Public finance

If the Illinois House succeeds in overriding Gov. Rauner's budget veto, Chicago's pension restructuring becomes law.

Chicago and Illinois spreads got a boost as two years of state gridlock appeared to be nearing an end.

Top-quality municipal bonds finished mixed on Wednesday, according to traders, who returned to work after the Fourth of July holiday to see a $130.4 million new issue calendar, the smallest of the year.

College-bound high school seniors from across New York City got their first introduction to the world of public finance on Wednesday when they attended a special bond class organized by The Municipal Forum of New York and Futures and Options.

Ten-month legal delay of $5.6 billion Purple Line P3 could mean its termination, Maryland says.

Maine Gov. Paul LePage signed a new budget early Tuesday, ending the state’s first government shutdown in 25 years.

One week after National Public Finance Guarantee was downgraded two-notches by S&P Global Ratings, the bond insurer laid off 29 employees, slashing all of the new-business team.

A state senator is seeking authority to issue $450M in general obligation bonds to pay for voting machines.

Assured Guaranty lashed out Wednesday at a federal oversight board decision allowing the Puerto Rico Electric Power Authority to proceed with Title III bankruptcy filing.

Oregon will issue more than $100 million in state bonds to keep the Elliott State Forest in public hands and another $50 million to help the University of Oregon build a new science complex named after its most famous graduate.

Top-quality municipal bonds were weaker at mid-session, according to traders who returned to work after the Fourth of July holiday to see a $130.4 million new issue calendar, the smallest of the year.

New Jersey lawmakers forged a budget deal in the early hours of the Fourth of July that paved the way for a new law boosting the state’s underfunded pension system with lottery revenues.

An appeals court ruling favored a Mississippi county in its dispute with Assured Guaranty.

Illinois Democrats need to keep 15 GOP representatives on board to succeed in overriding Gov. Bruce Rauner's budget veto.

Municipal bond traders are returning to work after the Fourth of July holiday only to see a $130.4 million new issue calendar, the smallest of the year.

Pricing wires for negotiated bond offerings

Progress on ending a two-year-old budget drought is being viewed positively by two rating agencies.

Minnesota was removed from S&P Global Ratings’ CreditWatch after a threat posed to repayment of some appropriation-backed debt was resolved.

Top-rated municipal bonds finished weaker on Monday in a quiet pre-holiday-shortened trading session.

Oregon says its mileage-based road fee experiment proved the VMT concept is a viable revenue option.