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28 Mar 2017: SURVEY INDICATES KC'S INFRASTRUCTURE BOND MEASURES PASSING
Kansas City's infrastructure bond proposal on the April 4 ballot appears to have sufficient voter support, according to a recent poll, although the survey question didn't specifically mention the property tax increase needed to pay off the bonds. ... more info

28 Mar 2017: MUNIS STEADY AS CONN., SAN JOSE DEALS PRICE
Top-quality municipal bonds were unchanged at mid-session, traders said, as more supply hit the market, topped by the institutional pricings of the Connecticut and San Jose deals. ... more info

28 Mar 2017: INVESTORS FILE TWO SUITS AGAINST TRUSTEE BOKF IN BROGDON-RELATED CASES
Investors with holdings in municipal conduit bonds that have been the subject of recent SEC enforcement actions over fraudulent commingling of assets are suing Bank of Oklahoma Financial, which served as the trustee for many of the faulty offerings. ... more info

28 Mar 2017: MUNIS STRENGTHEN AS CONN., SAN JOSE DEALS PRICE
Top-quality municipal bonds ended stronger on Tuesday, traders said, as more supply hit the market, topped by the institutional pricings of Connecticut and San Jose deals. ... more info

28 Mar 2017: PUERTO RICO CREDITORS SAY OVERSIGHT BOARD IS BREAKING THE LAW
Holders and insurers of $11.9 billion of bonds sent a letter to the Puerto Rico Oversight Board arguing that its fiscal plan breaks the law by ignoring creditor rights. ... more info

28 Mar 2017: ATLANTA SEWER AND WATER DEBT GETS ONE-NOTCH MOODY'S UPGRADE
Atlanta’s water and sewer bonds won a one-notch rating boost to Aa2 from Moody's Investors Service ahead of a $232 million refunding deal scheduled to price April 25. ... more info

27 Mar 2017: HOLY SMOKES: CALIF.'S TOBACCO BOND DEAL HEADS OUR WAY
In the latest installment of Muni Minute, we take a quick look at the big tobacco bond sale coming from the Golden State Tobacco Securitization Corp. Jefferies will price over $600 million of the tobacco settlement asset-backed bonds this week. With muni yields still at historically low levels, investors seeking higher yielding assets may be willing to take on a bit more risk in order to get it. ... more info

27 Mar 2017: DISTRICT 36 BOARD MAKES $30 MILLION EARLY BOND PAYMENT
In a move aimed at lowering reserves and cutting taxes, members of the Winnetka Public Schools District 36, Ill., board have agreed to pay off bonds issued 10 years ago earlier than scheduled, a move district officials said amounted to paying taxpayers back $30 million. ... more info

27 Mar 2017: K.C. COUNCIL MEMBERS AIM TO ANSWER BONDS QUESTION
Kansas City Council members making the rounds to promote the April 4 bond issues election keep hearing one particular question that needs an answer. ... more info

27 Mar 2017: MUNIS STRONGER AS CONN., SAN JOSE DEALS PRICE FOR RETAIL
Top-rated municipal bonds were stronger at mid-session, according to traders, as two big deals from Connecticut and San Jose were priced for retail investors. ... more info

27 Mar 2017: CONN., SAN JOSE DEALS PRICE FOR RETAIL; MUNIS STRONG
Top-rated municipal bonds finished stronger on Monday, according to traders, as two big deals from the state of Connecticut and the city of San Jose were priced for retail investors. ... more info

27 Mar 2017: PENSION BURDEN SPURS ANOTHER NEW JERSEY DOWNGRADE
Rising pension liabilities landed New Jersey its second downgrade in less than four months Monday, with Moody’s Investors Service dropping the state’s general obligation bonds one notch to A3. ... more info

27 Mar 2017: WESTINGHOUSE EYES FRIDAY FOR POSSIBLE CH. 11 FILING
U.S. nuclear contractor Westinghouse reportedly could file for bankruptcy by Friday, Reuters said, casting new doubt on public power providers that issued municipal bonds for nuclear plants in Georgia and South Carolina. ... more info

24 Mar 2017: UO STEPS UP REQUEST FOR $100M IN BONDS FOR SCIENCE CAMPUS
The University of Oregon is stepping up the pressure on lawmakers to kick in $100 million in state bonds to help pay for two new science buildings in Eugene. ... more info

24 Mar 2017: SLOWIK: THORNTON SAYS BONDS TO FUND SCHOOL IMPROVEMENTS WILL LOWER TAXES
Property owners in South Holland, Harvey, Dolton and other parts of Thornton Township High School District 205, Ill., can expect lower taxes despite plans to spend $30 million to improve school facilities, a district official said. ... more info

24 Mar 2017: GEISINGER PLANS $850M BOND ISSUE FOR REFINANCING, PROJECTS
Geisinger Health System needs approvals from 14 Pennsylvania counties and one New Jersey county to issue up to $850 million in bonds for projects throughout the system. ... more info

23 Mar 2017: SAN JOSE AIRPORT DEAL SMOOTHS DEBT SERVICE SCHEDULE
San Jose, Calif. is prepared to issue $640.7 million of airport revenue refunding bonds in a deal city officials expect to generate savings “well in excess” of their policy goals. ... more info

23 Mar 2017: SCOTT: IRS SHOULD GO AFTER DEVELOPER, LAWYERS IN DC BOND DEAL
D.C. is appealing the IRS determination of taxability on its bonds while a former IRS official faults the developer and bond counsel for violations of tax requirements. ... more info

23 Mar 2017: HIGH STAKES CALIFORNIA HIGH-SPEED RAIL HEARING LOOMS
A courtroom hearing next month will determine whether California can issue a portion of nearly $10 billion of voter-approved bonds for its high-speed rail program. ... more info

23 Mar 2017: PUERTO RICO GO BONDHOLDERS CALL FOR NEGOTIATIONS
Puerto Rico’s general obligation bondholders called for negotiations on the island’s debt after a judge halted litigation between them and holders of the island’s sales tax revenue bonds. ... more info

22 Mar 2017: BONDS OK'D AT RESCHEDULED TOWN ELECTIONS CALLED INTO QUESTION
If the state does not legally ratify the votes taken at town meetings or voting days postponed because of last Tuesday's blizzard, bonds approved by voters at those meetings will be moot, according to the leading bond attorney for New Hampshire cities and towns. ... more info

22 Mar 2017: BILL TO LET COUNTY ISSUE $100 MILLION MORE IN BONDS ADVANCES TO COUNCIL VOTE
With details of Frederick County, Md.'s long-term capital plan scheduled to be unveiled next month, the County Council is moving forward with a measure to help pay for those projects. ... more info

22 Mar 2017: TOSHIBA WOES HARM OUTLOOK FOR PUBLIC POWER NUKE BONDS
Heightened concern about a potential Westinghouse bankruptcy filing resulted in negative outlooks on municipal bonds issued for new nuclear units the company is building in Georgia and South Carolina. ... more info

