Munis

Municipal bond market participants are seeing the last of this week’s new issues come to market on Thursday, led by issuers from New York and Massachusetts.

Illinois offered top yields to draw strong demand for its $966 million general obligation refunding.

A report on cyber-related risks released Wednesday by S&P Global warned that “a successful attack on an entity with limited resources could have a credit impact.”

The bonds will pay for renovations and the addition of a new building.

Moody's Investors Service dropped Beloit College's rating two notches to Ba1 from Baa2.

The region's volume numbers were supported by favorable market conditions that drove several large gas prepay deals.

Voters in Harris County will decide whether to authorize up to $2.5 billion of bonds to minimize damage from future storms.

Improving public school facilities will be a priority of the Rhode Island Health and Educational Building Corp. under new executive director Kimberly Mooers.

New Mexico found a no-cost escape route from troublesome swap agreements with a $67 million termination fee.

As the dust settles on the SEC's 15c2-12 announcement, questions loom about how difficult it will be to implement.

Volume was off in eight of the region's 11 states in the wake of tax reform and the end of advance refundings.

Bond volume in the region fell sharply in the first half of 2018, though one expert saw the 16% drop as better than anticipated.

The final rules will focus on debt obligations on a similar level as bonds, an effort to respond to comments that the first proposal was too broad.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.

Municipal bond volume is running 18.1% lower than last year’s historic level, in line with analyst expectations given the enormous impact the new tax legislation has had on the market.

Texas headlines the week's slate as it prepares for a mammoth note sale while Massachusetts prepares large short-term sales of its own.

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

Texas will take center stage next week with its mammoth note sale.

Chicago is accepting request for qualification submissions to supplement the members of its existing pools.