Public finance

Pricing wires for competitive bond offerings

Chicago Public Schools is seeking authorization to bolster its GO authority to $500 million.

Illinois faces swap terminations and higher floating-rate costs if its ratings sink much further.

In the face of changes to health laws, nonprofit hospitals should focus on risk management, Moody's says.

Municipal bonds finished stronger on Monday as the Hudson Yards deal was offered to retail buyers for a second day.

New York Gov. Andrew Cuomo wants President Trump to provide "emergency" funds to repair Manhattan’s Penn Station.

Moody's Investors Service has upgraded the St. Louis Art Museum's (MO) (SLAM) Issuer Rating to Aa2, reflecting excellent fiscal management contributing to superior cash flow and reserve growth.

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

Municipal bonds were trading stronger at mid-session as the Hudson Yards deal was being offered to retail buyers for a second day. The market is waiting for this week’s $7.02 billion new issue calendar to get underway in earnest on Tuesday.

Puerto Rico put its Highways and Transportation Authority and Employees Retirement System into bankruptcy affecting $9.5 billion of debt.

Federal tax reform efforts could mean trouble for public pension plans, experts said.

Although President Trump will be out of the country, his budget is expected to be released on Tuesday with all eyes on any allocation or lack thereof to infrastructure.

Colorado Gov. John Hickenlooper won't call lawmakers back for a vote on $3.5 billion for highway bonds.

More retail orders will be taken on Monday for the big Hudson Yards deal while municipal bond traders will be watching yields. The market will waiting on the new issue calendar, which is estimated at $7.02 billion.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

Puerto Rico’s April employment rose above 1 million for the first time since August 2013.

Municipal volume will remain near recent levels the week before the Memorial Day holiday, supported by rising investor demand and a continuing bond rally, market participants said.

Chicago Public Schools will borrow against delayed state grants to finish the school year.

A leaked spreadsheet of Trump 2018 budget priorities shows cuts to transit funding and TIGER.