21 Mar 2017: HOUSTON MAYOR SEES PENSION BOND VOTE REQUIREMENT AS 'POISON PILL'
A bill requiring a vote on $1 billion of pension bonds is a “poison pill” that could derail Houston’s efforts to restructure its debt to city employees, Mayor Sylvester Turner said. ... more info

21 Mar 2017: MUNIS STRENGTHEN AS N.Y., CALIF. DEALS ON TAP
Top-quality municipal bonds were stronger at mid-session, traders said, as the New York State Environmental Facilities Corp. was ready to be priced for institutions while the San Francisco Unified School District was competitively selling bonds. ... more info

21 Mar 2017: MUNIS END STRONGER AS NYS EFC WATER DEAL SELLS
Top-quality municipal bonds finished stronger on Tuesday, traders said, as the New York State Environmental Facilities Corp. deal priced for institutions. ... more info

21 Mar 2017: PRIVATE N.J. COLLEGE SLIDES TO DEEP JUNK LEVEL
Drew University's bonds went deeper into junk territory after Moody's Investors Service cited the small Madison, N.J., private college's "unsustainable operating deficits" and weakening reserves. ... more info

21 Mar 2017: POLITICS COULD STALL CMS BONDS
If you heard Mecklenburg County, N.C., commissioners lining up to decry the state of Charlotte-Mecklenburg's school buildings Monday, using terms like "embarrassing" and "a travesty," you might assume they're eager to pay for upgrades and new buildings. ... more info

20 Mar 2017: NYS EFC DEAL PRICES FOR RETAIL; MUNIS END STRONGER
Top-rated municipal bonds ended stronger on Monday, according to traders, as primary action kicked off with the retail pricing of the week’s largest deal. ... more info

20 Mar 2017: MUNIS STRENGTHEN AS MARKET PREPS FOR $4.5B WEEK
Top-rated municipal bonds were stronger at mid-session, according to traders, who were looking ahead to a week in which $4.5 billion of bonds are slated to come to market. ... more info

17 Mar 2017: SENATE PANEL PASSES $300 MILLION BILL TO BOND FOR ROADS
BOISE, Idaho -- Following a harsh winter that left the state's roads crumbling, the Senate Transportation Committee cleared a bill Thursday to take out $300 million in bonds to fund new road projects. ... more info

17 Mar 2017: COUNTY TO MULL REFINANCE OF SCHOOL BONDS
The county could realize a savings of approximately $253,865 if the Claiborne County, Tenn., Commission adopts resolution 2017-015 during its regular monthly meeting. The resolution calls for the refinancing of school bonds totaling some $4.485 million in aggregate principal. ... more info

17 Mar 2017: MUNI YIELDS DIP AS TRADERS EYE NEW CALENDAR OF $4.5B
Top-shelf municipal bonds were stronger on Friday at midday, as yield on some maturities were as many as two basis points lower, according to traders who were starting to prep for next week's estimated $4.5 billion calendar. ... more info

16 Mar 2017: CUYAHOGA VOTE LOOMS ON ARENA BONDS
Despite pressure to slow down the approval process, the Cuyahoga City Council plans to vote March 28 on a $140 million debt issue to finance renovations to the Quicken Loans Arena. ... more info

16 Mar 2017: MUNI YIELDS DIP WHILE NEW YORK ESDC SELLS $1.84B
Top-shelf municipal bonds finished Thursday stronger, as yields lowered by as many as three basis points in some maturities, according to traders who saw the last issuance of the week come to market. ... more info

15 Mar 2017: SPRINGFIELD REFINANCING EXPECTED TO TRIGGER SAVINGS OF $3.8M
SPRINGFIELD, Mass. -- The city anticipates a long-term savings of $3.8 million as a result of the recent refinancing of bonds issued in 2007 and to help finance the Union Station redevelopment project. ... more info

15 Mar 2017: MUNIS STRENGTHEN ON NEWS OF RATE HIKE
Top-shelf municipal bonds finished mostly stronger on Wednesday, according to traders, as yields were as many as four basis points lower in some maturities on news that the Federal Open Market Committee announced a raise in interest rates by 0.25%, as was anticipated. ... more info

14 Mar 2017: CITY, COUNTY HAVE APPARENT DEAL ON BOND REPAYMENT
After months of discussion and study, it appears the city of Washington, Ind., and Daviess County have come up with an agreement that will allow both of them to retire some bonds early and, in the long run, save the city and county money. ... more info

14 Mar 2017: MUNIS SLIGHTLY WEAKER AS A FLURRY OF DEALS PRICE
Top-shelf municipal bonds were slightly weaker on Tuesday around midday, as yields on some maturities were as many as one basis point higher while the long end of the curve is steady, according to traders who said they saw a flurry of activity. ... more info

14 Mar 2017: MUNI MARKET SEES FLURRY OF ACTIVITY
Top-shelf municipal bonds closed weaker on Tuesday as yields were as many as three basis points higher on some maturities on the front end of the curve, according to traders, as a flurry of deals priced in the primary market. ... more info

14 Mar 2017: SEC ASKS FOR JUDGMENT AGAINST INDIVIDUAL IN PUERTO RICO BOND SCHEME CASE
The SEC wants a Puerto Rico federal court to agree that Jose Ramirez, a former UBS Puerto Rico employee, engaged in a scheme to defraud investors in closed-end funds with large investments in Puerto Rico bonds. ... more info

13 Mar 2017: REGISTRATION FEES ARE KEY FOR EL PASO MOBILITY AUTHORITY
With doubts over the future of tolling in El Paso, the Texas city's designated toll authority will issue $35 million of revenue bonds backed by vehicle registration fees this month. ... more info

13 Mar 2017: MUNIS MIXED AHEAD OF $5.8B CALENDAR
Top-shelf municipal bonds were mixed around midday on Monday, as yields on some maturities are as many as two basis points higher while other maturities on the long end of the curve are steady, according to traders. ... more info

13 Mar 2017: KANDIYOHI COUNTY TO SELL BONDS NEXT MONTH TO FINANCE BROADBAND PROJECT
WILLMAR, Minn. -- Tax abatement bonds will be issued this spring to finance Kandiyohi County's matching share of a $10 million private-sector project to bring broadband to some of the rural neighborhoods that need it most. ... more info

13 Mar 2017: IRS TAXABILITY NOTICE SENDS ISSUER SEEKING CALL WAIVER, FEDERAL FUNDS
The Baker Correctional Development Corp. is trying to get a waiver from a mandatory call and federal funds to refund bonds from tax-exempt to taxable, in the wake of an IRS finding that bonds are taxable. ... more info

