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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, increased four basis points to 4.45% for the week ended May 21 from 4.41% in the previous week.
May 21 -
Congressional study says airports lack adequate infrastructure because revenues for airport expansions and improvements are limited.
May 21
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Rep. Brian Higgins, R-N.Y. has introduced a bill that would direct the Transportation Department to establish a competitive grant program for state and local governments, as well as transit and port authorities, to help finance their infrastructure projects.
May 20
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Congressional Democrats, White House may find it difficult to end short-term HTF extensions when latest one lapses.
May 20
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Municipal credit prospects may be clouded for the next several years by underfunded pension obligations and a possible uptick in bankruptcies, according to panelists at a forum in New York.
May 20 -
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The House voted 387 to 35 on a bill Tuesday night that would reauthorize surface transportation programs for another two months and avoid a cutoff of federal reimbursements to states for highway and transit projects during the busy construction season.
May 19
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The House may vote Tuesday on a two-month extension of federal transportation funding that otherwise would end May 31.
May 18 - Texas
The closure of the Treasury SLGS window has added a degree of difficulty to some refunding deals.
May 18
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It will be yet another busy week in the primary market as issuers continue to take advantage of the current low interest rate environment. Long-term municipal bond volume for the week of May 18 is expected to total roughly $9 billion, according to estimates from Ipreo and The Bond Buyer.
May 15
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A Senate proposal would stretch the current Highway Trust Fund extension to keep federal transportation dollars flowing.
May 15
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