Munis

The MINT Act, which would enable Federal Home Loan Bank members to issue tax exempt bonds is working its way through committees in both House and Senate.

A Fitch rating analyst pointed to the school system's elevated long-term liability burden that could be exacerbated by future voter-approved bonds.

Illinois returns to market with about $1.4 billion of GO bonds on Tuesday, with proceeds funding accelerated pension benefit payments and capital projects.

The parent of New York's Metropolitan Opera fell deeper into junk-bond status this week, while the New School university has a lower investment-grade rating.

The drought-stricken Texas city could face a water emergency as soon as May or October under scenarios presented to the city council.

There is a lot of money out there, and investors seem comfortable putting it to work.

Congressional leaders are plotting out plans to land the surface transportation reauthorization before a September deadline.

In this Market Intelligence analysis, Jeff Lipton warns that granting states access to Chapter 9 would be deeply disruptive, likely forcing muni yields higher and liquidity lower, while underscoring why states' legal protections and reserves still support strong willingness to pay.

Minnesota Community Energy priced $803 million of prepaid gas bonds after a delay driven by volatility from the Iran war.

Otero County commissioners approved an agreement with the federal immigration agency to avert a bond default despite a state law banning such contracts.

Nixon Peabody and Gilmore & Bell were new entrants to the top 10, knocking Greenberg Traurig and Ballard Spahr to the top 25.

The order from U.S. District Judge F. Dennis Saylor IV was issued at 5 p.m. Eastern Time on Friday. 

Educational institutions risk "hefty fines and other serious consequences, including potential loss of federal funding," should they fail to submit timely and complete data. 

The Senate approved the ROAD to Housing Act which will raise the public welfare investment cap, a move that should increase bond issuance.

The authority would own and oversee a $3 billion partly bond-financed domed stadium for the NFL's Kansas City Chiefs.

Allowing tax-exempt bonds to remain outstanding during a long-term concession would lower financing costs, advocates say.

The rating agency cited the state's sustained improvements in fiscal management and robust reserves.

A bill would make it easier for local governments in the area served by investor-owned PG&E to break off into public electricity utilities.

The Texas city's bond issue will mostly refinance short-term commercial paper into long-term debt and refund some callable Series 2015 bonds.

The rating agency cited weak demand for the facilities.