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Sponsors of a high-speed passenger rail train project in Florida want an authority to issue $1.75 billion of private-activity bonds for it as soon as June 22, while a U.S. District Court considers requests from two counties to enjoin or stop the Transportation Dept.s allocation of the PABs to the project.
May 29 -
The muni market will have a New York State of mind for the first week in June, as the two largest issues will be coming from the Empire State.
May 29
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A $2.3 billion transportation funding program was proposed for federal lands following closure of a disintegrating Washington bridge.
May 29
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For the week ended May 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, decreased two basis points to 4.43% from 4.45% from the previous week.
May 28 -
Bills that would put in place President Obamas six-year, $487 billion transportation proposal or set up regional clearing-houses for public-private partnerships were recently introduced and are pending before Congress.
May 28
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Financial and investing guru John C. Bogle says municipal buyers should be buy-and-hold investors, not trading speculators.
May 28
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The Florida Legislature will attempt to bridge an impasse over low income healthcare funding that has left the state without a fiscal 2016 budget and facing a government shutdown.
May 27
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Special highways panel says West Virginia needs to increase transportation funding by $1.1 billion per year.
May 27
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States have pulled back up to $2 billion of scheduled road projects due to uncertain federal transportation funding.
May 26
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Volume will drop below $6 billion in the coming week as new issuance tapers off after observance of Memorial Day on Monday.
May 22
