Public finance

Weak asset performance and inadequate contributions by some local governments have contributed to a 6% increase in liability burdens, Fitch Ratings said.

The municipal bond market will continue to see supply flood in, with several large deals set for Tuesday including the University of California and the New Jersey Turnpike's bond offerings.

Mismanagement at the Philadelphia Parking Authority cost the city’s school district nearly $78 million over the past five years, according to the state auditor.

The deal includes $524 million to refund outstanding debt.

Top-rated municipal bonds weakened as much as 8 basis points on Monday as the first of the week’s big offerings hit the screens, led by Connecticut’s competitive sales and the University of California’s negotiated deal.

Transportation officials want tax reform to include funding for the Highway Trust Fund and infrastructure as part of the larger package.

Chief Executive Officer Forrest Claypool will step down at the after being accused of lying and engaging in a cover-up of an ethics probe of a top aide.

The structure the airport used combines the advantages of a bond issue with those of a private bank loan, an official said.

With another $20-plus billion on the docket, it's expected to be another frenzy-filled week in the municipal primary market. Issuers continue to sprint to market ahead of the looming tax bill that will alter the market’s landscape. Investor demand won’t be short either, as both traditional and crossover buyers will be fighting for allocations.

The municipal bond market saw the first of the week’s big offerings hit the screens on Monday, led by Connecticut’s competitive sales and the University of California’s negotiated deal.

BondWave LLC, a financial technology firm focused on fixed income solutions, is bring on Pete Newman as vice president of sales.

First on the list is an infrastructure plan we can embrace fully – with clearly identified and unencumbered revenue streams from the Federal level.

The municipal bond market will see a second week of hefty supply, with almost $22 billion of new deals lining up for sale.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.

The San Francisco Bay Area Rapid Transit District will get its advance refunding deal done this year after accelerating its schedule.

Georgia's Public Service Commission begins new hearings on the nuclear reactor project Monday.

Over two months after Hurricane Maria devastated Puerto Rico, the island’s government still hasn’t received any of the $4.9 billion of short-term loans promised in the storm aid package Congress passed at the end of October.

President Donald Trump plans to keep pushing his legislative agenda in 2018 by releasing his long-promised infrastructure proposal in early January, a senior administration official said.

The municipal bond market will see a second week of chunky new issuance, with almost $20 billion of new deals lining up for sale.

The Philadelphia School District’s planned transition back to local control after 16 years of state control could add credit pressure the city’s 13 charter schools, according to S&P Global Ratings.