Public finance

Investors will also receive $139 billion of interest payments in 2022, about $593 million more than in 2021, according to a report from CreditSights.

Pension laws had been perhaps the key issue that could have scuttled the island's debt restructuring deal.

Towns in many states manage a big chunk of local roads but see little support from federal surface transportation formula grants.

Jennifer Poree, S&P Global Ratings national sector lead for water and power, and Mark Joffe, a senior analyst with the Reason Foundation, speak with regional editor Keeley Webster about California’s struggles to tackle its water infrastructure backlog. (25 minutes)

Until supply comes, market participants appear to be content to sit back and let the calendar flip to a new year without making any big moves.

Puerto Rico's government, bondholder Peter Hein, and eminent domain parties make call for varied changes to the board's proposed documents.

The window of opportunity is open thanks to new projects, new state and city leadership, emerging projects and better systems to benefit travelers.

Municipals are sitting out the ups and downs in equities and UST, with $12 million scheduled for the primary in the final week of 2021.

Experts share their insights on the current state and road ahead for the public finance sector.

The New York State Common Retirement Fund also said it invested $2 billion in an index focused on reducing the risks of climate change and capitalizing on opportunities in the transition to a low-carbon economy.

The pandemic, and now the spreading of the omicron variant, exposed nationwide disparities in Internet access with the transition to remote work and learning.

Tax risks continue to linger as they are preserved as a potential offset for whatever level of spending all 50 Democratic senators can agree to, but potential approval of the legislation remains a question mark.

The board has long maintained that if the pension laws are allowed to stand, the Plan of Adjustment would not be implemented, scuttling the entire bankruptcy deal.

The Illinois Municipal League will press lawmakers to support giving local governments more time to hit a 90% funded ratio and lowering the target to 80%.

The framework that will guide federal transportation strategy in the coming years does not currently include any financial goals or objectives.

The Build Back Better in its current form essentially has been killed by Sen. Joe Manchin, likely limiting the potential for tax hikes in the coming year.

Sen. Schumer said the Senate would take up Build Back Better "very early in the new year."

Municipal volume is estimated at a lean $558.8 million with $494.7 million of negotiated deals and $64.2 million on the competitive slate. Thirty-day visible supply is at $3.17 billion.