Public finance

South Carolina lawmakers will decide whether to raise the gas tax despite governor's veto threat.

Wells Fargo dropped to eighth place among municipal underwriters, hurt by last year's phony accounts scandal. Citi maintained its lead in the ranking.

Pricing wires for competitive bond offerings

New York traders on Monday were looking over the retail pricing of the big NYC Transitional Finance Authority negotiated deal. Muni finished unchanged in quiet trading as Passover kept price action muted.

California's Third District Court of Appeals found the state's cap-and-trade program is not an unconstitutional tax.

New York lawmakers finalized a new $163 billion budget over the weekend that includes additional funding for water infrastructure enhancements through capital bonding.

The growing Fort Bend Independent School District expects to be the first to include “green bonds” as part of a $99 million issue pricing Wednesday.

Municipal bonds were unchanged in quiet trading at mid-session, according to traders, who were awaiting the first deals on the week’s $5.69 billion holiday calendar.

The new PREPA deal would force un-insured bondholders to accept a loss of principal, unlike the previous deal, which allowed retention of bonds at face value.

Two senators have asked Puerto Rico's oversight board to show it is following PROMESA.

In this week's Muni Minute, we examine Puerto Rico's debt restructuring negotiations, which are scheduled to begin this week... if the bondholders show up.

The municipal bond market is looking at a holiday-shortened trading week, with most of the action jammed into Tuesday and Wednesday. New issue supply is forecast at $5.69 million.

A Trump administration policy shift boosts a Mojave Desert water project.

Pricing wires for negotiated bond offerings

St. Louis based SSM is turning to the taxable market to pay down debt and bolster its liquidity.

An 11th New Jersey credit downgrade under Gov. Chris Christie prompted a grilling of State Treasurer Ford Scudder Wednesday about concerns of future higher borrowing expenses.

Municipal market participants will see a little more volume to go along with one less work day next week, on the heels of Friday's weaker-than-expected March employment report.

Pricing wires for competitive bond offerings

In the face of continuing uncertainty surrounding federal polices regarding states and cities, the New York City Council this week urged Mayor Bill de Blasio to build up the city’s reserves.

Forty states will share $768 million of federal emergency road funding for infrastructure damage.