-
-
-
For the 32nd straight week, municipal bond funds reported inflows, according to Lipper data released Thursday. Weekly reporting funds saw $1.212 billion of inflows in the week ended May 11, after inflows of $709.727 million in the previous week, Lipper said.
May 12
-
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell three basis points to 3.90% from 3.93% in the previous week.
May 12 -
Rep. Randy Hultgren, R-Ill., warned House subcommittee leaders considering tax reform proposals on Thursday that a cap or elimination of tax exemption for municipal bonds could raise the cost of infrastructure projects in their own districts.
May 12
-
Investors snapped up Chicago's $537 million water revenue bond issue, allowing the city to trim the steep interest penalties its bonds typically face.
May 12
-
-
-
A Colorado lawmakers proposal for a $3.5 billion state road bond referendum fails in the final hours of 2016 session.
May 11
-
The Indianapolis Airport Authority said this week that it has agreed to settle a dispute with the Internal Revenue Service over rebate liability in connection with $347 million of tax-exempt bonds, even though it disagrees with the IRS' position on the bonds.
May 11 -
-
-
A California authority and a high school district said this week that they are prepared to file a protest and appeal of an expected Internal Revenue Service proposed adverse determination that $25.4 million of tax-exempt variable rate demand bonds are taxable.
May 10 -
-
-
The Port of Oakland said today that containerized export volume increased 7% last month from a year ago, the fourth consecutive month of increases.
May 9 -
-
-
Colorado Senate has approved a $3.5 billion road note package that could go to voters in November.
May 6
-
Infrastructure financing and tax reform will be major issues for presidential and other candidates in November, said municipal market participants.
May 6
