Munis

Issuers in Southwest states led by Texas are hoping voters will approve billions of dollars of bonds in Tuesday's election.

It is the largest measure bond measure the nation's second-biggest school district has ever put before its voters.

October's roundup of pressing items in the bond markets includes a spate of lawsuits involving municipal bonds, issuers weighing in on the Financial Data Transparency Act and more.

The Philadelphia-based university straddles the higher education and healthcare sectors, but market demand suggests it's greater than the sum of its parts.

The Payson Town Council rescinded its approval for $70 million of bonds targeted by a lawsuit filed in September.

Fitch Ratings ranks the credit as AA, up from AA-minus.

The increase in the muni market's size, number of novel credits and retail investors suggest it's "finally time" for direct SEC regulation, argue market veterans Kent Hiteshew and David Dubrow.

Pressure on the state budget level is being felt by both the University of California and California State University systems.

The month's total is above the 10-year average of $40.288 billion. The market needs to see about $45 billion of issuance in November and December to hit an all-time record year.

California's measure to lower the threshold of voter approval for bond measures will impact future transportation funding.