Public finance

This will be Charvel's second stint as the city's CFO.

Cities are responding to a state directive to remove symbols on crosswalks and other so-called distractions or risk losing state and federal funding.

The bonds are rated A-plus by three ratings agencies and are expected to have serial maturities from 2026 to 2055.

"The story remains the same: solid demand is more than enough to take down the sizable new issue supply," said Daryl Clements, a portfolio manager at AllianceBernstein.

Its triple-A bonds have recovered after cheapening earlier this year under a pressure campaign from the Trump administration.

The county agreed to pay an additional $828 million to victims of childhood sexual abuse who sued under a 2019 state law that raised the statute of limitations for such cases.

Photos from The Bond Buyer's 2025 Infrastructure conference.

The Dormitory Authority of the State of New York and New York City both saw billion-dollar-plus deals oversubscribed. 

The new-issue calendar is at $15.637 billion and boasts four mega deals.

State and local pension funds are "surviving but not thriving," said Equable in its State of Pensions 2025 report.