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Municipal bond volume dropped for a fourth straight month in May, falling 19.8% from a year earlier as new money deals failed to take up the slack from a plunge in refundings.
May 31
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New York's mayor and comptroller will vote to bar the city from entering into new contracts with Wells Fargo.
May 31
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A court heard Scranton's arguments against a lawsuit challenging an increase to the local services tax.
May 30
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The Bond Buyer presents a special Memorial Day podcast with three U.S. military veterans who are now working in munis. Matthew Murawski of Drexel Hamilton, Steve Kay of Academy Securities, and Jonathan Herrick of Mischler Financial Group talk about their lives and careers, their introduction into the world of public finance and their advice for service men and women looking to enter municipal finance field. Hosted by Chip Barnett.
May 30
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Municipal supply is set to drop to less than $5 billion after the long weekend as the market struggles with a lack of supply.
May 26
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New York City Council members chided Mayor Bill de Blasio for misaligned capital commitments.
May 25
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Atlantic City hit the bond market for the first time since a late 2016 state takeover Wednesday.
May 24
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A Connecticut town is enhancing its disclosure practices through new technology.
May 24
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Municipal volume will remain near recent levels the week before the Memorial Day holiday, supported by rising investor demand and a continuing bond rally, market participants said.
May 19
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Chicago Public Schools will borrow against delayed state grants to finish the school year.
May 19
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University of Connecticut bonds are on Moody's review for downgrade.
May 19
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New Jersey lawmakers sued, challenging the private placement of debt for the State House renovation.
May 18
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RBC Capital Markets hired David Utz, formerly of Goldman Sachs, as its managing director and head of its U.S. infrastructure team.
May 16
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MetroHealth's low-investment-grade deal received plenty of orders with attractive yields offered.
May 15
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Gov. Dannel Malloy presented a new Connecticut budget as two rating agencies downgraded the state.
May 15
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Municipal market participants are set for a second week of issuance greater than $8 billion amid a surge in demand.
May 12
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Build America Mutual reported a jump in claims-paying resources and statutory comprehensive income in the first quarter as well as a smaller statutory loss than in the past.
May 12
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New Jersey received final bonding approval on a large-scale state house renovation project.
May 12
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MBIA Inc. said first quarter profit of its U.S. public finance business fell as premiums from refunding transactions declined.
May 11
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New York’s Metropolitan Transportation Authority intends to return to the catastrophe bond market.
May 9
