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Construction on the $1.8 billion partially bond-financed Iowa Fertilizer Co. project is slightly behind schedule due to the harsh winter but the project is making "timely progress" and commodity price expectations remain on target, according to Fitch Ratings.
May 12 -
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A pair of turnpike revenue offerings from New Jersey and Pennsylvania will give the primary market a lift this week, helping alleviate supply concerns ahead of spring reinvestment season, municipal experts said.
May 11
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Lawmakers have reconciled differences in House and Senate versions of a water infrastructure bill that would authorize $8 billion of federal funding.
May 9
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Michigan lawmakers unveiled a package of 11 bills Thursday aimed at hastening Detroit's exit from bankruptcy and managing the city's post-Chapter 9 recovery.
May 9
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Tobacco bonds have lured investors with some of the highest returns in the muni market this year, raising concern among strategists that traditional municipal bond investors' are taking on too much risk.
May 8
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The Bond Buyer's muni bond indexes mostly strengthened in the week ending May 8.
May 8 -
Municipal mutual funds reported inflows increased to $943.23 million in the week ended May 8 from $26.38 million of outflows the week before.
May 8 -
The Senate Environment and Public Works Committee will vote on a surface transportation reauthorization bill on May 15, committee leaders announced Thursday.
May 8
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Michigan would create a board to oversee Detroit for up to 20 years and contribute $195 million to the troubled city's pensions in a series of bills expected to be unveiled late Thursday.
May 8
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After three weeks of heavy outflows, tax-exempt money market funds gained a modest $1.29 billion in the week ended May 5, as total net assets rose to $258.91 billion, according to The Money Fund Report, a service of iMoneyNet.com.
May 8
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Transportation finance experts expect robust bond financing of new transportation and infrastructure projects in the near future, even though federal policy is making those investments increasingly tricky.
May 7 -
Sen. Barbara Boxer, D-Calif., has announced that she will introduce a multiyear transportation reauthorization bill on Thursday.
May 7 -
McGraw Hill Financial's S&P Capital IQ has partnered with Tradeweb Direct to launch Odd-Lot Valuations, a pricing service that joins a growing number of efforts aimed at improving transparency in odd-lot bond trades.
May 7
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