Public finance

A special-purpose corporation is selling nearly $800 million to refund some of the city's lower-rated GOs.

City administrators in La Verne will pursue multiple strategies — some meant to cut costs while others are designed to generate revenue — as part of a plan to pay off nearly $50 million in employee pension costs.

Two bond issues return to Pullman ballots in a special election scheduled Feb. 13.

The municipal bond market will see $3.35 billion of new deals hit the screens next in a holiday-shortened week. Ipreo estimates weekly volume at $3.35 billion, up from $3.12 billion this week.

The municipal bond market is gearing up for a lighter-than-average new issue calendar in a holiday-shortened week, with about $3.35 billion of bonds slated for sale.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

In the week ended Jan. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.84% from 3.81% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Henry Dachowitz replaces Tony Saunders, who left the county last April.

Municipal bond buyers gobbled up taxable supply from Pennsylvania and Illinois Thursday as the recent rise in yields slowed.

As state lawmakers confront a $1 billion budget gap, an 11.2% increase in revenues may be short-lived, budget director says.

Bob Spangler and Jim Tricolli will assume responsibilities as RBC's co-heads of municipal finance as Hamel steps away from the top-five underwriter.

New Jersey’s escalating pension burden threatens to derail future budget plans, a report said.

The Anderson Community Schools Board of Trustees on Tuesday voted in favor of starting the process toward two May 8 bond referendums by unanimously approving four resolutions.

High Point, N.C., will go to the bond market next week to borrow the money for construction of its downtown stadium.

Gov. Jerry Brown's $190.1 billion spending plan emphasizes stockpiling reserves, but fellow Democrats in the legislature want more spending.

Gov. Dannel Malloy urged lawmakers to replenish the Special Transportation Fund.

Santa Fe Public Schools is launching a campaign to win voter approval for the renewal of a 2-mill property tax levy to pay for things the average person often doesn't see in schools.

Municipal bond buyers saw some taxable supply hit the screens on Thursday as the recent yield rise slowed and traders' attention shifted to next week’s holiday-shortened week.

The Alamance-Burlington Board of Education entered their Tuesday, Jan. 9 work session expecting to be wowed by the bells and whistles of the proposed $150 million bond.

Puerto Rico bondholders will have to wait until Jan. 24 for details on how much their payments may be reduced because of hurricane devastation.