Public finance

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.

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Parker Poe Adams & Bernstein LLP hiring public finance veteran Matt Nichols.

State and local transportation projects in California will benefit from a $52 billion package approved by the Legislature.

The city's property tax rate would increase by roughly 1 cent, costing the average Raleigh homeowner an extra $19 a year, under a transportation spending package city leaders are considering.

Assured Guaranty Corp. formally requested that the Puerto Rico Oversight Board revoke certification of the 10-year fiscal plan on the grounds of material non-compliance with Puerto Rico Oversight Management and Economic Stability Act.

Municipal bonds remained stronger at mid-session, after the March employment report came in weaker than expected and ahead of next week’s new issue calendar.

Central Falls, R.I., Mayor Jim Diossa discussed the city’s climb from bankruptcy to investment grade.

ORANGE, Conn. -- The Board of Selectmen this week scheduled a referendum for April 18 so residents can vote on securing bonding to finance $14.9 million for 14 capital improvements to schools, the police station, roads and town buildings.

Municipal bonds strengthened in early activity, traders said, after the March employment report came in weaker than expected.

Illinois House Democrats pressed forward on an $800 million spending bill.