Public finance

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

The Illinois governor says he will use his amendatory veto powers to shift some Chicago school aid to other districts.

Major bondholders and three bond insurers filed papers Tuesday seeking a receiver for the Puerto Rico Electric Power Authority.

Top-rated municipal bonds finished stronger on Tuesday as the competitive arena heated up with the Dormitory Authority of the State of New York’s offering of four bond sales totaling almost $1.5 billion.

The Title III bankruptcy judge approved a deal to pay Puerto Rico Employees Retirement System bondholders interest through October.

Lawmakers will get a chance to override the governor's vetoes.

The debt would help finance a project to divert Red River floods away from Fargo, N.D. and Morehead, Minn.

Among those affected by the EnerVest collapse are public pension funds in Texas, Colorado, Illinois, New Mexico, California and Florida.

House appropriators adopt 2018 spending plan that defunds TIGER and trims HUD grants.

The Chicago-based investment banking firm said Tuesday it will drop its municipal sales, trading, and underwriting business.

Top-rated municipal bonds were stronger at mid-session, according to traders, as the competitive arena heated up with the Dormitory Authority of the State of New York’s offering four bond sales totaling almost $1.5 billion while the state of New Mexico brought two sales totaling over $380 million.

Clarkston, Wash., School District voters will make the call in November on a $60.5 million school improvement bond after the Clarkston School Board made the ask official Monday.

S&P dropped Alaska to AA amid dwindling budget reserves.

Sean Carney, director and head of municipal strategy at BlackRock, talks about municipal issuance in the first half of 2017 and makes some predictions on how the second half of the year will look. He also discusses distressed states — which state could recover first and why and how a downgrade of Illinois would be a big deal for the market. Hosted by Aaron Weitzman in a conversation recorded on June 29.

The Grapevine Convention Center proved too small for a public hearing on potential bond projects that started off with the fire marshal running more than 100 people out of an overfilled auditorium Monday.

A decreased reliance on bonds to finance capital investments has created a need for more municipal market research tools, experts said.

The city's finances and bond ratings are strong, Kasim Reed told the Brookings conference.

Municipal bond traders are set to see the first of the week’s new issue hit the screens on Tuesday, led by the Dormitory Authority of the State of New York’s four competitive bond sales.

Pricing wires for competitive bond offerings