Munis

Top quality municipal bonds ended stronger on Thursday, traders said, as the last of the week’s big deals hit the screens.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

Replacing LIBOR will raise economic and tax issues for many floating rate munis and swaps.

Top quality municipal bonds were stronger at mid-session, traders said, as the last of the week’s big deals hit the screens.

Municipal bond traders are set to see the last of the week’s big deals hit the screens as several large competitive deals remain on tap.

Illinois Gov. Bruce Rauner's veto of school aid legislation jeopardizes school funding and ratings, Fitch reports.

After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.

Treasury Secretary Steve Mnuchin has until Sept. 18 to complete his department’s review.

Municipal bond volume ended the month of July down 20% as refundings plummeted.

Halting the work is expected to save customers nearly $7 billion in additional costs, the state-run agency known as Santee Cooper told bondholders.

Wayne County works to reach agreement with Rock Ventures over jail project and solve tax problem.

Primary municipal bond market volume is set to rebound to a more normal level in the coming week, bringing traders a variety of offerings.

South Carolina and Georgia nuclear reactor owners inked deals supporting the projects, though they’re still deciding whether to complete them.

Top shelf municipal bonds were steady at mid-session, according to traders, who were looking ahead to next week’s new issue slate.

The municipal bond market is expected to remain quiet on Friday, ahead of next week’s new issue slate.

Top-rated municipal bonds ended weaker on Thursday, traders said, as primary offerings dwindled down to a few last big deals.

All Aboard Florida foes urged USDOT to use “extreme caution” reviewing a loan for the train project.

Top-rated municipal bonds were mixed at midday, traders said, as primary offerings dwindled to a few large deals.

Gov. Bruce Rauner has called the bill a “bailout” for Chicago Public Schools and plans to use his amendatory veto powers to cut funding in half.

The municipal market will see primary offerings dwindle down to a few large deals on Thursday as traders keep a wary eye on bond yields.