Public finance

Rampant issuance continues with $12.4 billion, heavy on taxable deals. Meanwhile, the end of this volatile week had the secondary getting whacked with AAA benchmarks showing big cuts.

The House Natural Resources Committee, meanwhile, is meeting Oct. 22 to consider removing the infrastructure revitalization section from the federal legislation that established the Puerto Rico Financial Oversight and Management Board.

J.B. Pritzker wants lawmakers to pool the assets of hundreds of local public safety pension funds outside Chicago into two statewide funds.

The authority is bringing $950 million of taxable bonds and $1.7 billion of tax-exempts.

Moody's says the adoption of an on-time budget along with audited financials are positive developments.

The state aid will be especially helpful for cash-strapped municipalities that are already charging customers high water rates, Moody's said.

Issuers from New York, Florida and Nebraska offered buyers notes, bonds and taxable deals.

Fitch raised the airport's rating by one notch to A, citing rising traffic levels and robust financial metrics.

Massive borrowing for essential projects in the face of a projected deficit spike is a dilemma as its $51.5 billion capital program undergoes scrutiny.

Paul Malloy, head of municipals and credit research at Vanguard, tells why investors should take the long view to achieve relative value in munis as the year ticks on. Chip Barnett and Lynne Funk host.

The general obligation bond measure would allocate $9 billion to K-12 schools and $6 billion to the state's universities and community colleges.

Market demand for the high yields offered by riskier paper is pulling such credits into the market, Municipal Market Analytics says.

Bondholders' hopes of getting more than 13 cents on the dollar depend on rulings in various legal proceedings.

Competitive issues dominated Wednesday’s calendar with issuers from Nevada, Texas and New Jersey leading the pack.

Green bonds and taxables dominate the Massachusetts Water Resources Authority's $620 million sale.

A large calendar this week should spark high demand, market participants say.

The wild card part of this case is whether the justices decide to take an expansive look back on early 20th century decisions known as the Insular Cases and rule on the constitutional rights of U.S. citizens living in territories outside the 50 states.

New Jersey Gov. Phil Murphy is targeting voter-approved bond funding to tackle lead remediation projects at schools throughout the state.

The deal allows the university to shed a master trust indenture and concentrate its debt under the University of Nebraska Facilities Corp.

Janna Chernetz, a senior policy analyst at the Tri-State Transportation Campaign, discusses how New Jersey Transit is working to fix the myriad of budgetary challenges that are facing the nation's third-busiest public transportation system. Andrew Coen hosts.