Public finance

Municipals spent Thursday following the rally in Treasuries, with new issues dominating the focus.

The state will pool the assets of 650 public safety pension funds outside Chicago into two new funds: one for police and one for firefighters.

Next week's $500 million taxable revenue bond deal is backed by a 1% surcharge on annual incomes higher than $1 million.

David Hammer, vice president and head of municipal bond portfolio management at PIMCO, discusses munis' historic year in terms of performance and inflows and breaks down what makes muni so attractive. This podcast, recorded in September, is hosted by Aaron Weitzman.

The Chicago Civic Federation supports the proposed budget despite worries

The municipal market was hit with a ton and a half of new issuance with bond hungry investors waiting with open arms and cash in hand.

Five Republican representatives asked three Democrats to withdraw their legal brief opposing the agreement.

The state sells $268 million of GOs competitively this week while officials weigh refunding opportunities.

NDH founder Scott Haber told Louisiana officials that state tax credits can provide seed funding for public-private partnership projects.

The territory needs $1.3 billion to $2.3 billion of investment beyond the current level to support growth and competitiveness.

Chicago now expects to bank $215 million in upfront debt refinancing savings from a bond refinancing it expects late this year or early next.

The week’s new issuance got off to a slow start on Tuesday, but the Street is flush with cash and ready to pounce as the bigger deals price on Wednesday and Thursday.

The Missouri Highways and Transportation Commission takes bids Wednesday on its first new money deal in nine years.

The Ann Arbor, Michigan, schools persuaded voters that waiting would be more expensive, while pitching greener buildings in an education-driven community.

Elected officials in New York signed laws, enacted orders and proposed policies designed to help veterans.

In observance of Veterans Day, the bond markets were closed on Monday.

A U.S. District Court ruling against the Seneca Nation of Indians should bring more revenue to Buffalo and Niagara Falls while they combat budget challenges.

The changes will slim down underwriters' disclosures to issuers, which many believed had become too lengthy and wordy to be useful.

Regional Plan Association has renewed its proposal to establish a 24-mile, above-ground rail line to serve Brooklyn, Queens and the Bronx.

Taxables remain in focus this week with deals out of Texas and Wisconsin. California comes with $682M of exempts competitively.