Munis

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.

The Florida House Government Accountability Committee is willing to offer Garcon Point Bridge bondholders 50 cents on the dollar.

The SEC told a federal court that it will not pursue a judgment against the muni advisor firm or its principal unless it appears that the settlement process has stalled.

Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.

John Cross, the Treasury Department's associate tax legislative counsel, said the existing tax rules are clear on advance refundings of taxable debt.

Rhode Island voters give the public schools a passing grade and two-thirds of them support the proposed $250-million state bond issue for public school repair and construction.

Municipal bond volume across the eight-state Southwest region in 2017 fell 9% below its 2016 record.

Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.

Volume of $48.05 billion indicated a strong short-term need on both the buy-side and sell side of the municipal market.

Long-term issuance in the municipal market virtually matched its record high set in 2016, against the backdrop of tax reform that produced an end-of-year flood of volume, but the outlook for 2018 is less rosy.

Market sources say the week's deals will be `well received,' while a new report cast doubt on prospects for a near-term supply pickup.

Northeast municipal bond issuance was up 4% from 2016 to $121.3 billion.

Buyers will vie for about $4.8 billion of bonds next week.

The plan would expand flexibility and broaden the uses of tax-exempt private activity bonds.

Financial advisor and attorney Calvin Grigsby vowed to appeal a judge's ruling finding that his former client has absolute immunity from lawsuits.

New York City had little difficulty completing over $1 billion of bond sales in competitive and negotiated deals on Thursday, even amid concern over rising interest rates.

The merger would create the fifth-largest Catholic health system in the country.

Battle Ground Public Schools hopes the third time will be the charm for school construction funding, as the school board voted 4-1 Wednesday to again put a bond measure before district voters.

The firm announced a $10 million investment and landed California, the muni market's largest issuer, as a client.