Public finance

Chicago's junk-rated school district scheduled a public hearing next week on a request for $945 million of borrowing authorization.

Both presidential candidates should focus more on rebuilding U.S. infrastructure, former officials urge.

An $800 million bond sale to finance New Jersey's American Dream retail development could provide fuel for critics of the municipal bond tax exemption, according to Municipal Market Analytics.

Moody's upgrades Pennsylvania's school district pre-default enhancement program to A2 from Baa1, citing a new state law.

Political gridlock has stymied attempts to overhaul pensions across the nation, most notably in the two lowest-rated states, New Jersey and Illinois.

Lately coupons of 4% – and in some cases even lower – are becoming more palatable to retail buyers because they decrease individual investors' dollar price when they purchase a new issue, strategists said.

ILLINOIS

The Securities and Exchange Commission's settlements with issuers under its continuing disclosure enforcement initiative will not impact specific rating determinations but will be an important component of analyzing an issuer's credit fundamentals, analysts from S&P Global Ratings said in a report on Monday.

Ziegler, the oldest healthcare focused investment bank in the country, is becoming one of the biggest players in the specialty as well.

Austin, Texas, council unanimously puts a $720 million mobility bond referendum to fund rebuild of city streets to November vote.

The legal decisions governing public pension developments tell a complicated story.

IOWA

ALABAMA

Illinois officials are asking road builders for input on a P3 project to add toll lanes to an existing interstate highway.

U.S. municipal pensions, weakened by decades of underfunding, now face a demographic double-whammy:people are living longer and baby boomers are reaching retirement age.

ARKANSAS

ARIZONA

In the week ended Aug. 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose one basis point to 3.80% from 3.79% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

Rep. Chris Van Hollen has introduced a bill that would create a federal green bank to provide loans and loan guarantees to help regional, state and local green banks finance clean energy and energy efficiency projects.

Massachusetts Gov. Charlie Baker vetoed a pilot program to test a vehicle-miles-traveled road fee system.