Public finance

Phil Murphy wants to put a $500 million bond referendum before voters to help pay for making the state’s water systems lead-free.

The policy would require firms to consider women and people of color for every open board seat and for CEO appointments.

The proposed 2020 Cook County spending plan comes ahead of Chicago's budget that must tackle a more than $800 million gap.

Coast to coast, issuers will sell billions of taxable bonds in a volatile market.

St. Louis-based Ascension Health Alliance will price up to $856 million through the Wisconsin Health and Educational Facilities Authority.

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.