Public Utilities District says improvements are needed for future customer growth.

Municipal bond supply drops off sharply next week with $4.4 billion of volume estimated to hit the screens.

The MSRB, SEC, and FINRA will host an outreach event early next year as muni advisors prepare for a new principal exam among other requirements.

Officials say St. Louis must spend $175 million to stay competitive in a convention center arms race.

After three quarters, only Morgan Stanley and Jefferies have increased par amount underwritten from last year.

GASB is accepting comments through Nov. 2 on its proposal to clarify the definition of a conduit debt obligation.

Key SEC officials responsible for muni rulemaking and enforcement said they don't feel disclosure has been adversely impacted due to fears stoked by the Municipalities Continuing Disclosure Initiative.