Public finance

The Fort Madison School Board on Monday adopted a resolution ordering a special election on the issuance of a $30 million general obligation bond.

What had been about $17.6 billion in COFINA bond par value became about $12 billion in new COFINA bond value.

The primary market was active on Tuesday as deals from the Dormitory Authority of the State of New York and the state of Texas hit the screens.

Richard Neal, D-Mass., raised optimism among state treasurers that advance refunding of municipal bonds may be part of "a combination of funding sources."

The ideas are emerging as focal points in Gov. J.B. Pritzker’s search for solutions to the state's pension underfunding.

The state of Texas competitively sold bonds while the DASNY deal was priced for retail investors.

Fixing up mass transit in metropolitan New York could involve several components, Mayor Bill de Blasio said as the city and state renewed their budget tussle.

Michigan State sold taxable bonds to finance a legal settlement in the Larry Nassar sexual abuse cases.

Gov. Phil Murphy’s administration issued an RFQ for an advisor to evaluate using state-owned assets to stabilize its pension system.

The muni market firmed up on Monday, ahead of what should be another busy week.

Airports get creative and turn to privatization to fund projects as federal assistance becomes less reliable.

The municipal market should see another active week, while the strong demand from last week should carry over and be provided with an extra boost.

Attorneys say the Oversight Board's move to nullify $6 billion of bonds would violate both federal Supreme Court rulings and local law.

The Fort Madison School District this spring will, for a fourth time since 2016, ask voters to approve the issuance of a multimillion-dollar general obligation bond to build a new elementary building to replace its two existing ones.

The District of Columbia and two Texas issuers are coming to market with municipal bond deals that will warm the hearts of supply-starved investors.

NYC budget watchdogs credited the mayor efforts to restrain spending before an expected economic slump, though some said he didn't go far enough.

A warm reception is likely for the new issue supply that will be coming into the market.

As Philadelphia Mayor Jim Kenney gears up for his next budget proposal, city officials are focused on keeping healthy fund balance levels.

The District of Columbia will be headlining next week's new issue slate with a $940 million deal.

The State of the Union speech fell short on infrastructure while the COFINA settlement in Puerto Rico shed a harsh light on revenue bonds.