Public finance

U.S. Court of Federal Claims Chief Judge Susan Braden carved a legal path for holding the federal government liable for cuts to Puerto Rico bonds.

States and localities can’t continue to postpone resolving their pension problems or they will crowd out essential services and infrastructure and lose population, Chapman Strategic Advisors managing director James Spiotto says in a paper to be delivered in Washington on Tuesday.

The city's Public Utilities Commission is embarking on a $2.9 billion sewer upgrade plan.

Dallas will issue $235 million of bonds to settle lawsuits about officers' back pay.

Municipal bond buyers are patiently awaiting sizable new issues to set the tone for the rest of the week.

Mayor Paul George wants to bring the city into the Act 47 workout program for struggling municipalities.

The judge dismissed Aurelius' argument that the U.S. Constitution had prohibited the means used to appoint the oversight board members.

The new service will save dealer firms time and effort as they enter into muni underwriting syndicates.

Investors began lining up for the New York City Transitional Finance Authority’s nearly $1 billion building aid revenue bond offering on Friday.

Chicago's 2017 CAFR offers deep dive into Chicago's fiscal gains and deeper strains.

The San Francisco-based broker-dealer is expanding its offerings into taxables, coinciding with an increase in issuance in that space.

“Nassau County is in a fiscal crisis bordering on a fiscal emergency,” said the new Comptroller Jack Schnirman.

Ipreo estimates weekly bond volume at $9.2 billion, consisting of $7.5 billion of negotiated deals and $1.7 billion of competitive sales.

Governor is setting up the appointment of a new executive director at a salary lower than one announced Wednesday.

Twenty-three years after hitting rock bottom, D.C. has a triple-A rating.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dipped to 3.96% from 3.97% the week before.

Munis finished mixed as California State, Los Angeles Airport and L.A. County Facilities Inc. hit the market.

The action follows a resignation by the PREPA executive director and pressure from the governor.

The deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.

Maine Gov. Paul LePage angered many muni market participants last month with a last-second cancellation of already-priced bonds, but is that the end of the story?