Public finance

The municipal bond market is getting set for the Thanksgiving holiday as it looks ahead to next week’s $11.73 billion new issue calendar.

A budget without big new tax hikes was an easy sell for Chicago aldermen despite looming pension clouds.

Underwriters priced the New York Metropolitan Transportation Authority’s $2 billion advance refunding deal for institutions on Tuesday, the last big offering of the week.

New York's mayor says realized money will more than offset increased spending for fiscal 2018 and 2019.

The land swap is one of the obstacles that must be cleared to build Wayne County a new jail at a new site.

Illinois follows up its $6 billion of October borrowing with $750 million of new money GOs.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. In secondary trading, municipals turned weaker.

The board approved a resolution and proclamation of a school bond election in 2018, which will ask voters to approve general obligation bonds up to $10 million.

Pasco School District officials will have to wait on the edge of their seats a little longer to learn the fate of a $99.5 million bond.

The Moscow City Council directed city staff to begin preparing a major public facilities bond proposal for the May ballot.

It's the second try for Connecticut's capital city, which last year fired a contractor over cost overruns and delays.

Underwriters priced the New York Metropolitan Transportation Authority’s $2.2 billion advance refunding deal for institutions on Tuesday. The green bonds were offered to retail buyers on Monday, who ordered about $770 million of the bonds, according to a market source.

The MTA offered $2.2 billion of green bonds to retail buyers, looking to save on borrowing costs with a type of sale that may be banned under pending tax legislation.

Puerto Rico’s government announced it would pay its annual Christmas bonus to workers this year.

The council said the delay to Nov. 27 would buy more time for newly elected council members to weigh in on an amended version of a 30-year deal with Great Lakes Water Authority.

The Puerto Rico Electric Power Authority governing board said it was gathering a Transformation Advisory Council of utility industry leaders.

October revenue jumped $231 million compared to a year ago.

Senate President Dominick J. Ruggerio expects rewritten stadium-financing legislation to direct more revenue from a new PawSox ballpark to the City of Pawtucket to protect its ability to pay off the debt the city would incur to help build at the Apex department store site.

If the debate leading up to a Wessington Springs School District bond election is any indication, residents can expect a close race when polls close Nov. 28.

The New York Metropolitan Transportation Authority’s $2.2 billion deal was offered to retail buyers. In secondary trading, municipals were trading mixed at mid-session.