13 Mar 2017: MUNIS WEAKEN AS NY ESDC POSTPONES SALE DUE TO BLIZZARD
Top-shelf municipal bonds finished weaker on Monday, as yields on some maturities rose as many as three basis points, according to traders. The five competitive sales the Empire State Development Corp. had planned for Tuesday were delayed until Thursday, because of a blizzard warning for the New York City area. ... more info

9 Mar 2017: MUNIS TURN MIXED AS N.Y. MTA, L.A. DWP PRICE
Top-quality municipal bonds were mixed at mid-session, according to traders, who were seeing the last of the week's big issues hit the market as large deals from the New York Metropolitan Transportation Authority and the Los Angeles Department of Water and Power were priced on Thursday. ... more info

9 Mar 2017: NEW JERSEY EDA UPGRADED TO AA-PLUS BY S&P
S&P Global Ratings said it raised its rating on various New Jersey Economic Development Authority's school facilities construction bonds six notches to AA-plus from BBB-plus. ... more info

9 Mar 2017: N.Y. MTA, L.A. DWP DEALS PRICE AS MUNIS WEAKEN
Top-quality municipal bonds ended weaker on Thursday, according to traders, as the last of the week’s bigger issues hit the market, including deals from the New York Metropolitan Transportation Authority and the Los Angeles Department of Water and Power. ... more info

9 Mar 2017: SAN ANTONIO WATER FACES IRS AUDIT ON $89M OF BONDS
The San Antonio Water System is facing its first audit by the Internal Revenue Service in years, as the IRS examines the tax-exemption on $83 million of bonds. ... more info

9 Mar 2017: TREASURY 30-YEAR BONDS GO AT 3.170% HIGH YIELD
The Treasury Department Tuesday auctioned $12 billion of 29-year 11-month bonds with a 3% coupon at a 3.170% high yield, a price of 96.726650. ... more info

8 Mar 2017: NOBLES COUNTY APPROVES SALE OF BONDS
WORTHINGTON, Minn. -- Nobles County's AA+ Standard and Poor's bond rating attracted 10 bidders for its sale of $6.54 million in general obligation capital improvement plan bonds. ... more info

8 Mar 2017: WACO, TEXAS, UPGRADED TO AA1 BY MOODY'S
Moody's Investors Service said it has upgraded the city of Waco, Texas's general obligation limited tax debt to Aa1 from Aa2, impacting $355.2 million in previously issued bonds. ... more info

8 Mar 2017: MUNIS WEAKEN AS MARYLAND SELLS $1B-PLUS
Top-quality municipal bonds finished weaker on Wednesday, according to traders, as the state of Maryland sold over $1 billion of top-rated bonds in the competitive arena. ... more info

8 Mar 2017: MUNIS WEAKEN AS MARYLAND SELLS $1B-PLUS DEALS
Top-rated municipal bonds were weaker at mid-session, according to traders as the state of Maryland sold over $1 billion of high-quality bonds in the competitive arena. ... more info

7 Mar 2017: MUNIS MIXED AS CALIF.'S $2.4B GOS PRICE
Top-quality municipal bonds were mixed at midday, traders said, as the hefty California and New York City sales were priced for institutions. ... more info

7 Mar 2017: ST. PAUL ROLLS OUT INVESTOR WEBSITE
St. Paul, Minn.’s new investor relations website is making its debut in tandem with a competitive sale of $43 million of general obligation and revenue-backed green bonds set for Wednesday. ... more info

7 Mar 2017: MUNIS END MIXED AS CALIF., NYC TFA PRICE
Top-quality municipal bonds ended narrowly mixed on Tuesday, traders said, as the hefty California and New York City sales were priced for institutions. ... more info

7 Mar 2017: CAVS' ARENA BOND DEAL NO SLAM DUNK FOR ALL CLEVELANDERS
The popularity of the National Basketball Association’s champion Cleveland Cavaliers may not extend to Cuyahoga County’s proposal to sell $140 million of bonds to update the team’s 22-year-old arena. ... more info

7 Mar 2017: FORMER BOKF EMPLOYEE AGREES TO BAN, FINE TO SETTLE OVER BROGDON FRAUD
Marrien Neilson, the former BOK Financial employee the SEC said was responsible for concealing some of Christopher Brogdon's securities fraud, agreed to a first of a kind ban on her acting as an indenture trustee or dissemination agent for municipal bonds as well as a $55,000 payment to settle the charges. ... more info

6 Mar 2017: TRUMP'S TURN TO PRIVATE JAILS BOOSTS THEIR BONDS
President Donald Trump’s plan to rely on private prisons to house federal inmates and immigration detainees is reviving interest in the high-yield bonds that financed the lockups. ... more info

6 Mar 2017: MUNIS STEADY AHEAD OF $10B-PLUS CALENDAR
Top-rated municipal bonds were steady at md-session, according to traders as the bond market gets set to see about $10.23 billion of new supply hit the screens this week, with the biggest bond deal of 2017 to date slated to be priced. ... more info

6 Mar 2017: OVERSIGHT BOARD DIRECTOR OWNS AT LEAST $265,000 IN PUERTO RICO BONDS
Puerto Rico Oversight Board Interim Executive Director Ramón Ruiz owns at least $265,000 in Puerto Rico bonds and debt, in what some observers said may be a violation of federal laws on conflict of interest. ... more info

6 Mar 2017: OKLAHOMA DEALS $70M TO REPAIR CAPITOL AFTER DOWNGRADE
Oklahoma expects strong demand for $70 million of capitol repair bonds despite an S&P downgrade and continuing struggles to cover a nearly $900 million revenue shortfall. ... more info

6 Mar 2017: ILLINOIS BAB LOSSES MOUNT
Illinois governments could lose up to $400 million in federal interest rate subsidies on their Build America Bonds under prolonged federal budget sequestration, according to a new academic study that looks at the losses as similar programs are eyed to help fund $1 trillion in infrastructure spending ... more info

6 Mar 2017: MUNIS MOSTLY STEADY AHEAD OF BIG CALENDAR
Top-rated municipal bonds were mostly steady on Monday, though yields rose a basis point on four maturities, according to traders, as the bond market got set for about $10.23 billion of new supply this week. ... more info

6 Mar 2017: MUNI MINUTE: $10.2B CALENDAR CHOCK-FULL OF HIGH GRADE PAPER
In the latest episode of Muni Minute, we focus our spotlight on this week’s primary calendar, and how much of it is extremely high grade paper. California leads the way with at least $2.4 billion and Maryland trails with $1.19 billion of its top rated, triple-A paper. The timely arrival of large amount of high quality bonds should help set the nature and course of this week’s market. ... more info

6 Mar 2017: CALIFORNIA HIGH-SPEED RAIL AUTHORITY GETS SOME BOND CLEARANCE
California’s High Speed Rail Authority can sell bonds for the Central Valley segment, said the director of California’s Department of Finance. ... more info

