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A dramatic increase in refundings, particularly in the first half of 2012, boosted volume for long-term municipal bonds by 31% last year from one year earlier.
February 9 -
Municipal coffers are recovering, but many bond investors still favor revenue bonds, particularly the essential purpose variety, over their general obligation brethren.
February 8 -
Former investment banker and New York City official Mark Kim is the new chief financial officer at the District of Columbia Water and Sewer Authority, DC Water announced at its board meeting Feb. 7.
February 8 -
The New York City Council has authorized a study to explore relocating utility wires underground in areas of the five boroughs vulnerable to weather.
February 8 -
The City Council in distressed Scranton, Pa., tabled a contract with Standard Parking to manage city meters, citing concerns over fees and revenue projections.
February 8 -
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Nearly all The Bond Buyer's weekly yield indexes increased the week ended Feb. 7.
February 7
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Inflows to municipal bond mutual funds are shrinking, though they remained positive for a fifth straight week, as they recorded $109 million in inflows for the week of Feb. 6.
February 7 -
Massachusetts' pension fund returned nearly 14% in 2012 and exceeded its benchmark by 84 basis points, its board reported.
February 7 -
Net outflows among tax-exempt money market funds were down to $203.1 million and total net assets settled at $282.48 billion for the week ended Feb. 4.
February 7 -
Table as of: 02/06/2013 09:49 AM Invisible Supply Issuer and purpose Amount
February 7 -
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The total amount of upgrades from Standard & Poor's continued to outpace the amount of downgrades during the fourth quarter of 2012, making the year a mostly positive one for rating changes.
February 6 -
The outlook for U.S. toll roads is negative for the fifth consecutive year, according to a Moody's Investors Service analysis of expectations for the sector over the next 12-18 months.
February 6 -
Virginia Gov. Bob McDonnell's controversial transportation plan passed the House of Delegates Tuesday, but failed to get out of the Senate despite both chambers agreeing to ban tolling on Interstate 95 in the southern part of the state.
February 6 -
The trustee for bankrupt American Airlines Inc.'s $1.4 billion of New York City airport revenue bonds hopes to submit a final settlement agreement after a majority of bondholders endorsed the terms.
February 6 -
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