Public finance

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

The Puerto Rico oversight board warned that without restructuring, PREPA faces about $4.5 billion of legacy debt service obligations in the next five years.

Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.

Municipals finished mostly stronger on Thursday as retail investor confidence remained high for the 11th straight week. Taxable 'social' bonds for nonprofits are making their mark in the municipal space.

Cyberattacks are increasingly likely as more government employees work from home due to the coronavirus pandemic, analysts said.

Chuck Peck, head of public finance investment banking at Wells Fargo, discusses how COVID-19 has changed the municipal bond market. Aaron Weitzman hosts.

Municipals were stronger on the short- and intermediate ends as long maturities held firm in quiet trading on Wednesday.

The National League of Cities is focused on college towns as part of its effort to persuade the Senate to provide $500 billion to local governments.

The Detroit City Council agreed to put Mayor Mike Duggan's revised $250 milliot bond proposal on the November ballot after nixing his original plan last year.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

“I absolutely do intend on refilling my complaint,” Andrew Hennigan told The Bond Buyer.

King Co., Wash., Port of Houston and San Antonio deals went up for grabs Tuesday.

Howard Cure of Evercore Wealth Management and Maria Doulis of the Citizens Budget Commission examine variables related to the city's FY21 spending plan amid the coronavirus pandemic, a deep recession and civil unrest. Paul Burton hosts.

Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.

Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.

The United States Bureau of Labor Statistics' household and employer surveys tell different tales about the depth of Puerto Rico's downturn.

Municipals stronger ahead of this week's summer supply slate as Congress debates a potential fiscal stimulus package.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

Ports went into the pandemic with strong revenue models, though they say they need help to ensure they make good on their debts.