Public finance

It's back to the drawing board for Groton Area School District.

Municipal bonds were stronger at midday as the state of California competitively sold $636 million of general obligation bonds on Wednesday.

Citing good management with "strong" financial policies and practices, a major agency recently reaffirmed the city's AAA bond rating, which lets Newburyport buy bonds at lower interest rates.

Citizens Property Insurance Corp. in Florida posted a $27 million loss in 2016 stemming from what it calls abusive “assignment of benefit” claims and litigation, which are being reviewed by the Legislature.

After a busy day Tuesday when billions of dollars of new issuance flooded the market, municipal bond traders are set for the last big issuance of the week.

Pricing wires for negotiated bond offerings

The U.S. Olympic Museum could break ground in the next several weeks after a Colorado Springs redevelopment agency agreed Friday to issue bonds that will provide a crucial piece of funding for the $75 million project.

A Puerto Rico judge has revived an “audit” of Puerto Rico’s debt.

The tourism, hospitality and culinary arts program at St. Philip's College has a reputation that precedes it -- graduates go on to work for top restaurants in a city with a respected food scene.

The Pamelia Town Council Monday approved a $1 million bond to repair its water tower, as it continued discussions of a multi-million dollar plan to expand municipal water to new areas of the town.

Pricing wires for negotiated bond offerings

Top-shelf municipal bond yields fell as much as four basis points as the market got a big dose of issuance, with negotiated and competitive offerings from issuers in New York, Washington, Ohio and Maryland.

California's March revenues topped projections by 23%, but are expected to soar even higher in April boosted by income tax collections.

Private investments must be big players in Trump's national infrastructure plan, BlackRock CEO says.

Pricing wires for competitive bond offerings

The California State Teachers’ Retirement System's unfunded liability has jumped.

Top-shelf municipal bonds yields fell as much as four basis points as the market got its first dose of issuance for the week, with negotiated and competitive offerings from issuers in New York, Washington, Ohio and Maryland.

Dan Berger, senior market strategist at MMD, joins to discuss changes in the yield curve as well as look at the state of some states both good and bad. He also examines how the talk of healthcare reform has impacted bonds in that sector. Hosted by markets reporter Aaron Weitzman.

The municipal bond market is ready to see negotiated and competitive offerings hit the screens on Tuesday from issuers in New York, Washington, Ohio and Maryland.

To finance a new municipal building and police station, the Butler Twp. supervisors plan to take out a bond issue rather than a bank loan, reversing a decision from last month.