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Many highly-rated sewer utility credits can weather federal consent decrees that mandate substantial upgrades with proper management and planning for the increased costs, Moody's Investors Service concludes in a new report.
June 30 -
Details are starting to emerge on an opaque part of the market, as issuers respond to a Standard & Poor's request for disclosure on municipalities' direct loans.
June 30 -
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After a short-lived supply boost last week, volume will drop by an estimated $5 billion this week as issuers scale back financings and underwriters and investors head into the Fourth of July holiday.
June 29 -
Nationwide poll finds most Americans would support a higher gas tax if revenues are dedicated to highway and transit projects.
June 27 -
The chief mediation in Detroit's Chapter 9 case has ordered the city to meet Monday with holders and insurers of $1.4 billion of certificates of participation to try to reach a settlement.
June 27 -
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The Bond Buyer's muni bond indexes strengthened in the week ending June 26.
June 26 -
Tax-exempt money market funds reported outflows of $696.9 million as total net assets settled at $255.5 billion in the week ended June 23, according to The Money Fund Report, a service of iMoneyNet.com.
June 26 -
Bankruptcy Judge Steven Rhodes blocked insurer Syncora's request to question the state attorney general, and gave a limited green light to plan for the city's proposal to take the court on a bus tour of the city as part of the upcoming trial.
June 26 -
The Head of the Senate Finance Committee will work with chairman of House Ways and Means for a quick, temporary fix to the fast-depleting Federal Highway Trust Fund.
June 26 -
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Investors were not reluctant to buy the Detroit name when the Michigan Finance Authority priced $185 million of bonds for the Detroit Public Lighting Authority Wednesday.
June 25 -
As Detroit has shown, the Chapter 9 world and the municipal bond finance world often just don't speak the same language, according to Nixon Peabody LLP attorneys.
June 25 -
Sen. Barbara Boxer supports a proposal for a six-month patch to keep the Highway Trust Fund solvent through 2014.
June 25 -
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