Public finance

Municipal market participants are awaiting a big deal from the Garden State.

With $7.5 billion of new supply on the way to hungry bond buyers, the focus is on the East Coast as issuers in New Jersey and New York take the lion’s share of attention this week.

Municipal bond volume is set to start final quarter of the year with a bang, with two issuers accounting for $3.3 billion,

The third quarter ended with a whimper, leaving year-to-date issuance 15% behind last year's pace.

Moody's boosted its outlook for the University of Illinois to stable from negative ahead of the deal.

Stringer called for a chief diversity officer in every city agency, stronger building code enforcement, and procurement time frames.

United Airlines is grumbling about a proposal to use aviation fuel taxes to fund a PATH extension to Newark's airport.

Municipal bond supply jumps next week as the last quarter of the year begins.

In the week ended September 27, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 4.15% from 4.12% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Parkview Health plans to use a forward delivery structure to refund debt for savings.

Municipal yields strengthened for maturities beyond three years, even though President Trump expressed concern.

Its estimates are more pessimistic than the Oversight Board’s projections of island gross domestic product.

New Jersey's oversight has a strong, positive impact on the city's financial position, according to Moody’s.

HJ Sims Managing Director German Ramirez and Senior Vice President Richard Prann focus in on the latest developments in Puerto Rico. They talk about what’s been happening with PREPA and COFINA and the implications this may have for bondholders. Chip Barnett hosts.

The municipal bond market remained in quiet mode a day after the Federal Open Market Committee raised interest rates.

Indications of a more hawkish sentiment at the Fed may continue to pressure tax-exempt yields higher, particularly on the short end of the curve.

Officials say the project will spur economic development in the city core.

The letter initiated by Rep. Leonard Lance of New Jersey threatens congressional oversight measures if passenger rail line funds are not released.

While the impacts to the Carolinas are still being determined, one expert says the lessons learned from catastrophic events like Florence can be mitigated.

With the Federal Open Market Committee meeting, activity was at a minimum in the municipal bond market on Wednesday.