Public finance

The primary municipal market saw fresh paper greeted by bond-craving investors who are looking to put money to work before a new decade dawns.

A new fiscal plan adopted by the Port Authority of New York and New Jersey increases debt service payments by 8% to support large-scale infrastructure efforts.

The index gained 0.4% year-over-year in October.

The agreement includes a $125 million increase in Community Development Block Grants and a $245.5 million increase in grants to state and local law enforcement.

CFO Dave Massaron said the city is mindful of a potential downturn as it navigates its fiscal recovery from bankruptcy.

As there are just eight full work days remaining in the year, muni market leaders believe that 2020 will look a lot like 2019 — high volume, increasing taxable issuance and strong demand.

Reuben R. McDaniel III will head the Dormitory Authority of the State of New York.

Denver International Airport expects to pay up to $210 million in termination costs to exit a public private partnership for renovation of its main concourse.

The Illinois Toll Highway Authority’s $698 million refunding eliminates its synthetically fixed debt in favor of fixed-rate paper.

Observers say the deal with the Transport Workers Union could strain the authority's operating and capital budgets.

Issuance drops ahead of the holidays; taxables maintain their presence.

The judge overseeing PHC's lawsuit accusing Nuveen of strong-arm tactics makes final push for mediated resolution before issuing opinion.

Citi sees volume growing in 2020 to $440 billion with $95 billion of taxables on tap for next year.

Ann Arbor Public Schools, which recently won $1 billion of new money authorization, will price $55 million of taxable bonds.

The New Jersey Economic Development Authority will sell the debt to fund 600 buses and 17 trains.

Florida says it was harmed, but the special master in the water rights case said Florida lacked clear and convincing evidence that Georgia is responsible.

Damian Smith, Chief Diversity Officer at Societe Generale, talks with Chip Barnett about diversity and inclusion in the financial marketplace. He discusses social and cultural change and the added value of having diverse viewpoints in the workplace.

Muni yields rose as more bonds hit the marketplace in the last big supply rush of the week.

A successful $405 million borrowing executed by Long Island's Nassau County last week helps maintain its financial progress toward exiting a nearly decade-long state control period.

Democrat Gretchen Whitmer will sign a supplemental bill restoring more than half of the funding she vetoed in a policy dispute with the GOP-led legislature.