3 Mar 2017: MUNIS WEAKEN AHEAD OF $10.2B CALENDAR
Top-shelf municipal bonds were weaker at mid-session, according to traders, as the market took stock of this week's yield volatility as it looks ahead to next week's chunky new issue slate, which includes the biggest deal so far this year. ... more info

3 Mar 2017: SEC PROPOSAL ON BANK LOANS MAY BE FAR REACHING
The SEC’s proposal to obtain more information disclosures on bank loans, placements and other financing alternatives to municipal bonds could affect leases, guarantees, derivatives and certain monetary obligations. ... more info

2 Mar 2017: CHAMBER ASKS LEGISLATORS TO RE-ISSUE TURNPIKE BONDS
Beckley-Raleigh County Chamber of Commerce officers are asking West Virginia lawmakers to re-issue bonds for the West Virginia Turnpike, and Beckley Mayor Rob Rappold said he's hoping city council members will join the effort. ... more info

1 Mar 2017: MUNIS WEAKEN AS NEW SUPPLY SWEEPS IN
Top-quality municipal bonds were weaker on Wednesday, according to traders, as large competitive offerings from Maryland and Nevada issuers hit the market. ... more info

1 Mar 2017: SEC TO PROPOSE ISSUER DISCLOSURES ON BANK LOANS, PRIVATE PLACEMENTS
SEC Commissioners gave the green light on Wednesday for the staff to propose two new amendments to Rule 15c2-12 that would require issuers and borrowers to disclose certain information about bank loans and private placements, which are increasingly used alternatives to publicly offered muni bonds. ... more info

1 Mar 2017: VASSAR COLLEGE, N.Y., OUTLOOK REVISED TO NEGATIVE BY S&P
S&P Global Ratings said it revised the outlook to negative from stable and affirmed its AA-minus rating on New York State Dormitory Authority's series 2010 revenue bonds and the Dutchess County Local Development Corp.'s series 2013 revenue bonds, issued for Vassar College. ... more info

1 Mar 2017: VIRGIN ISLANDS BONDS PLACED ON S&P WATCH NEGATIVE
S&P Global Ratings said it placed its B rating on the Virgin Islands Public Finance Authority's matching fund loan notes, senior- and subordinate-lien bonds, issued for the U.S. Virgin Islands (USVI), on CreditWatch with negative implications. At the same time, S&P said it placed its B-minus rating on the authority's gross receipts tax bonds on CreditWatch with negative implications. … ... more info

1 Mar 2017: MUNIS END WEAKER AS NEW SUPPLY SWEEPS IN
Top-quality municipal bonds ended weaker on Wednesday, according to traders, as large competitive offerings from Maryland and Nevada issuers hit the market. ... more info

1 Mar 2017: ST. ANTHONY'S MEDICAL CENTER, MO BOND RATINGS LOWERED TO 'BBB+'
S&P Global Ratings lowered its issuer credit rating (ICR) on St. Anthony’s Medical Center (SAMC), Mo. to 'BBB+' from 'A-' and also lowered its long-term rating on Missouri Health & Educational Facilities Authority's series 2015B bonds issued for SAMC to 'BBB+' from 'A-'. The outlook is negative. ... more info

1 Mar 2017: PORTLAND, OREGON VOTERS TO WEIGH IN ON $790 MILLION BOND
Portland, Ore. voters will decide whether or not to approve $790 million of school bonds in May following a unanimous vote from the city’s school board. ... more info

27 Feb 2017: MUNIS FLAT AHEAD OF MODERATE SUPPLY SLATE
Top-rated municipal bonds were unchanged at mid-session, according to traders, ahead of the week's $4.3 billion new issue calendar. Market participants will be keeping an eye on yields, which have been rather volatile the past few weeks. ... more info

27 Feb 2017: WHY S&P STILL SEES PRIVATE PRISONS AS RISKY
Despite the U.S. Attorney General’s reversal of plans to end use of private, for-profit prisons, the bonds used to finance the facilities still bear the risk of abrupt policy changes, according to S&P Global Ratings. ... more info

27 Feb 2017: AS ACA REPEAL LOSES STEAM, HOSPITAL BONDS ATTRACTIVE
Some analysts see an opportunity in hospital bonds, as the spreads in that sector have continued to widen even as the push to repeal the Affordable Care Act loses steam. ... more info

11 Feb 2017: FRENCH DEBT JITTERS SHOW A DISCONNECT
French government bonds markets are selling off on worries that a possible Marine Le Pen win in national elections could lead France to pull out of the euro, but investors in other markets seem less concerned. ... more info

10 Feb 2017: GREEK BOND COULD SET DEADLINE ON COUNTRY'S TALKS WITH CREDITORS
Greece made a triumphant return to bond markets in 2014, proclaiming it had turned the corner two years after its near-exit from the euro, but now one of those bonds has come back to haunt it. ... more info

24 Feb 2017: GUILFORD COMMISSIONERS RAISE DEPUTY SALARIES, APPROVE BONDS
GREENSBORO, N.C. -- Some Guilford County sheriff's deputies will get paid more under a plan approved Thursday that aims to address recruitment and retention issues in certain jobs. ... more info

24 Feb 2017: VERMONT MUNICIPAL BOND BANK UPGRADED TO AA1 BY MOODY'S
Moody's Investors Service said it has upgraded to Aa1 from Aa2 the general obligation rating of the Vermont Municipal Bond Bank's 1988 general resolution debt. Concurrently, Moody's has assigned an Aa1 rating to the VMBB's 2017 bonds, consisting of $30.8 million 2017 Series 1 Bonds and $5.5 million 2017 Series 2 Bonds (green bonds). … ... more info

24 Feb 2017: NEW MONEY DEAL WILL FINANCE DETROIT ARENA ADAPTATION
In a change of course, a Detroit authority will issue new bonds to finance the $34 million cost of adapting the under-construction Little Caesars Arena to house the Detroit Pistons basketball team. ... more info

23 Feb 2017: REVENUE BOND ISSUERS ARE FEELING THE STING OF RISING INTEREST RATES
Issuers of revenue bonds are beginning to fully understand how interest rate risk works and how they are affected by rising interest rate risk. ... more info

23 Feb 2017: SIX BONDHOLDERS FILE BROGDON-RELATED CLAIM AGAINST BOKF WITH FINRA
Six holders of municipal revenue bonds underwritten by Christopher Brogdon are trying to recover as much as $1 million in lost capital as well as other expenses from bond trustee BOK Financial Securities. ... more info

22 Feb 2017: MUNIS END STRONGER AS SUPPLY TRICKLES IN
Top-rated municipal bonds lost earlier gains to finish unchanged on Wednesday, traders said, while U.S. Treasuries turned mixed after the Federal Reserve released minutes of its latest meeting that signaled higher interest rates may be imminent. ... more info

