Public finance

1st Circuit judges upheld the bankruptcy court's ruling that payment of special revenue bonds is voluntary.

If an infrastructure bill is to happen local leaders will have to be "squarely in the middle of it," Columbia, S.C. Mayor and U.S. Conference of Mayors president Stephen Benjamin said at the National Muni Bond Summit.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Deals from the NYC TFA, Chicago, Illinois, California, Maryland and Miami-Dade County help satisfy demand.

Airport officials want an increased Passenger Facility Charge to pay back bonds, and say federal funding isn’t enough to pay for upgrades.

Private placements and direct bank loans allow more direct investor communication for issuers of all stripes, advocates say.

Platte County wants a court to confirm its decision to walk away from an appropriation pledge.

FEMA denied California reimbursement for a portion of Oroville Dam repairs, saying the state failed to maintain it.

Muni rates and ratios have benefited from macro themes driving rates lower, according to a report released Monday.

As the board wrangles with local officials over the budget, neither the federal courts nor the executive branch have taken action to address a legal challenge to its authority.

Investors will see municipal bonds of all stripes and shapes hit the market this week, with high-grades and high-yields competing with tax-exempt and taxable, all pricing into a declining yield environment amid recession worries.

Almost $9 billion of municipal bonds are coming to market with deals from a variety of issuers to quench the thirst of buyers experiencing a supply drought.

The MSRB plans to roll out changes to simplify the submission process on EMMA.

The city will bring $700 million of GO bonds in a tight window after an Illinois deal and before the city's mayoral runoff election.

The federal government ran a $234.0 billion deficit in February, the Treasury Department reported Friday.

Plans call for four Metro-North Railroad stations along an underused rail line in the East Bronx, with an eye toward real-estate value capture.

The deal received $3 billion in orders, allowing the finance team to trim yields.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.96 from 3.99% the week before.

Municipal bonds remained stronger on Thursday as deals from Indianapolis and California issuers came to market.

A motion in Title III bankruptcy court by holders of $4 billion of PBA bonds may thwart an effort by the Oversight Board to nullify $6 billion of general obligation bonds.