Public finance

The muni market will see a skinny slate of supply hit the screens this week as volume drops to just over $3 billion ahead of the FOMC meeting and the third quarter wrapup.

Municipal bond issuance is set to drop by half next week as Federal Open Market Committee meets and the third quarter comes to an end.

The Oversight Board said it had "finalized" the COFINA Plan Support Agreement

The city has $260 million in unspent bond authority that could go to housing, said Mayor London Breed.

The district will bring $75 million of new money and refunding bonds to market.

The privately managed Indiana Toll Road will get to raise rates and, in return, deliver the first installment of $1 billion it will pay the state on Oct. 5.

Thirty states told the Council of Development Finance Agencies they issued mortgage revenue bonds in 2017 compared to only 18 that issued mortgage credit certificates.

Worries about the Fed's monetary policy meeting combined with the looming end of the quarter to keep muni issuance low.

FINRA examiners alleged Mesirow violated disclosure and supervisory rules.

Pennsylvania’s two largest public pension systems are paying much higher private equity fees than they report -- a nearly $4 billion differential -- a finance professor told an oversight panel.

Lombard sold $3.9 million of unrated GOs in its first market test after reneging on a pledge to support bonds sold to fund a hotel.

Amid hurricanes and other natural disasters and with federal funding a wild card, municipalities and states adjust.

Alton still needs a long-term public safety pension funding solution, S&P Global Ratings said as it downgraded the city.

Issuers from Colorado, Minnesota, and Florida led the pack of issuers on Thursday.

The agreement will provide the team $135 million from lodging taxes for the upkeep of Safeco Field, a deal some County Council members call corporate welfare.

The last of the week’s big deals came to market on Thursday with issuers in Colorado, Pennsylvania and Florida leading the pack.

Puerto Rico’s federal overseers are poised to raise their forecast for the island’s budget surplus over the next four decades after an influx of aid and rebuilding from last year’s storm is expected to give a jolt to the economy.

Despite being in a relatively stable environment, there are many factors to remain diligent about, according to Matthew Gastall, executive director at Morgan Stanley Wealth Management. He discusses ratios, macro factors, spreads and key cycle indicators and cautions on local GO and transportation credits heading into the late cycle. John Hallacy is host.

States reported a 20.2% jump in the issuance of private activity bonds from the $20.4 billion issued in 2016.

Columbus and Cincinnati are faring better than Cleveland and many other regions of Ohio, according to Moody's Investors Service.