Public finance

Road report sees need for additional annual transportation capital spending to resolve growing infrastructure backlog.

Green bonds are a tool more issuers use to finance various means of purifying drinking water and buffering against rising seas.

A coalition of more than 60 muni advocates will work to uphold President-elect Donald Trump’s support for the muni exemption, the U.S. Conference of Mayors said this week.

ALABAMA

MICHIGAN

Chicago will collaborate with federal officials to secure a $1 billion low-interest loan for Union Station upgrade.

The Trump administration's seeming enthusiasm for investment in public infrastructure has breathed new life into discussions of the topic, Bracewell practitioners Charles Almond and George Felcyn write in a commentary.

A cybersecurity scare at a public power utility in Vermont has some municipal market participants thinking about how an attack could affect the nation's utility bond issuers.

CALIFORNIA

ARIZONA

In the week ended Jan.12, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.20% from 4.25% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Kentucky’s credit outlook was revised to negative ahead of an upcoming bond deal, a change S&P Global Ratings said was triggered by the state’s unfunded pension obligations.

Thirty-nine of 40 large infrastructure projects with significant economic paybacks face funding challenges.

So-called intervention bankruptcy – combining federal and state resources – could help governments manage municipal insolvency, said a Manhattan Institute report.

ARKANSAS

CONNECTICUT

President-elect Trump has a “bold new vision” for infrastructure financing, according to Transportation Secretary-designate Elaine Chao.

Analysts affirmed the stable outlook for the healthcare sector, while acknowledging that repeal of the Affordable Care Act could change the landscape.

ARKANSAS

ARKANSAS