Public finance

Municipals were mixed at midday as Treasury bonds weakened while the last of the week’s supply trickled into the primary market.

Danville schools will get some much-needed improvements, thanks to residents who voted in favor of an $8.9 million general obligation bond.

HJ Sims Managing Director German Ramirez and Senior Vice President Richard Prann focus in on the latest developments in Puerto Rico. They talk about what’s been happening with PREPA, COFINA and the GDB -- and discuss implications this may have for bondholders. Chip Barnett hosts.

Chicago would issue up to $10 billion of POBs under a proposal the mayor left to city council to decide.

Municipals look somewhat less attractive following last week’s rally, but should maintain a firm tone through year-end, an analyst said.

Puerto Rico's power authority won plaudits for attracting bids for its grid and scrapping a potentially costly gas plant.

Applications doubled from 2017, growing to 851 from all 50 states and also U.S. territories.

Pension and other retirement benefits still pose a stiff challenge, the organization said in its annual report card on the states.

The private passenger train project in Florida also faces new litigation from longtime adversary Indian River County.

Municipal bonds were trading mixed in mid-session activity as more supply came to market.

A bill would extend the sunset date of the law allowing local governments to issue pension obligation bonds and OPEB bonds past Dec. 31.

Rahm Emanuel will back a constitutional amendment to rein in pension benefits while city pension obligation bonds remain in play on a longer timeline.

The market absorbed a surge in bond issuance, led by the Dormitory Authority of the State of New York and the Illinois Toll Highway Authority.

“We have starved our state of a fundamental economic investment and job creator,” said Chicago Mayor Rahm Emanuel.

Rep. Steve Stivers plans to use the recruiting skills he honed as chair of the House GOP campaign arm to enlist new members of the bipartisan Municipal Finance Caucus in the next Congress.

Richard Gounaud, accused by the SEC of participation in a muni bond "flipping" scheme, claimed the use of the slang term created unfair bias.

Gov.-elect J.B. Pritzker will inherit $133.7 billion of unfunded pension liabilities, according to a nonpartisan state commission.

With only a few weeks left in the year, the muni market is poised for a burst of activity, while also looking ahead to what 2019 might bring.

Gov. Andrew Cuomo wants a second look at the planned L-train shutdown while Sen. Charles Schumer called the authority slow in positive train control.

The wholesale public power authority will refund outstanding debt, refinance commercial paper, and fund nuclear fuel for reactors 1 and 2 at Plant Vogtle.