Public finance

The ruling affirmed a lower court ruling that dismissed a claim by the commonwealth’s Legislative Assembly that the board exceeded its power.

Municipals were stronger as issues in Ohio and Nevada came to market

Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.

The demand component of the municipal bond market is continuing to drive firm prices,

Municipals remained strong on Monday as a Wisconsin school district sold GOs in the primary market.

As Albany enters the budget homestretch, debate over congestion pricing and other measures to bolster mass transit in the New York City region is intensifying.

Intel Corp. is this week’s top headline act in the municipal bond primary market as issuers in Arizona and Oregon prepare to sell $650 million of industrial and economic development revenue bonds.

Municipal bond insurance may have finished 2018 down 18.1% from where it was the year before, but it outpaced the 23.5% volume dip the overall industry saw due to changes in tax legislation.

IHS Markit Ipreo forecasts weekly bond volume will increase to $4.9 billion.

Maureen Stapleton is credited with diversifying the San Diego County Water Authority's water supply.

The latest reversal of Puerto Rico's Title III bankruptcy court again draws attention to PROMESA's failure to meet its goals of restoring fiscal responsibility and capital market access for Puerto Rico.

The December index value was down 0.7% from November.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Municipal bond buyers are looking forward to a more robust new issue slate for next week.

The Ohio department of transportation said it faces a funding gap of about $1 billion annually over the next 11 years.

Municipal bond buyers gave a warm reception to the two deals totaling $473 million.

About 30 investment funds filed a motion in the Employees Retirement System's bankruptcy to be named as its trustee.

The Florida Development Finance Corp. has been asked to approve a third private activity bond allocation for Brightline/Virgin Trains.

Public pension funds are increasingly attracted to infrastructure investment.

A strong economy and the establishment of an outyear payment schedule have effectively masked a serious problem in the commonwealth, according to Pioneer Institute.