22 Feb 2017: COFINA BONDHOLDERS ENTER CASE TO AVOID CUT OF BOND PAYMENTS
Senior holders of Puerto Rico Sales Tax Financing Corp. (COFINA) bonds filed a motion Wednesday to become involved in a court case that pits their interests against those of the commonwealth’s general obligation bond holders. ... more info

21 Feb 2017: MUNIS END STEADY AHEAD OF NEW ISSUE SLATE
Top-quality municipal bonds ended unchanged in quiet activity on Tuesday, according to traders, who returned to their desks after a three-day holiday weekend. Market participants will be looking ahead to a smaller-than-usual new issue calendar that will be pricing into a volatile yield environment. ... more info

23 Feb 2017: REVENUE BOND ISSUERS ARE FEELING THE STING OF RISING INTEREST RATES
Issuers of revenue bonds are beginning to fully understand how interest rate risk works and how they are affected by rising interest rate risk. ... more info

23 Feb 2017: SIX BONDHOLDERS FILE BROGDON-RELATED CLAIM AGAINST BOKF WITH FINRA
Six holders of municipal revenue bonds underwritten by Christopher Brogdon are trying to recover as much as $1 million in lost capital as well as other expenses from bond trustee BOK Financial Securities. ... more info

22 Feb 2017: COFINA BONDHOLDERS ENTER CASE TO AVOID CUT OF BOND PAYMENTS
Senior holders of Puerto Rico Sales Tax Financing Corp. (COFINA) bonds filed a motion Wednesday to become involved in a court case that pits their interests against those of the commonwealth’s general obligation bond holders. ... more info

22 Feb 2017: MUNIS END STRONGER AS SUPPLY TRICKLES IN
Top-rated municipal bonds lost earlier gains to finish unchanged on Wednesday, traders said, while U.S. Treasuries turned mixed after the Federal Reserve released minutes of its latest meeting that signaled higher interest rates may be imminent. ... more info

21 Feb 2017: MUNIS STEADY AHEAD OF NEW ISSUE SLATE
Top-quality municipal bonds were unchanged at mid-session, according to traders who returned to their desks Tuesday after a three-day holiday weekend. They will be looking ahead to a smaller-than-usual new issue calendar that will be pricing into a volatile yield environment. ... more info

21 Feb 2017: DUNCAN SCHOOL DISTRICT ASKING FOR NEW BOND ISSUES
The Duncan Public Schools District, Okla., went to the Duncan board of education to get their approval to begin the work to get the citizens of the district to vote on two new school bonds. ... more info

21 Feb 2017: MUNIS END STEADY AHEAD OF NEW ISSUE SLATE
Top-quality municipal bonds ended unchanged in quiet activity on Tuesday, according to traders, who returned to their desks after a three-day holiday weekend. Market participants will be looking ahead to a smaller-than-usual new issue calendar that will be pricing into a volatile yield environment. ... more info

17 Feb 2017: AU MEDICAL CENTER SEEKING DEVELOPMENT AUTHORITY BONDS
Richmond County, Ga., economic developers have given AU Medical Center tacit approval to borrow up to $75 million through a bond issue, allowing the hospital to refinance existing debt and build an infectious disease clinic near the downtown campus. ... more info

17 Feb 2017: PUERTO RICO PUBLIC BUILDINGS REVS CUT TO D BY FITCH
Fitch Ratings has downgraded the rating on the following bonds issued by the Puerto Rico Public Buildings Authority to D from C to reflect payment default: Government facilities revenue and revenue refunding bonds, series R, S, T, and U. ... more info

17 Feb 2017: ONE-NOTCH UPGRADE FOR 32 MICHIGAN LOCAL GOVERNMENT GOLT
The general obligation limited tax bonds of 32 local governments in Michigan were upgraded one notch on the back of a ratings methodology change by Moody’s Investors Service. ... more info

17 Feb 2017: CALIF. BONDS RATED AA-MINUS BY S&P
S&P Global Ratings said it assigned its AA-minus long-term rating, and stable outlook, to California's estimated $2.4 billion of general obligation bonds. ... more info

16 Feb 2017: MUNIS END STRONGER AS MARKET EYES YIELD VOLATILITY
Top-rated municipal bonds finished stronger Thursday, traders said, after new issuance evaporated and yields see-sawed ahead of a holiday-shortened week. ... more info

16 Feb 2017: CARY COUNCIL APPROVES SALE OF BONDS FOR WATER UTILITY WORK
CARY, N.C. -- The Cary Town Council authorized the sale of a $37.5 million in bonds and awarded a contract for the widening of Green Level West Road Thursday. ... more info

16 Feb 2017: MUNIS STRENGTHEN AS MARKET TAKES STOCK OF DEALS
Top-rated municipal bonds were stronger at mid-session, according to traders, as the market wound down the week leaving participants to watch yields as new issuance evaporated ahead of a holiday-shortened week. ... more info

16 Feb 2017: CLARK CO., NEV., GOS RAISED TO AA-PLUS BY S&P
S&P Global Ratings said it raised its long-term rating and underlying rating to AA-plus from AA on Clark County, Nev.'s existing general obligation bonds. ... more info

16 Feb 2017: TREASURY INDEXED 30-YEARS GO AT 0.923% HIGH YIELD
The Treasury Department Thursday sold $7 billion of inflation-indexed 30-year bonds at a 0.923% yield, an adjusted price of 98.760665, with a 7/8% coupon. ... more info

15 Feb 2017: MUNIS END WEAKER AS MARKET EYES DATA, FED
Top-quality municipal bonds again finished weaker Wednesday, according to traders, as yields on some maturities ended as much as six basis points higher. ... more info

15 Feb 2017: SOUTHEAST BOND VOLUME UP SLIGHTLY IN 2016
Issuers across the Southeast brought $71.7 billion of municipal bonds to market in 2016, a 3.3% year-over-year increase that was generated largely by refundings. ... more info

14 Feb 2017: MUNIS WEAKEN AS MARKET GETS SET FOR SALES
Top-quality municipal bonds were weaker at mid-session, traders said, as market participants prepared for the start of the week's new issuance. ... more info

14 Feb 2017: SUPPORT FOR MUNIS SEEN ON CAPITOL HILL; TAX REFORM MAY BE NEXT YEAR
Two corporate executives and lobbyists told treasurers meeting here on Monday that they are hearing positive things about municipal bonds from legislative staffers, but a senior tax staffer from the Senate Finance Committee said tax reform may slip into 2018. ... more info

14 Feb 2017: LOMA LINDA UNIVERSITY DOWNGRADED AHEAD OF BOND SALE
Loma Linda University was downgraded to Baa3 by Moody’s Investors Service ahead of plans to price $179 million in revenues bonds next week. ... more info

14 Feb 2017: IRS SAYS BONDS FOR A JAIL IN GLADES COUNTY, FLORIDA MAY BE TAXABLE
The Glades Correctional Development Corp. in south-central Florida said that it received a preliminary Internal Revenue Service determination that its 2006 bonds violate the private activity use test. ... more info

