Public finance

The offering of special tax obligation bonds comes as the state begins a four-phase reopening in its next response to the coronavirus.

Yields on all triple-A benchmark curves out to nine years are now below 1%. The largest bumps were again on the very short end of the curve. Lipper reported $580 million of inflows.

Oklahoma lawmakers stood their ground after Gov. Kevin Stitt vetoed the budget and diversions from pension funds and transportation.

The commonwealth has been able to access less than 30% of the aid the federal government promised after the devastating 2017 hurricane.

Maria Doulis of the Citizens Budget Commission discusses the city's challenges amid the coronavirus pandemic. Paul Burton hosts.

Investors scooped up Illinois’ $800 million deal as the state dug deep into its pockets .

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

Investors are sending the message that higher-grade, longer-term issuers will fare far better than lower-rated, higher-yield ones amid a focus on credit.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.

A pre-pricing wire will be discussed by the state, its syndicate, and advisors early Wednesday ahead of a decision on whether to launch the deal or remain on the day-to-day calendar.

The short end of the municipal curve again saw yields fall, but that didn't impede the productivity of the day's new-issue market.

Voters overwhelmingly signed off on local school bond and revenue requests, and Milwaukee voters chose a new comptroller.

The Fed on Monday essentially said it was standing 10 feet back from the market, allowing it to manage the pandemic-driven crisis itself. Lower-rated issuers may benefit most from the facility.

The COVID-19 pandemic got in the way of Salt Lake City International Airport's plans to issue bonds for the second phase of its $4.3 billion expansion.

High-grade trading Friday showed the disparate credit picture that investors are facing; they now need to dig deeper into municipal financials and the backstops on certain bonds.

Depending on recovery, state's deficit could soar to $126 billion.

The Puerto Rico Oversight Board and local government are being allowed to file additional replies concerning lift stay motions.

IRS General Counsel Michael Desmond said Wednesday his office has received “a number of requests” for extending deadlines.

In the midst of issuer credit deterioration due to coronavirus, muni yields fell and new-deals were priced on the heels of California's $54 billion deficit news.

The city will ask the Louisiana State Bond Commission to authorize issuing up to $100 million of revenue notes.