Public finance

Municipals continued to strengthen as the first of the week's issuance starting to roll in on Tuesday, including the second biggest deal of the week.

Municipal yields were down by as many as seven basis points amid concern that tax reform may crimp supply.

Creditor groups have come down on both sides of a hedge fund's constitutional attack on the PROMESA oversight board.

The Metropolitan Pier and Exposition Authority will price $475 million, burdened by its link to the state's bond rating.

Retail and institutional municipal bond investors hope volume of nearly $9 billion is a sign of consistent elevated weekly volume for the remainder of the year.

The PREPA bondholder group’s consultant estimated it will cost less than $1 billion to repair the power grid, compared with initial reports of about $5 billion.

With nearly $9 billion in volume, thanks to a large refunding deal, market participants expect issuance will remain strong as issuers try to beat tax reform.

Nearly $23 billion worth of bonds are on ballots in Tuesday’s election, which could fuel 2018 issuance.

Fitch Ratings dropped the state one notch to AA.

Refundings on the calendar for the week ahead spurred speculation that issuers may rush deals to market before they are banned by the GOP tax plan.

A court ruling offers some financial relief to the distressed gambling hub, according to Moody’s Investors Service.

Coral Springs voters could be asked if they want to tax themselves to pay for $65 million in citywide improvements.

A complaint has reportedly been filed with the Texas Ethics Commission against a group and one of its vocal leaders, claiming they have violated state laws in opposing the City of Mineral Wells' $17.26 million bond election.

Discussion of a proposed $70 million sewer bond issue dominated the Terre Haute City Council’s monthly sunshine meeting Thursday evening.

Amid East Coast transit systems' overcrowding and strained capital budgets, advocates tout ferries as low-cost alternatives.

The largest municipal bond insurer said third-quarter net income fell 57% due to an increase in loss reserves for Puerto Rico hurricane damage.

Top-shelf municipal bonds were stronger on Friday around midday, as market participants were still going over the details of the GOP tax reform bill.

Developers no longer plan to build a new Major League Soccer stadium in downtown Detroit.

A commission would examine transferring capital assets to a trust and building asset values to benefit pension plans.

The municipal bond market is still chewing over the details of the GOP tax reform bill, and considering its implications.