Public finance

Top-shelf municipal bonds were mostly steady around midday on Monday, according to traders who got an early start to the week with one institutional sale, as well as a retail pricing for a second deal and indications of interest for a third deal.

Gov. Dannel Malloy presented a new Connecticut budget as two rating agencies downgraded the state.

BUTLER COUNTY -- Butler County commissioners are set to approve $44 million in bonds for a new assisted living complex in Fairfield Twp. that will bring about 100 new jobs.

The Government Development Bank for Puerto Rico reached a deal with its creditors to restructure its $4.1 billion in debts.

SPRINGFIELD, Ohio -- The Clark-Shawnee Local School District bond issue will be the only item on the Aug. 8 ballot, according to the Clark County Board of Elections. The last day to certify issues for the August election was May 10.

WILKES-BARRE, Pa. -- When will the city get the money and when will the repairs start?

Municipal market participants are ready for another busy week, with volume exceeding $8 billion for the second consecutive week, something that has not happened for a while.

Pricing wires for competitive bond offerings

Pricing wires for negotiated bond offerings

Passage of tax levies represents a credit-positive development for 21 Ohio cities and school districts.

Municipal market participants are set for a second week of issuance greater than $8 billion amid a surge in demand.

Colorado Gov. John Hickenlooper may call lawmakers back to reconsider a transportation bill.

Build America Mutual reported a jump in claims-paying resources and statutory comprehensive income in the first quarter as well as a smaller statutory loss than in the past.

Arizona's new budget could allow $1 billion in new bonding for higher education.

Aurora, Ill., is getting ready to pass a $16.5 million bond issue to pay for capital projects during the next four years.

Maryland Gov. Hogan is asking the state attorney general to force a federal judge to rule in lawsuit that is delaying $5.6 billion Purple Line P3.

Augusta, Ga.'s financial adviser presented a rosy picture with a few areas for improvement as the city prepares a $12 million bond sale to finance construction of a parking deck in support of the Georgia Cyber Innovation and Training Center.

WILKES-BARRE, Pa. -- City Council is letting Mayor Tony George get his way in dealing with the city's crushing debt.

Connecticut received a push out of double-A territory, as Fitch Ratings dropped it to A-plus.

Municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s still healthy new issue calendar, which is estimated at $8.79 billion.