Public finance

The unfunded liabilities of the funds nearly doubled over the last decade.

UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.

Bank of America Merrill Lynch and TD Securities won the bidding for Massachusetts’ $600 million of general obligation bonds while Citigroup won the gilt-edge Fairfax County, Va., bonds.

The Vermont Municipal Bond Bank and Vermont Educational and Health Buildings Financing Agency named public finance veteran Michael Gaughan to lead both entities.

The municipal bond market springs to life on Tuesday as several large competitive sales hit the screens, led by issuers in Massachusetts, Virginia and Minnesota.

The Puerto Rico Oversight Board named four key energy projects as potentially eligible for a special permitting process.

The municipal bond market was quiet Monday as traders waited for this week’s new issue sales to get underway with competitive deals on Tuesday from Massachusetts and Fairfax County, Va.

The Dec. 31 expiration of New Jersey’s public safety arbitration cap is a credit negative for the state’s municipalities, according to Moody’s.

The municipal bond market on Monday is patiently waiting for this week’s new issue sales to get underway with competitive sales on Tuesday from Massachusetts and Fairfax County, Va.

Mayor Martin Walsh cited the need for more elaborate resilience measures after freezing floodwaters engulfed neighborhoods.

This week's negotiated calendar is headlined by taxable deals from Stanford Health Care, the Pennsylvania Commonwealth Financing Authority and the Illinois Finance Authority while Massachusetts is set to sell two big tax-free competitive offerings

The commonwealth plans two more sales in early 2018 after Tuesday's $600 million deal.

Colorado lawmakers enter their 2018 session with election-year politics on their mind and more money in their pockets.

Municipal bond traders are back at work in earnest as they get set to take on a new issue slate dominated by competitive sales on Tuesday and taxable deals on Wednesday and Thursday.

Gov. Ricardo Rosselló signed the measure Thursday.

The municipal bond market is looking ahead to a $3.3 billion new issue slate that will be dominated by competitive sales from Massachusetts and taxable negotiated deals.

The par value of muni underwriting fell for the top five firms as volume receded from the 2016 record.

The municipal bond market is looking ahead to next week’s $3.3 billion new issue slate which is dominated by GO sales from Massachusetts and taxable negotiated deals.

The weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell 10 basis points to 3.81% in the week ended Jan. 4, from 3.81% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

While dodging the actual phrase, Gov. Andrew Cuomo suggested now is the time to seriously consider a tolling plan to fund subway and street repair in New York City.