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With natural gas prices falling to record lows, public power utilities should benefit with stronger operating margins and more flexibility to adjust rates to offset other costs, according to Fitch Ratings.
December 21
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The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell two basis points to 4.24% in the week ended Dec. 17 from 4.26% in the prior week.
December 18 -
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North Carolina Gov. Pat McCrory wants local leaders to vote again in support of controversial P3 express lane project.
December 15
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Municipal experts awaiting the Federal Reserves decision on interest rates said a host of other stressors from a lack of supply and credit concerns to unfunded pension liabilities and yield curve positioning were high on their list of concerns heading into the new year.
December 15
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Virginias transportation taxes are $1 billion less than expected due primarily to low revenues from its gasoline sales tax.
December 14
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Global equity investors and sponsors continue to demonstrate strong interest in investing in U.S. infrastructure, notwithstanding the relatively anemic pipeline.
December 14
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Tax regulators are open to the idea of writing special issue price rules that would treat bonds sold in competitive deals differently than those sold in negotiated deals, Treasury Department associate tax counsel John Cross told issuers meeting here on Friday.
December 11
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In the week ended Dec. 10, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell to 4.26% from 4.27% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
December 11 -
Georgia expects to save $421 million reconstructing a critical intersection in Atlanta by entering into a public-private partnership with North Perimeter Contractors.
December 11
