Munis

The not-for-profit university closed on a $195 million privately placed refunding that eases debt service demands.

About $125 million of the new money bonds are fixed-rate, $50 million will be floating-rate notes, and $75 million are variable-rate demand bonds.

The Bond Dealers of America has formed a Fixed Income Market Structure Working Group to advise regulators, lawmakers and market participants on structural changes in the fixed income industry and marketplace.

The Libor changeover isn't officially due for three years, but the change could have big ramifications for munis and is already underway.

The Burlington, N.C., City Council reviewed the Alamance-Burlington School System and Alamance Community College bonds during their work session meeting on Monday.

The ratings of four Southeast public power agencies were lowered due to uncertainty about future costs to build the new reactors.

Municipal law attorney Eric Brofy expects to increase the focus on public-private partnerships at the 52-year-old higher education conduit bond issuer.

Municipal bond volume is set to start final quarter of the year with a bang, with two issuers accounting for $3.3 billion,

The third quarter ended with a whimper, leaving year-to-date issuance 15% behind last year's pace.

Moody's boosted its outlook for the University of Illinois to stable from negative ahead of the deal.

The state's chief auditor said the program to install high-speed internet across Kentucky is plagued with "botched" procurements.

The Sacramento County Office of Education rejected the Sacramento City Unified School District budget because of deficit spending.

Municipal bond supply jumps next week as the last quarter of the year begins.

The Internal Revenue Service has taken no action regarding tax-exempt refunding bonds that were issued for Gettysburg College in 2010, after closing an audit that appears to have been randomly initiated.

SEC and MSRB officials responded to the concerns and frustrations of bond lawyers who were meeting in Chicago.

Municipal yields strengthened for maturities beyond three years, even though President Trump expressed concern.

The municipal bond market remained in quiet mode a day after the Federal Open Market Committee raised interest rates.

SIFMA is publishing a new model document that it says should help underwriters avoid regulatory risk.

Investor-owned Georgia Power made concessions to secure public power owners' agreement to continue construction of the Plant Vogtle nuclear project.

The two regulatory agencies are working to ensure a seemless transition to another benchmark when Libor is phased out in 2021.