Public finance

Nine major toll roads could generate more than $76 billion to help states deal with coronavirus pandemic costs.

Kevin McClure, an associate professor of higher education at UNC Wilmington, discusses how college residence hall projects funded through public-private partnerships face significant headwinds stemming from enrollment challenges caused by the COVID-19 pandemic. Andrew Coen hosts. (23 min)

The CTA heads into the market with an amended budget and warnings about the coronavirus pandemic's impact on its budget without a new infusion of federal aid.

Municipal bonds ended unchanged on Monday ahead of this week $8 billion of new issuance.

This week's $800 million deal is the first of $3.5 billion to be sold by the end of 2023 allowing Michigan to beef up its road and bridge infrastructure.

A surge in taxable muni volume has overall issuance 18% higher in the first half of 2020.

The housing and transportation sectors had the biggest declines in municipal bond volume.

The impact of COVID-19 has had a positive outcome for the bond insurers, as use of municipal bond insurance has surged 44.2% year-over-year for the first half of 2020.

The elite university is selling $300 million of taxable debt this week.

The federal $600 monthly addition to unemployment insurance boosted income, but the local economy took a bigger hit than that of the U.S.

Municipals were little changed on Friday after a market moved that took long yields up by as much as 15 basis points since mid-month.

The $1.13 billion competitive deal obtained Georgia's lowest combined interest rate ever, state officials said.

The region's bond issuers sold $55.4 billion of municipal debt during the first half of 2020, a 21.1% increase from the same period in 2019.

Municipals were steady to weaker, with yields up by as much as three basis points on the long end Thursday.

The structure in which bonds are backed by a lease of city streets is being used in the Southern California cities of Torrance and West Covina.

Infrastructure paired with a stimulus bill similar to that of 2009 is plausible only if Democrats take the White House, Senate and House.

Anu Rames of BNP Paribas Asset Management talks with Chip Barnett about “digital inequality" and the financing mechanisms available to investors to help close this "have and have not" gap in a post-pandemic world. (14 minutes)

The muni market steadied Wednesday as a strong dose of supply hit the screens.

Mayor Lori Lightfoot's administration isn't giving much hint as to how the city will pay for a plan to replace lead water service lines.

Vastly improved fund balance levels in New Jersey's largest city leading into the COVID-19 pandemic have helped weather financial headwinds posed by the health crisis.