Refunding bonds

The region's municipal bond issuers borrowed $40.4 billion during the first half of the year as record low rates more than tripled refunding activity.

Trump's bare-bones campaign agenda released Aug. 23 promises to “build the world’s greatest infrastructure system.”

Whether Democrats regain control of the Senate may be the most crucial question for the municipal finance sector in this year’s November election.

The authority's issue will also provide new money to help finance renovations at the state's historic capitol building in Lansing.

The gap between the two sides includes state and local aid, with the administration offering to agree to $200 billion while the HEROES Act favored by Democrats would provide $915 billion.

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.

Dallas-Fort Worth International Airport's second major refunding saw results similar to the first, paving the way to a $1.1 billion deal next week.

Nassau County Executive Laura Curran's plan to offset a coronavirus-related deficit faces stiff opposition from the Republican-controlled legislature.

DFW reported present value savings of more than 27% from this week's current refunding of $489.5 million of tax-exempt bonds.

Hamden received its second hit from the rating agencies in four days when Fitch lowered the town's general obligation bonds to BBB.