Public finance

A big competitive sale from a Texas issuer hit the screens on Wednesday,

Gov. Ned Lamont’s budget speech will include a far-reaching proposal by state Treasurer Shawn Wooden to shore up the wobbly Teachers’ Retirement Fund.

Moscow residents will vote May 21 on a 10-year, $9.64 million general obligation bond to fund the construction of a police station and remodeling of city buildings.

The issue of infrastructure cannot be fully negotiated without the loss of advance refundings being discussed.

New York City's gross city product grew 3.9% in the fourth quarter of 2018.

The ruling may benefit bondholders, though an appeal and political wrangling over Oversight Board appointments threaten to prolong the uncertainty.

Portfolio managers look likely to drive demand for this week’s new issue slate, which totals under $3 billion.

Munis showed strength as traders returned to work on Tuesday after the three-day holiday weekend.

Fayetteville property owners would see a tax increase under a proposal put forth by city staff to fund a wide range of public safety projects, to include new fire stations and a 911 call center.

The appeals court ruled the appointments were unconstitutional, but didn’t invalidate either the existing board's actions or the parts of the Puerto Rico Oversight, Management, and Economic Stability Act that didn't address the board appointment process.

Puerto Rico Sales Tax Financing Corp.'s restructured bonds started actively trading on Friday.

Financial advisor and attorney Calvin Grigsby and Shreveport, Louisiana, settled federal and state lawsuits without disclosing the terms.

IHS Markit’s Ipreo forecasts weekly bond volume will hit $2.8 billion next week.

New Jersey and Delaware agreed on a plan to raise tolls to fund capital improvements on a key northeast transportation link.

Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, fell to 4.06% from 4.09% the week before.

New Jersey Transit agreed to make back payments to Amtrak in a settlement both sides say will pave the way for infrastructure improvements.

Florida, Newark, and Missouri Health priced bonds as the week's action wound down.

The board said that the Senate is withholding bank account information.

Critics of incentives used to lure Amazon to New York City prevailed as the company canceled plans for a project that would have impacted housing and transit.