Public finance

Analysts say states' and cities' unfunded infrastructure should be viewed as a liability, along with debt, pensions and other post-employment benefits.

The municipal bond market on Wednesday was taking stock of Pennsylvania’s successful sale of over $1.5 billion of tobacco bonds.

Berkeley, Calif., plans to issue the first bonds using blockchain technology in May.

California's water agency says the downsized water tunnel project will still benefit cities and farmers.

Mayor Bill de Blasio’s $88.7 billion preliminary budget faces tougher scrutiny with Corey Johnson as City Council speaker.

The planned $12.7 billion billion project for a new dual-track rail tunnel linking New York City and New Jersey got the cold shoulder in President Trump’s $1.5 trillion proposal.

Pennsylvania sold a tobacco bond deal to receptive buyers, who liked the security pledge, timing and partial insurance.

Build America Mutual's 2017 and fourth quarter financial results show gains.

The president's proposal to expand and use private activity bonds for public infrastructure projects is similar to one made by a prior administration.

Puerto Rico's latest fiscal plan represents an improvement over the previous one, which included nothing for debt repayment.

Fourteen San Angelo ISD campuses are targeted for upgrades and repairs if a nearly $149 million bond is passed by voters in May.

An upsized Pennsylvania tobacco deal prices into a market where buyers are looking for both higher yield and security.

President Trump’s plan would expand private activity bonds and ease restrictions on them for public-purpose infrastructure projects.

A lack of supply, price direction, and yield -- yet an abundance of uncertainty -- made for a manic Monday in the municipal market.

Vermont’s first sustainability bond sale yielded strong demand to fund new affordable housing throughout the Green Mountain State, according to Gov. Phil Scott.

The federal government ran a $49.2 billion surplus in January, the Treasury Department reported Monday.

The commonwealth, in the face of a lawsuit and against a backdrop of budget stride, intends to proceed with its $1.4 billion sale.

The municipal bond market will be combing through President Trump’s $1.5 trillion infrastructure and budget proposal to see what’s in store for the public finance sector.

Munis were being pressured by a lower-than-average new issue calendar, while a report advised investors how to deal with market volatility.

President Trump's infrastructure plan, detailed for reporters by a White House official this weekend, will expand the eligibility of tax-exempt private activity bonds.