Public finance

Preston Hollow's accusations against Nuveen of bully tactics underscore the cutthroat competition for market share.

In the week ended March 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 3.99% from 4.04% the previous week.

A few remaining deals trickled into a stagnant, steady market, as the SALT effects have impacted the seasonality typically associated with tax season.

The 2016 law is under fire from bond holders over the Oversight Board's failure to provide enough money for debt service and from local politicians over the board's efforts to impose fiscal austerity.

The sponsor of a bill to create a state infrastructure bank says it would leverage public-private partnerships to generate money for transportation projects.

In his waning days, Chicago Mayor Rahm Emanuel won approval for several development projects and a new money GO issue.

Municipal bonds held firm Wednesday as deals swarmed into the market from issuers in Virginia, New York and Texas.

The General Obligation group's lawyer says the board should focus on structural reforms and not legal challenges to bondholder claims.

A bill moving through the state legislature would wrest the airport from the city's control and place it under a state authority.

The Fed is now estimating household ownership of munis at market value instead of book or face value and has restated historical ownership.

The $11 million in tax exempt bonds that financed the construction of the K through 6 school are being paid off by the owner of the apartment building developed on part of the 1.67-acre site.

Bond Buyer Northeast Regional Editor Paul Burton explores the state's hot-button issues including pension liability and tolling. Chip Barnett hosts.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Fitch due to growing pension liabilities.

Chicago's CFO says investor outreach will stress fiscal controls that make it difficult for the city to backslide on its progress under Rahm Emanuel.

The initiative by New York City Comptroller Scott Stringer and the pension fund trustees raises the assets committed through the program above $1.5 billion.

Jim Kenney says his plan will boost the city’s pension and reserve levels while avoiding any tax increases.

Municipal CUSIP requests rose 16.7% in February, signaling possible growth in bond supply.

The groups believe the MSRB cast too wide a net to non-syndicate dealers in its January draft guidance.

Moody's views the ruling positively, but S&P says the court sidestepped the main issue.

Bob Spangler and Jim Tricolli say they are sticking with the winning strategy — and staff — established by Chris Hamel.