Public finance

In the absence of advance refunding, Arizona plans to lock in rates by pricing $250.7 million of lottery refunding bonds that will not be delivered until next October.

New York's Metropolitan Transportation Authority board intends to vote on its $16.7 billion operating budget as outyear deficits and other challenges hover.

Municipal bonds closed out the week stronger ahead of a hefty new issue slate.

As the end of the year draws near, the municipal bond market will see lots of negotiated deals on next week’s new issue calendar.

While citing “noticeable, across-the-board improvements,” state Auditor Eugene DePasquale said significant work remains for the distressed city's three pension plans.

New Jersey's second-largest city resolved a feud over the bi-state agency's properties and payment-in-lieu-of-taxes agreements.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.15% from 4.21% the week before.

Judges at a hearing this week appeared sympathetic to arguments that the board's appointment was unconstitutional.

Municipal bonds rallied Thursday as yields fell as much as six basis points in spots.

The indiana Finance Authority will sell green bonds to fund loans for eligible water and wastewater projects that are verified as environmentally beneficial.

Municipal bond traders returned to work on Thursday as the market took up where it left off on Tuesday — with munis and Treasuries rallying.

The scope of the court's ultimate ruling in the first of five pension-related cases on its docket remains unclear after Wednesday's oral arguments.

Tom Doe, president of Municipal Market Analytics, attributes more of the market’s performance to algorithmic bidding, new revenues — such as sport wagering — and natural hazards — such as coastal retreat. John Hallacy is host.

Fitch Ratings said the BB-minus rating on Brightline’s $600 million of private activity bonds was removed because the project has changed strategic focus.

Detroit originally planned to sell $112 million of new money GOs but boosted the deal to $135 million as buyers sought the speculative-grade paper.

Officials in Mayor Bill de Blasio’s administration trumpet New York City’s healthcare savings program. Budget watchdogs don't buy it.

Chicago boosted to the size of its first sale to finance the O'Hare terminal makeover to $2 billion.

The Metropolitan Transportation Authority faces a plate of challenges as crowded as its trains at New York rush hour.

The case may challenge the California Rule, which has thwarted efforts to cut pension benefits.

The board suggests it may sue the governor unless he starts following its requests.