14 Feb 2017: GOVERNORS' ASSOCIATION CEO SAYS MUNI TAX BREAK IS VITAL
Keeping the full tax-exemption for municipal bonds will be vital to America’s plans for rebuilding its infrastructure, Scott Pattison, executive director and CEO of the National Governors Association, said on Tuesday. ... more info

14 Feb 2017: YIELDS JUMP DURING ACTION PACKED DAY
Top-quality municipal bonds finished Tuesday weaker, with yields as many as five basis points higher in some maturities, according to traders, as some of the week’s larger deals flooded the market. Federal Reserve Chair Janet Yellen added fuel to the fire by signaling that more than one interest rate increase is possible this year. ... more info

14 Feb 2017: BOARD OKS ISSUANCE OF PATHWAY EXPANSION BONDS
The Grand Haven Township, Mich., Board is proceeding with the next leg in the journey to construct new bike paths as part of a voter-approved pathway expansion project. ... more info

13 Feb 2017: LOWER INTEREST RATE TO SAVE FRUITPORT SCHOOLS TAXPAYERS
FRUITPORT, Mich. -- Through planning and the successful sale of bonds, taxpayers in the Fruitport school district are expected to save a combined $1.9 million in interest payments throughout the life of the issued bonds, officials say. ... more info

13 Feb 2017: MUNI MINUTE: BONDS & INFRASTRUCTURE: THE VIEW FROM D.C.
This week’s Muni Minute takes a look at the role of the municipal bond market in rebuilding the nation’s infrastructure. Scott Pattison of the National Governor’s Association is holding a high level conversation this week at the Municipal Forum of New York on municipal bonds and infrastructure and the states’ role in the new federal initiative. ... more info

13 Feb 2017: MUNIS END WEAKER AHEAD OF $5.6B CALENDAR
Top-rated municipal bonds finished weaker on Monday, according to traders, as the market prepared for about $5.6 billion of new issues this week. ... more info

13 Feb 2017: MUNIS WEAKEN AHEAD OF $5.6B NEW ISSUE SLATE
Top-rated municipal bonds were weaker at mid-session, according to traders, as the market gets set to see about $5.6 billion of new issues hit the screens this week. The calendar is comprised of $4.1 billion of negotiated deals and $1.5 billion of competitive sales. ... more info

11 Feb 2017: FRENCH DEBT JITTERS SHOW A DISCONNECT
French government bonds markets are selling off on worries that a possible Marine Le Pen win in national elections could lead France to pull out of the euro, but investors in other markets seem less concerned. ... more info

10 Feb 2017: GREEK BOND COULD SET DEADLINE ON COUNTRY'S TALKS WITH CREDITORS
Greece made a triumphant return to bond markets in 2014, proclaiming it had turned the corner two years after its near-exit from the euro, but now one of those bonds has come back to haunt it. ... more info

10 Feb 2017: CEDAR FALLS SCHOOL BOARD APPROVES SALE OF $32 MILLION IN BONDS
CEDAR FALLS, Iowa -- Cedar Falls Community Schools is selling $32 million in general obligation bonds as officials move forward on three construction projects. ... more info

10 Feb 2017: MUNIS WEAKEN AS MARKET READIES FOR $5.6B CALENDAR
Top shelf municipal bonds finished weaker on Friday, traders said, ahead of a more manageable new issue calendar for the upcoming week. Ipreo estimates volume at $5.6 billion, down from a revised total of $7.7 billion in the previous week, according to updated figures from Thomson Reuters. ... more info

9 Feb 2017: PUERTO RICO SAID TO SEEK DEEPER CONCESSIONS IN UTILITY DEAL
Puerto Rico Governor Ricardo Rossello's administration has indicated that it wants to renegotiate a deal struck more than a year ago to restructure about $9 billion of electric utility debt, an effort that could result in a showdown with insurers that guaranteed some of the bonds against default, people familiar with the matter said. ... more info

9 Feb 2017: HARFORD BONDS RETAIN TOP CREDIT RATING FOR $55 MILLION SALE ON VALENTINE'S DAY
Ahead of its $55 million bond sale scheduled for Valentine's Day, Harford County, Md., government announced it has retained its top, AAA credit ratings on the bonds. ... more info

9 Feb 2017: STATES, LOCALITIES COULD ISSUE $5B OF PABS FOR PUBLIC BUILDING P3S
Companion bills introduced in the House and Senate would allow state and local governments to issue up to $5 billion of private activity bonds to finance the repair or construction of public buildings under public-private partnership arrangements. ... more info

8 Feb 2017: MARKET EXTRA: WHY BOTH STOCKS AND BONDS ARE RISKIER THAN YOU THINK
Judging by the record levels of the U.S. stock market, low volatility or overly bullish investor sentiment, investors are ignoring increasing riskiness of their portfolios, leaving them vulnerable to major drawdowns
... more info

8 Feb 2017: STATE, LOCAL BONDS CRITICAL TO THE NATION'S PUBLIC INFRASTRUCTURE
President Trump, in promising massive transportation investments, did not mention what the fiscal impact would be on interest rates. Nor did he discuss the critical role of local and state governments in financing the nation’s public infrastructure. ... more info

8 Feb 2017: MUNIS STRONG AS SUPPLY SWEEPS INTO MARKET
Top-quality municipal bonds were stronger at mid-session, according to traders, who were seeing another big wave of issuance sweep over the market. ... more info

8 Feb 2017: BILLS WOULD ALLOW STATES, LOCALITIES TO ISSUE UP TO $5B OF PABS FOR PUBLIC BUILDINGS
House and Senate members have reintroduced companion bills that would allow state and local governments to issue up to $5 billion of private activity bonds to finance the repair or construction of schools and other public buildings under public-private partnership arrangements. ... more info

8 Feb 2017: SENATE PANEL TOLD P3S WON'T WORK FOR RURAL AREAS, TAX-EXEMPTS ARE KEY
Tax-exempt municipal bonds are critical to any infrastructure plan, a county official representing the National Association of Counties said at a hearing held by a Senate committee on Wednesday. ... more info

7 Feb 2017: DEEP DIVE: IF YOU THINK BONDS ARE TOO DANGEROUS NOW, THINK AGAIN
A short-term bond fund might work for you if you’re looking for income, writes Phil van Doorn.
... more info

7 Feb 2017: FALLIN CALLS FOR INFRASTRUCTURE BONDS, TAX HIKE FOR ROADS
In a far-reaching state-of-the-state address, Oklahoma Gov. Mary Fallin called for a $350 million bond program to finance infrastructure, a fuel-tax increase to build roads, raises for teachers and elimination of the state income tax. ... more info

