Public finance

The Illinois Tollway's $300 million deal and the first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday. In secondary trading, municipals were stronger on the day.

Florida Gov. Rick Scott has endorsed another record budget for the state: $87.4 billion for fiscal 2019.

County Executive Robert Astorino is keeping up his push for to privatize White Plains airport despite losing his reelection bid.

Puerto Rico is considering suspending debt-service payments for five years, a lead lawyer for the territory’s federal oversight board said.

Today's super ships provide opportunity for ports that make the needed investments.

The county’s largest school district will ask voters to approve a $695 million school bond issue next year.

Two GOP Representatives argued that the Puerto Rico Oversight Board should be given additional powers over the Puerto Rico Electric Power Authority.

The first part of the Chicago Board of Education’s $922 million bond offering came to market on Wednesday as the board’s $64.9 million of dedicated capital improvement tax bonds were priced.

Two Pullman bond elections were declared valid Tuesday by just 68 votes, according to county elections officials.

With overwhelming voter approval, the community of Sibley can now move closer to completing an outdoor aquatic center project.

Only one of the two proposed bonds for Ardmore City Schools that went before voters on Tuesday was approved during a special election.

Two big deals from Illinois issuers are scheduled for sale on Wednesday as the Chicago Board of Education gets set to hit the market with the first part of its double-barreled offering and Illinois toll bonds are slated to be priced.

Approximately $900 million of costs would be financed through sales tax revenue bonds.

The biggest share of the funds, $31 billion, would be used to rebuild homes.

Competitive sales from the states of Washington and Wisconsin and negotiated deals from New York and Illinois issuers dominated Tuesday’s new issue slate.

The repayment of $80 million in lease-backed debt remains entangled in the standoff.

Budget secretary Benjamin Barnes' latest revenue estimate comes two weeks after lawmakers passed a $41.3 billion biennial spending plan.

The Pasco school bond vote remains too close to call.

Daryl Clements, Portfolio Manager of Alliance Bernstein, discusses strategies for sound performance in tobacco, healthcare, senior living, and stressed entity bonds. He focuses on the importance of spreads to relative value. In the wrap up, he focuses on the benefits of active versus passive management. Hosted by John Hallacy.

Chicago officials want to highlight the distinctions between the highly rated new securitization and the city's general obligation bonds.