Public finance

Lawmakers authorized more than $23 billion of borrowing and approved a $45 billion six-year capital plan.

The New York City Housing Development Corp. intends to issue up to $1.1 billion of multi-family housing revenue bonds and provide roughly $27 million of additional financing.

Municipal bond buyers are prepared Monday to see almost $7 billion of volume head their way this week.

In late May, the MSRB enhanced its search functionality on its Electronic Municipal Market Access site (EMMA) by implementing an algorithm that allows for predictive searching.

The tortured construction of Hartford's Dunkin' Donuts Park — marked by soaring costs for the city, the firing of the developer and a year delay in opening — has receded a bit in memory as the ballpark and its home team, the Yard Goats, host a third season, drawing fans even during a particularly rainy spring.

Center for an Urban Future is calling for an additional $100 million for the city's parks budget, and strategies from concession sales to developer contributions with zoning amendments.

The retirement system has said it may run out of money in 2020 or 2021.

If approved, the junk-rated city would issue $200 million of new money unlimited tax general obligation bonds in the summer of 2020.

Weekly bond volume is forecast to hit $6.99 billion in a calendar composed of $4.36 billion of negotiated deals and $2.63 billion of competitive sales.

The decision to release the plan signals a resolve on the part of at least some lawmakers to prioritize infrastructure legislation even though President Trump recently announced he won’t work with top congressional Democrats as long as he’s under investigation by them.

Though monthly issuance improved to $27.46 billion, the most this year, it remained 22% below the May 2018 level.

An analysis says Philadelphia is on a path toward paying down its liabilities, though the funding burden will continue to crowd out other priorities.

Financing would hinge on two major variables: the success of Hudson Yards-type value capture outside Manhattan, and aid from the federal government.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.74% from 3.75% the week before.

Congestion pricing and other promised streams still leave unanswered questions for New York's transit agency.

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

A large industrial revenue bond issue closed out the primary in a holiday-shortened week for the municipal bond market.

Minority Republicans had gummed up progress by forcing the House clerk to read every line of every bill, before two members broke ranks.

The board referred 13 public entities to the Puerto Rico Secretary of Justice and U.S. Department of Justice.

State and local governments would be able to issue tax-exempt PABs not subject to state volume caps if at least 95% or more of the net proceeds are used for green infrastructure.