Public finance

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The groups believe the MSRB cast too wide a net to non-syndicate dealers in its January draft guidance.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

New York, Chicago and Los Angeles, with disparate challenges, set the tone for effective planning, said Kroll.

Municipal bond buyers will see several big deals head their way this week. Taking the top spot is a $654 million deal from the Regents of the University of California to be priced by UBS while Citi is set to price the Lower Colorado River Authority's $370 million offering.

The board says that the governor appears to be deviating from the approved budget.

For the ninth week in a row, cash rushed into municipal bond funds. Analysts explain why.

The Berkeley County School District said its financial advisors and bond counsel were involved a fraud scheme that sent its CFO to prison.

While the board is also seeking high court review, its goals are opposite of those of the union.