7 Feb 2017: BILL WOULD BAR USE OF TAX-EXEMPT BONDS FOR SPORTS STADIUMS
Rep. Steve Russell has introduced a bill that would treat bonds used to finance professional sports stadiums as taxable private activity bonds. ... more info

6 Feb 2017: MUNI MINUTE: NEW YORK AND CALIFORNIA PAPER SET TO SPARK PRIMARY
After a slow week in the primary that featured little action and few well-known names, the market is expected to get a jolt of chunky issuance from big names from the states of New York and California. Investors will be eagerly awaiting New York City’s $800 million of general obligation bonds and $1.2 billion from the Trustees of California State University, as we are set to see issuance and activity increase this week. ... more info

6 Feb 2017: MUNIS STRONGER AS TRADERS READY FOR NEW SUPPLY
Top-rated municipal bonds were stronger at mid-session, according to traders, who are set to see a more hefty new issue slate coming at them this week. ... more info

6 Feb 2017: FITCH DOWNGRADES VIRGIN ISLANDS WAPA BONDS; OUTLOOK NEGATIVE
Fitch Ratings said it has downgraded the ratings on the following U.S. Virgin Islands (USVI) Water and Power Authority (WAPA) revenue bonds: $118,850,000 electric system revenue bonds, series 2012A, 2010A, 2010B, 2010C, 2003 to CCC from B-plus; and $96,800,000 electric system subordinated revenue bonds, series 2007A, 2012B, 2012C to CCC from B. ... more info

6 Feb 2017: MUNIS END STRONGER AS TRADERS SET FOR SUPPLY
Top-rated municipal bonds finished stronger on Monday, according to traders, as yields as dropped by as many as four basis points in some maturities. Market participants are set to see a heftier new issue slate this week as total volume is estimated at $7.49 billion, comprised of $6.13 billion of negotiated deals and $1.36 billion of competitive sales. ... more info

6 Feb 2017: JUSTICE CENTER PROJECT MOVES INTO FUNDING PHASE
The Dickinson County, Kan., Commission passed a resolution Thursday asking the Public Building Commission to consider issuing revenue bonds to finance building a Justice Center. ... more info

3 Feb 2017: MUNIS STRENGTHEN AS MARKET LOOKS AHEAD TO $7.5B SLATE
Top rated municipal bonds were stronger at mid-session, traders said, as the market looked ahead to next week’s $7.5 billion new issue slate. ... more info

3 Feb 2017: ENROLLMENT GROWTH DRIVES $1.2 BILLION CAL STATE DEAL
The Trustees of California State University will price $1.2 billion in revenue bonds next week for projects as it the system grapples with 23% enrollment growth over the past four years. ... more info

3 Feb 2017: MUNI MARKET LOOKS TO NEW WEEK’S $7.49B SLATE
Top-rated municipal bonds ended unchanged on Friday, traders said, as the market looked ahead to the upcoming week’s new issue slate. Ipreo estimates total volume for the week at $7.49 billion, consisting of $6.13 billion of negotiated deals and $1.36 billion of competitive sales. ... more info

2 Feb 2017: ST. LUKE'S EPISCOPAL-PRESBYTERIAN HOSP, MO., OUTLOOK TO NEGATIVE BY S&P
S&P Global Ratings said it revised its outlook to negative from stable and affirmed its A-plus long-term rating on Missouri Health & Educational Facilities Authority's series 2006, 2011, and 2015B bonds issued for St. Luke's Episcopal-Presbyterian Hospital (St. Luke's). ... more info

2 Feb 2017: FINRA EXPELS LAWSON FINANCIAL, BARS CEO OVER FRAUDULENT MUNI BOND SALES
Phoenix-based Lawson Financial Corp. had its Financial Industry Regulatory Authority membership revoked and its CEO and president was barred from the industry after FINRA found they fraudulently sold millions of dollars of municipal revenue bonds. ... more info

2 Feb 2017: WHY DE MINIMIS RISK IS A TOPIC AGAIN
Retail municipal investors who prefer discount bonds are becoming more aware of the tax implications of the de minimis rule as interest rates rise. ... more info

2 Feb 2017: SCHOOL BOARD CALLS FOR ELECTION ON TAX HIKE
The Lafourche, La., School Board voted Wednesday to call a special election seeking to authorize a 1-cent sales tax increase for teacher salaries and to authorize the use of bonds for school upgrades. ... more info

2 Feb 2017: CITY LOOKS TO REFINANCE BONDS
Corning, Calif., is looking to refinance three of its bonds issued for the improvements to its water distribution system and wastewater treatment plant. ... more info

2 Feb 2017: MUNIS MIXED AHEAD OF JOBS DATA AS PRIMARY WINDS DOWN
Top-quality municipal bonds finished steady to a bit stronger on Thursday, traders said, as the secondary market went into defensive mode ahead of Friday's jobs report while the primary wound down for the week. ... more info

2 Feb 2017: HAWAII HARBOR DIVISION BONDS UPGRADED TO AA-MINUS BY S&P
S&P Global Ratings said it raised its long-term rating and underlying rating to AA-minus from A-plus on Hawaii's harbor system revenue bonds issued for Hawaii Harbor Division. ... more info

1 Feb 2017: GREECE'S DEADLOCKED DEBT TALKS UNNERVE INVESTORS
Investors dumped Greek bonds as the government is again at a standstill with its creditors while it seeks to secure more financial aid before about $6.46 billion in debt has to be repaid in July. ... more info

1 Feb 2017: MUNIS WEAK AS FOMC SET TO PASS
Top-rated municipal bonds were weaker at mid-session, according to traders, as the Federal Reserve gets set to announce its decision on interest rates this afternoon. The Federal Open Market Committee is set to make its announcement at 2 p.m., Eastern time. Having raised the target range for the federal funds rate to 1/2-to-3/4 percent at its last meeting, the FOMC is expected to take no action at this meeting, though economists expect the panel to raise… ... more info

1 Feb 2017: TREASURY QUARTERLY REFUNDING TO RAISE $17B NEW CASH
The Treasury Department will raise $17 billion new cash with it quarterly refunding by selling $15 billion 30-year bonds on Feb. 9, $23 billion 10-year notes on Feb. 8 and $24 billion three-year notes on Feb. 7. ... more info

1 Feb 2017: MUNIS WEAKER AS FOMC HOLDS OFF ON HIKE
Top-rated municipal bonds ended weaker on Wednesday, according to traders, as the Federal Reserve announced it was holding the line on interest rates – for now. ... more info

1 Feb 2017: PUERTO RICO RESIDENTS DEFEND $18M FINRA AWARD FROM UBS COURT CHALLENGE
Two Puerto Rico residents are firing back at UBS, saying the firm's challenge in federal court of an $18 million Financial Industry Regulatory Authority arbitration award over losses in Puerto Rico bonds is "a hopeless and baseless attempt at an unwarranted do over." ... more info

