Public finance

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

Two Democrats urge Puerto Rico's oversight board to reject PREPA agreement over rate hike concerns.

The primary market is set to heat up next week, as buyers will be chomping at the bit for what is expected to be the second highest volume total of the year.

Students at Pittsburg High School will be among the first to benefit from renovations funded by a $31 million bond issue approved by voters in March.

Treasurer Lynn Fitch credits work of the three-member Mississippi Bond Commission with saving the state $32 million during the upcoming, cash-strapped fiscal year.

The Norman City Council approved the second of three Norman Forward revenue bond agreements Tuesday. Due to a lower interest rate, it could save the city about $2.5 million.

The Pottsboro Independent School District's board of trustees held a special meeting Tuesday to create a trimmed-down version of the initial bond package proposed to the group back in February.

Puerto Rico’s Oversight Board sent a letter to Puerto Rico’s leaders warning of a waning resolve to deal with a dire financial situation.

New Jersey's treasurer told lawmakers a proposal to boost the state’s underfunded pension system through lottery revenue would not negatively impact future budgets.

A feud over tax relief between Minnesota Gov. Mark Dayton and the GOP may hurt a bond rating.

West Virginia bondholders will be paid even if state lawmakers fail to enact a budget by July 1.

California lawmakers approved a $183.2 billion all-funds budget package.

Federal judge blames Maryland for costly delays holding up the state’s $5.6 billion Purple Line P3.

Municipal bonds were unchanged at midday ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

The Massachusetts Bay Transportation Authority will conduct a study to identify commuter rail needs and improvements.

Pennsylvania's new pension legislation does nothing to solve its budget deficit.

Municipal bonds were unchanged in early activity ahead of next week’s above-average new issue calendar. Ipreo estimates volume for next week at $11.78 billion, up from a revised total of $3.47 billion sold this week, according to updated data from Thomson Reuters.

Pricing wires for negotiated bond offerings

A survey of more than 200 government finance officers revealed that the vast majority of them are not confident in their long-term fiscal projections.