Public finance

The credit unions say that Puerto Rico used fraud and pressure to get them to buy the government bonds.

The nonprofit hospital chain expects significant savings even though it must issue taxable debt to refund tax-exempt bonds.

Municipals will see yet another week of sub-$4 billion issuance, as taxables take the top spot on the calendar.

City and state groups credited Congress for supporting programs the administration wanted zeroed out, including the Federal Transit Administration’s Capital Investment Grants program, which will get $2.6 billion.

The Philadelphia School District received approval for the framework of a 5% budget increase from its lame duck governing body.

Detroit's affordable housing plan would give developers access to private activity bonds associated with Michigan’s 4% tax credit program.

A day after seeing the market rally and strengthen by five basis points on the long end, munis were quiet and flat ahead of another week of lackluster volume.

The state, after multiple rating downgrades and facing budget strife, declining revenue and a pension funding dispute, plans a GO new-money and refunding sale.

Congress' deficit-raising actions have made it more likely that munis would be targeted for cuts to raise revenues in infrastructure or other future bond-related legislation.

Officials said forgiveness of the Community Disaaster Loan could be considered at a later point.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dipped to 4.01% from 4.02% last week.

The municipal market rallied to close out Thursday five basis points lower in yield, while the last two larger deals of the week priced, with the Philly School District passing its test with flying colors.

Franklin County is set to receive the biggest chunk of funding with roughly $135 million.

Information can be submitted on a confidential or non-confidential basis.

While state lawmakers have approved limited use, notably for the city's housing authority, city officials want to use the method across the board.

Reno's ratings raised to A-plus with an economic boost from tech companies.

The municipal market saw the last two notable deals price, as the market was stronger by as many as five basis points.

Metropolitan Transportation Authority Joe Lhota defended the agency after a rating downgrade.

Donald Cunningham will work of counsel in Florida-based Broad and Cassel’s Affordable Housing and Tax Credit Practice Group.

Guam, facing its own fiscal problems, isn't helped by the tumultuous Puerto Rico PROMESA process.