Public finance

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

COVID-19 has put large burdens on state and local coffers and new business for the municipal bond insurers, generally, has increased.

Long-term munis strengthened as investors bank on recoveries and navigate an uncertain credit landscape.

Setting capital investment priorities and other efficiencies can help the public transit system through its coronavirus-related fiscal crisis, a budget watchdog says.

Hamden received its second hit from the rating agencies in four days when Fitch lowered the town's general obligation bonds to BBB.

Municipals finished little changed ahead of this week's almost $14 billion of new issues.

Moody's Investors Service and S&P moved their outlook the Detroit-based university's ratings to negative as the Michigan state school prepares to sell bonds.

From 2009 to the first half of 2019, the number of competitive bids increased, helping issuers get the best selling price, the MSRB says.

Supply-hungry buyers look forward to all of the week's new bond issues.

The authority realized $67 million in savings on its refunding.

Fourteen states and 19 local authorities have delayed or canceled road, transit and airport projects worth $8.58 billion due to the coronavirus.

Long-dated municipals end strong as new supply hits the screens while taxable issuance continues its run to near-record levels.

Build America Mutual's underwriting and risk-management guidelines have an insured portfolio that does not reflect the overall U.S. municipal market and may perform better in a stressful economic scenario, S&P said.

The $16 million, small-denomination offering, to finance projects with climate and environmental benefits. is modeled after World War II Series E bonds.

Jim Colby, senior municipal strategist and author of the Muni Nation blog at Van Eck, talks about what’s happened in the municipal bond market since March 20. He looks at the big picture after COVID-19 and drills down into municipal bond funds and ETFs. Chip Barnett hosts this remote podcast.

Organizers say the goal is for for technologies to make public transit safer, cleaner and more adaptive.

The new direct-pay bonds would be an improvement from the Build America Bonds because they would be exempt from the sequestration cuts.

Municipal bond prices remained steady as more supply hits the screens.

Highways and Transportation Authority collections are also behind expectations.

Washington State pulled a note deal after a glitch resulted in two-thirds of bidders not seeing a couponing instruction.