Public finance

With Memorial Day and the unofficial start to the summer approaching, the municipal bond market continues to dance to the same old song.

The orchestra received a first-time A rating from S&P Global Ratings ahead of its bond sale next week.

An IRS opinion that the existing bonds are tax-exempt is key to the exchange offer.

Amid the gadgets on display at the Smart Cities NYC conference, some local and regional officials spoke more pragmatically about making tech work.

Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.

By reducing debt service expenses with advance refundings, issuers were able to free up borrowing capacity for new investments.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped to 3.75% from 3.78% the week before.

The federation endorsed the plan only after Gov. J.B. Pritzker dropped plans for a partial pension funding holiday.

Some municipal market observes hope the mayor's run won't take attention away from the city's $92.5 billion budget.

Attention in the municipal market turned to the short-term sector on Thursday.

New York City Mayor Bill de Blasio with his wife Chirlane McCray by his side speaks to the press in lower Manhattan on Thursday.

The delay of $220 million of pension savings is the latest "upsetting piece of news for bondholders."

It's time for municipalities to rethink the way they're spending on water infrastructure, experts said this week.

Incoming CFO Jennie Huang Bennett and budget director Susie Park arrive as the city warns that pension contributions may rise more than previously projected.

Bob Bennett, former chief innovative officer for Kansas City, Mo., talks about his new firm and tech trends. Paul Burton hosts from the Smart Cities NYC conference.

Billions in new paper came and went just as quickly, with yields dropping from preliminary to final pricing for most of the bigger transactions.

Motions were filed to dismiss the Berkeley County School lawsuit, which alleges its CFO and finance team schemed to defraud the district.

Stephen Benjamin, mayor of Columbia, South Carolina, said P3s already work in metropolitan areas and dialogue needs to be opened with smaller cities looking at P3s.

The Garvee bonds would fund the reconstruction of the stretch through downtown Providence.

The board and the governor remain about $500 million apart on spending.