Public finance

As the exact language of the final tax legislation looms, municipal market participants eager wait to see how it pertains to private activity bonds, there will be $11 billion of issuance awaits as issuers make one final push.

Bond analysts and Puerto Rico political leaders were voicing concern Friday over a new tax on territories reportedly included in the Republican federal tax bill.

Andrew Cuomo and Chris Christie say the ball is in Trump's court on the crucial Gateway Hudson Tunnel Project, as local commitments are secured.

The municipal bond market next week will continue to see above-average volume, albeit at a much slower pace than this week, as $11.14 billion of deals are on the calendar.

The California Chamber of Commerce supports a developing $8.9 billion bond proposal as well as a $4 billion measure that is already on the June ballot.

Urban planners argue for the unlocking of public assets through an asset trust, an idea largely untested in the U.S.

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.