Public finance

The rating agency will continue to monitor financial developments in Connecticut's capital city.

The municipal bond market saw deals from far and wide this week as the threat of tax reform changes spurred a rush to issuance that will continue into the next week.

In the week ended Dec. 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index nudged up to 3.91% from 3.90% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The municipal bond market priced deals from Partners Healthcare, South Miami Health and Empire State Development as investors waited for final details of tax law changes affecting private activity bonds.

City officials said consolidating the boards will improve governance and result in stronger fund performance.

Moody's dropped its outlook on Franciscan Alliance's Aa3 rating to negative from stable.

Municipal bonds have traditionally received short shrift in college finance courses.

The council is exploring legislation to collect around $492 million in delinquent real estate taxes that could aid the city’s school district.

The state government's rising debt burden underscores the need for overhauls to the state’s borrowing rules, according to State Comptroller Thomas DiNapoli.

The municipal bond market saw Empire State Development sell almost $2 billion of bonds in five competitive offerings on Thursday as the market focused on tax changes being worked on in Washington.

Puerto Rico’s electrical grid is unlikely to be fully restored until the end of May, the head of the U.S. Army Corps of Engineers said Wednesday -- months longer than the timeline offered by the island’s governor.

The municipal bond market will see two mega-deals hit the screens on Thursday, representing both the negotiated and competitive sectors.

Creditors clashed in court with bond issuers over claims on revenues for the Employee Retirement System.

Liz Muoio would become just the second woman to hold the office.

A state panel designated the Muncie district as a distressed political subdivision.

The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.

Municipal bond yields fell by as much as seven basis points as the Federal Reserve raised interest rates as expected and market participants eyed tax reform talks in Washington.

Embezzlement charges at the Alabama agency will not impact bond payments, general manager says.

Buffalo, N.Y., is facing dangerous financial waters ahead with a rapidly declining fund balance, according to the city’s fiscal watchdog.

Voters in the Hatton School District resoundingly approved a bond referendum to build a $6.3 million addition to the school in a special election Tuesday.