Public finance

The municipal bond industry has been following the rest of Wall Street down the path to a cold world of statistics driven by algorithms and various formulas to try to perfect an imperfect product.

The backloaded maturity schedule of the debt brings comparisons to the city's supposedly abandoned "scoop-and-toss" practices.

Nineteen deals on the schedule are $100 million or larger, including the $1.3 billion Chicago securitization transaction.

Three of four economic measures improved in September from August.

The first meeting for several new board members included discussions with other regulators and groups, the MSRB said Monday.

School districts again dominate November's local bond questions, but some but cities and counties are offering large debt proposals.

The municipal bond market is gearing up for what should be a busy week, with a bunch of good sized deals and one mega deal.

The muni market will see volume rise in the last week of October as buyers will be treated with a billion deal from Chicago’s Sales Tax Securitization Corp. and a $714 million offering from the Department of Los Angeles airports.

Statutes of limitation will be the main obstacle, observers say.

City-county council of Marion County and Indianapolis approved Mayor Joe Hogsett's second straight structurally balanced budget on Oct. 15.

Municipal bond volume is set to rise in the last week of October.

The number of MSRB-registered dealers has fallen by almost one-third since 2009 and FINRA and the MSRB have some concerns about it.

With Philadelphia’s general fund surplus returned to near pre-recession levels, the city’s fiscal watchdog says now is the time to prepare for the next economic downturn.

The district chopped off more than two percentage points, thanks to new state aid and pension help

Write-downs on two major U.S. public-private partnerships led to the company decision, Skanska’s president said.

Municipal bond supply takes a leap forward next week as Chicago’s Sales Tax Securitization Corp.’s $1.31 billion deal headlines the new issue calendar.

New York’s mass transit crisis has prompted some transportation advocates to say the city would be better off taking back subway and bus operations from the state-run MTA.

In the week ended October 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.25% from 4.28% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The $240 million deal will also contain a mix of bonds subject to the alternative minimum tax with non-AMT bonds.

Oregon Gov. Kate Brown released an earthquake preparedness plan as she battles to win re-election.