Public finance

A $211 million, 35-year low-interest federal loan is the final piece of the funding plan for a Delaware toll road

New Jersey Gov. Chris Christie met Tuesday with federal transportation officials about funding for a long-stalled Hudson River rail tunnel that would connect his state to New York City.

KANSAS

NEBRASKA

Gas prices fell in Washington State despite a 7 cent per gallon increase in the state gasoline tax, AAA said.

Municipal investors shouldn’t be preoccupied with fears about inflation, interest rates, or credit quality, according to municipal analysts and managers.

ALABAMA

Puerto Rico Aqueduct & Sewer Authority's $750 million revenue bond sale, the largest deal on the coming week's primary calendar, promises to test the market's appetite for the island's high yield debt.

Fitch Ratings said 2014 hospital medians showed surprisingly strong results, while capital spending in the sector hit the lowest point in six years.

Smaller seaports may find it difficult to fund the facilities needed to compete with rivals that can accommodate larger cargo ships.

FLORIDA

ALABAMA

Municipal bond funds saw inflows in the latest week, according to the Lipper.

In the week ended August 13, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell by two basis points to 4.37% from 4.39% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.

The revival in pension obligation bond issuance creates new risks for retirement systems that do not resolve chronic structural problems, rating analysts said.

The $11.6 billion set aside for a new freight-related highway projects is seen as important part of Senate's proposed six-year transportation bill.

Storm resilience could represent an ideal application for social impact bonds, some advocates say.

Moody’s Investors Service has downgraded more than three dozen Michigan school districts this year as falling enrollment continues to strain their finances.

ARKANSAS