Munis

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.

Buyers are watching warily from the sidelines as the deals sell into an uncertain market environment

Shorter calls and a shift in the use of floating rate paper are part of Wisconsin's toolkit after tax reform.

The MSRB's annual Fact Book paints a picture of a 2017 muni market that held fairly steady despite tax reform anxiety, with no major declines or drastic shifts in trading activity or trends.

Residents of the Derby, Kan., school district approved one bond issue but rejected two others in a special election on Tuesday.

The Albert Lea school board marked its calendar for May 8 with Tuesday night's five-to-one vote in favor of a special election regarding a building bond to update Hammer Complex.

Milwaukee will review proposals and pick a financial advisor for at least a three-year term.

Funding mechanisms such as tax increment financing and special districts such as a local Community Redevelopment Agency could be used to issue bonds.