Public finance

The six-month pre-development agreement is the first step toward a larger public-private partnership to help deliver the struggling bullet train.

The rating agency cited improving financial metrics and the port's importance to the regional economy.

Market Intelligence analyst Jeff Lipton notes that coupon selection is often a strategy decision, not a price preference, and explains why premium coupons can help mitigate adverse price moves while giving investors flexibility through higher ongoing tax-free income.

A convention center, a wastewater treatment plant expansion, and a light rail system are among projects in the city that include bond financing.

Water supply woes continue to weigh on the Texas city's bond ratings, which have been hit with multi-notch downgrades and negative outlooks.

Considering the "huge calendar this week," NewSquare Capital's Kim Olsan said, "if we can hold steady, that's probably a good result."

Reason's latest transportation finance report lays out barriers to U.S. pension funds investing in infrastructure and the P3 pipeline.

Primary market muni supply year-to-date is at $235.028 billion, up 4.3% year-over-year, according to LSEG.

Maryland drops Moodys a year after the ratings agency downgraded its credit as the state preps for a major bond sale this week.

This week will see continued stability, given the recent bumps on deals in the primary market last week and the lack of negative headlines about the war with Iran, said Elaine Brennan, executive director of the public finance department at Roosevelt & Cross.

The New York Convention Center Development Corporation is coming to market for the first time in more than a year, with bonds backed by a hotel surcharge.

The muni market is experiencing "some short-term optimism," said Hilltop Securities' Tom Kozlik, but there are still "pressures that could potentially be with us for not just weeks, but months."

Supporters of a proposed Major League Baseball expansion team in Sacramento announced funding plans during a Thursday press briefing.

Research from The Bond Buyer finds that political will is the strongest impediment or asset to the growth of P3 activity across the U.S.

Markets grew stronger upon news of the extended ceasfire in Iran, but the reaction was less pronounced than Tuesday's rally.

The counties with the greatest exposure lie along the coasts of Florida, Louisiana, South Carolina and Texas.

The bill promote private capital and public-private partnerships as part of the financing process.

June redemptions are $44.4 billion. July and August will see $37.7 billion and $38.4 billion returned, respectively, said Pat Luby, head of municipal strategy at CreditSights.

Market Intelligence analyst Jeff Lipton explains why energy prepays have become a popular SMA allocation for yield and diversification, while warning that financial institution counterparty concerns and "guilt-by-association" bank headlines can still trigger episodic spread widening.

Photos from The Bond Buyer's Southeast Public Finance conference.