Munis

Competitive and negotiated calendars for long and short-term issuance

S&P Global Ratings lowered its long-term rating and underlying rating (SPUR) three notches to 'B' from 'BB' on Northeastern Illinois University Board of Trustees' outstanding university facilities system (UFS) and certificates of participation (COPS) bonds, issued for Northeastern Illinois University (NEIU).

S&P Global Ratings lowered its long-term rating and underlying rating (SPUR) three notches to 'BB' from 'BBB' on Southern Illinois University Board of Trustees' housing and auxiliary facilities system (HAFS) revenue bonds and certificates of participation (COPs), issued for Southern Illinois University (SIU), and placed the ratings on CreditWatch with negative implications.

S&P Global Ratings has affirmed and placed on CreditWatch with negative implications its 'A' long-term rating on Illinois State University Board of Trustees' series 2016 auxiliary facilities system (AFS) revenue bonds.

S&P Global Ratings has affirmed and placed on CreditWatch with negative implications its 'A' long-term rating on Illinois State University Board of Trustees' series 2016 auxiliary facilities system (AFS) revenue bonds. In addition, we affirmed our 'A' long-term rating and underlying rating (SPUR) on existing bonds and certificates of participation (COPs), issued on behalf of Illinois State University (ISU).

A study criticized California spending on charter schools.

California’s big taxable bond offering hit the market on Thursday as municipal bonds weakened in secondary trading.

Spreads widened on bonds for new nuclear units in South Carolina and Georgia.

MSRB boosts help for issuers by offering them an online simulation of a bond financing.

Seven Illinois public universities with more than $2 billion in rated debt face a rating review.

California will appeal to international investors when it prices $1.2 billion of taxable GOs

A bill that passed the Florida Senate would authorize bonds to fight algae blooms.

Citizens Property Insurance Corp. in Florida posted a $27 million loss in 2016 stemming from what it calls abusive “assignment of benefit” claims and litigation, which are being reviewed by the Legislature.

After a busy day Tuesday when billions of dollars of new issuance flooded the market, municipal bond traders are set for the last big issuance of the week.

The tourism, hospitality and culinary arts program at St. Philip's College has a reputation that precedes it -- graduates go on to work for top restaurants in a city with a respected food scene.

Top-shelf municipal bond yields fell as much as four basis points as the market got a big dose of issuance, with negotiated and competitive offerings from issuers in New York, Washington, Ohio and Maryland.

Identical bills pending in the Senate and House would expand the issuance of small manufacturing bonds

Top-shelf municipal bonds yields fell as much as four basis points as the market got its first dose of issuance for the week, with negotiated and competitive offerings from issuers in New York, Washington, Ohio and Maryland.

Wells Fargo dropped to eighth place among municipal underwriters, hurt by last year's phony accounts scandal. Citi maintained its lead in the ranking.

New York traders on Monday were looking over the retail pricing of the big NYC Transitional Finance Authority negotiated deal. Muni finished unchanged in quiet trading as Passover kept price action muted.