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According to Ipreo LLC and The Bond Buyer, municipalities will sell an estimated $3.70 billion of total new volume, compared to the revised $3.32 billion that was priced in the past week as reported by Thomson Reuters.
September 4
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Immediate threats to Pennsylvania bondholders are minimal despite a two-month state budget stalemate, said Moodys Investors Service.
September 4 -
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Municipal bond funds saw outflows in the latest week, according to Lipper data released on Thursday. Funds which report weekly saw $586.481 million of outflows in the week ended Sept. 2, after seeing outflows of $344.563 million in the previous week, Lipper reported.
September 3 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased two basis points to 4.42% for the week ended Sept. 3 from 4.40% in the previous week.
September 3 -
The twin ports of Los Angeles and Long Beach are bracing for potential impacts from a slowing Chinese economy.
September 3
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Florida's Martin and Indian River counties launched new legal challenges to the private All Aboard Florida passenger train project within days of a scheduled $1.75 billion bond offering.
September 2
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The Teamsters union and New England governors are making separate pushes for prompt action on long-term federal transportation funding.
September 2
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The pair of new funds will invest in municipal bonds principally in high quality obligations that offer federal tax exemption.
September 2
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Solutions to the public pension funding crisis go beyond numbers crunching, said Manhattan Institute pension expert Daniel DiSalvo.
September 2
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U.S. toll roads rated by Moody's Investors Service improved their finances in fiscal year 2014, the rating agency said.
September 1 -
Surplus toll road revenues will fund preliminary engineering studies on a potential rapid rail segment in north central Texas.
September 1
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- Kentucky
Hillview, Ky.'s bankruptcy filing offers more evidence that municipalities increasingly consider filing for reorganization as a way to cure balance-sheet problems, according to Moody's Investors Service.
August 31
