Public finance

The tender/exchange offer is built into a more than $1 billion refinancing the city plans to price in early December.

The state is selling $1.2 billion of GOs, and a recent deal from Vicksburg highlights a structure that makes a difference to the state's local governments.

While opportunities exist, investors should still monitor economic and market developments as they search for value in the final weeks of the year, experts said.

A large new-issue calendar began pricing in the negotiated and competitive markets, with a few deals bumped off the day-to-day calendar.

Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.

The Oversight Board argued legal issues with bondholders, pensioners, credit unions, and others at Monday's Plan of Adjustment confirmation hearing.

The rating agency said the upgrade reflected financial resiliency during the COVID-19 pandemic and a strong rebound in air travel demand exceeding expectations.

President Joe Biden Monday signed into law a $1.1 trillion infrastructure bill.

Outside influence "beyond the control of the muni bond market" is needed to derail the recent positive momentum.

The Metropolitan Water Reclamation District of Greater Chicago green bonds will fund its its deep tunnel project and waste and storm water management projects.

Local governments are still processing funds from the CARES and ARPA bills.

Turnout was less than 14% during Saturday's voting where only one constitutional amendment out of four was approved.

The speculative grade bond sale is part of the financial process of returning the Phoenix-based university to nonprofit status after years as a for-profit.

The unions say Act 53 bars the changes to the pensions that the Oversight Board say are necessary for the Plan of Adjustment.

Investors put nearly $2 billion into municipal bond mutual funds for the most recent week with high-yield reversing a downward course to hit $1.2 billion following just $1 million a week prior.

The inability to advance refund has cost issuers up to $10 billion since 2020, according to Municipal Market Analytics, a figure lobbyists hope will help make their case.

By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.

With less defined mechanisms than other cities, a report says, the incoming mayor has an opportunity to shape the city's reserve policy.

Triple-A benchmarks have fallen double digits since Nov. 1, with the largest moves out long. California, the District of Columbia, Wisconsin and other issuers part of a $6 billion new-issue calendar priced.