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Moody's Investors Service has placed the B3 general obligation (GO) rating of the Chicago Board of Education, IL (CPS) under review for possible downgrade.
July 6
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In the week ended July 6, the average yield to maturity of the Bond Buyer Municipal Bond Index rose four basis points to 4.09% from 4.05% the previous week. The BB40 Index is based on the price of 40 long-term bonds.
July 6
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Ohio transit funding got a boost from a veto override.
July 6
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Top rated municipal bonds ended weaker on Thursday, traders said, as only a few smaller-sized bond sales hit the primary market.
July 6
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Hartford, Conn., on the brink of insolvency, hired Greenberg Traurig LLP as restructuring counsel.
July 6
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Pennsylvania’s budget inaction landed the state on credit watch with negative implications.
July 6
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Upgrades at Penn Station in New York City are intended to untangle congested rail corridor.
July 6
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Malloy says he's open to revenue bonds
July 6
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The Massachusetts House speaker urged lawmakers to move on a budget before a marijuana bill.
July 6
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The Long Island Rail Road is still working out alternatives to Penn Station construction this summer.
July 6
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A 5-2 Longmont, Colo., City Council majority decided Wednesday night to ask voters' authorization to sell an estimated $36.3 million in bonds to help finance the city's share of costs for the Windy Gap Firming Project.
July 6
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Rhode Island’s fiscal 2018 budget is in no-man’s land amid a dispute between the Senate and House.
July 6
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The Hawaii Supreme Court will hear arguments that the state is taking too much of Oahu's rail transit tax.
July 6
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Top-rated municipal bonds were weaker in quiet midday trading, traders said, as only a few smaller-sized bond sales hit the primary market.
July 6 -
A series of high-profile cases may endanger California’s “vested rights” doctrine.
July 6
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Puerto Rico Electric Power Authority bonds were slashed to D Thursday by Fitch Ratings in the wake of the utility’s bankruptcy filing.
July 6
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The municipal bond market was expected to remain quiet on Thursday, with only a few smaller-sized bond sales set to be priced in the primary, and action in the secondary expected to remain muted.
July 6 -
Municipalities across the U.S. have an opportunity to re-purpose underused and undervalued assets, according to RBC Capital Markets and HR&A Advisors.
July 6
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Pricing wires for negotiated bond offerings
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Pricing wires for competitive bond offerings