30 Jan 2017: MUNIS STEADY AHEAD OF MEAGER SUPPLY SLATE
Top-quality municipal bonds were unchanged at mid-session, traders said, as market participants look ahead to a smaller-than-average new issue calendar. This week's calendar is estimated at $4.03 billion, comprised of $3.37 billion of negotiated deals and $661.4 million of competitive sales. ... more info

30 Jan 2017: NEW CARLISLE SEEKS TO SAVE $100K
NEW CARLISLE, Ohio -- New Carlisle, which has been plagued by debt over the past several years, has taken steps recently to save more than $100,000 on older bonds. ... more info

30 Jan 2017: IRS AUDITS BONDS FOR DALLAS PROJECT CITING CONCERNS
The Internal Revenue Service has initiated an audit of $26.5 million of zero coupon bonds issued by an authority in Wisconsin last August to monetize a grant Dallas gave to a company redeveloping buildings that housed the old Statler Hotel and Dallas Public Library. ... more info

30 Jan 2017: TEXAS PSF CHARTER SCHOOL BOND GUARANTEE GROWS
The Texas Permanent School Fund that guarantees more than $70 billion of public school construction bonds retains top credit ratings despite its increasing support for riskier charter school debt ... more info

30 Jan 2017: BONDS END FLAT AHEAD OF A MEAGER MUNI MENU
Top-quality municipal bonds finished unchanged on Monday, traders said, as market participants look ahead to a smaller-than-average new issue calendar. This week’s slate is estimated at $4.03 billion. ... more info

27 Jan 2017: MUNIS STRONGER AHEAD OF $4B SLATE
Top-shelf municipal bonds were stronger at midday, according to traders, who were looking ahead to next week's manageable new issue supply calendar. ... more info

27 Jan 2017: MOODY'S UPGRADES ZION PARK DISTRICT'S GO TO BAA3
Moody's Investors Service said it has upgraded Zion Park District, Ill.'s general obligation unlimited tax (GOULT) bonds to Baa3 from Ba1 and general obligation limited tax (GOLT) debt certificates to Baa3 from Ba2. ... more info

27 Jan 2017: IRS SAYS EXXON BONDS TAXABLE; CLOSES ARBORWOOD, FLA., CDD AUDIT
The Internal Revenue Service has told the California Municipal Finance Authority that $32.5 million of refunding bonds it issued in 2007 for Exxon Capital Ventures, Inc. are taxable, but the borrower is disputing the finding. ... more info

27 Jan 2017: MUNI TRADERS LOOK AHEAD TO SMALLER $4B CALENDAR
Top-shelf municipal bonds closed a bit stronger on Friday, according to traders, who will see a manageable new issue supply calendar, with Ipreo estimating volume for the upcoming week at $4.03 billion. ... more info

27 Jan 2017: $120M PAVES WAY TO $1 BILLION IN PROJECTS
Rockwall County, Texas, could end up with a billion dollars of transportation infrastructure on the ground as a result of $120 million in road bonds that were authorized by county voters in 2004 and 2008. ... more info

26 Jan 2017: MUNIS WEAKEN AS NEW DEALS SELL
Top-shelf municipal bonds were weaker at mid-session, according to traders, while the last of the week's surge of supply came to market on Thursday. ... more info

26 Jan 2017: MUNIS WEAKEN AS DEALS ARE REDUCED
It was a down day in muniland as both prices in the secondary and the size of deals in the primary declined. Top-shelf municipal bonds finished weaker, according to traders, as the last of the week’s supply was downsized substantially. ... more info

25 Jan 2017: NORTH TEXAS HOSPITAL DISTRICT FILES FOR BANKRUPTCY
Gainesville Hospital District in North Texas is reorganizing under Chapter 9 bankruptcy with $19.7 million of general obligation bonds insured by Ambac. ... more info

25 Jan 2017: MANATEE SCHOOL BOARD TO ISSUE $150M IN BONDS TO BUILD 3 NEW SCHOOLS
The School Board of Manatee County, Fla., approved a resolution authorizing the issuance of up to $150 million in sales tax revenue bonds at Tuesday evening's board meeting. ... more info

25 Jan 2017: WILKES-BARRE CITY COUNCIL TO CONSIDER ADDING TO CITY'S DEBT
WILKES-BARRE, Pa -- A package deal under consideration by the city to refinance bonds and issue new ones to repair the walls along Solomon Creek would add $42 million to the debt service over the next 23 years. ... more info

25 Jan 2017: JEFFERSON COUNTY AWAITS BANKRUPTCY APPEAL RULING
In oral arguments on Jefferson County, Ala.’s bankruptcy plan last month, the 11th Circuit Court of Appeals expressed concern that ratepayers challenging the plan did not request a stay before bonds were sold. ... more info

25 Jan 2017: MNUCHIN SAYS HE'LL WORK TO 'ENHANCE' PABS FOR INFRASTRUCTURE PROJECTS
President Trump’s nominee for Treasury Secretary Steven Mnuchin told lawmakers in writing that he plans to “enhance” private activity bonds so that they can be used to encourage more private investment in infrastructure projects. ... more info

24 Jan 2017: MUNIS FLAT AS NEW DEALS COME TO MARKET
Top-rated municipal bonds were steady at mid-session, according to traders, who were seeing the first of the week's new supply started to hit the screens. ... more info

24 Jan 2017: ADVISER: BONDS MAY CREATE COMPETITION AMONG DISTRICTS
With several multimillion-dollar school bonds recently passed in California, a financial adviser says the districts that overcame the hurdle of wooing voters could find themselves facing a new problem: competing with each other for contracts. ... more info

24 Jan 2017: OLIVET NAZARENE UNIVERSITY, IL REVENUE BOND RATINGS LOWERED TO 'BBB-'
S&P Global Ratings lowered its long-term and underlying ratings to 'BBB-' from 'BBB' on Bourbonnais Village, Ill.'s series 2007, 2010, and 2013 revenue bonds issued for Olivet Nazarene University (ONU or the university).The outlook is negative. ... more info

24 Jan 2017: D.C. WATER TO ISSUE $100M MORE GREEN BONDS TO HELP FUND PROJECT
The District of Columbia Water and Sewer Authority has planned a $300 million bond issuance for next month, $100 million of which will be green bonds used to finance a 25-year sewage cleanup project for D.C. ... more info

24 Jan 2017: MUNIS END FLAT AS NEW DEALS COME TO MARKET
Top-rated municipal bonds finished steady on Tuesday, according to traders, as the first of the week's new supply started to hit their screens. ... more info

24 Jan 2017: MOODY'S DOWNGRADES VIRGIN ISLANDS MATCHING FUND REV. BONDS TO CAA1 & CAA2
Moody's Investors Service has downgraded the ratings on the US Virgin Islands' four liens of Matching Fund Revenue Bonds, issued through the Virgin Islands Public Finance Authority, as follows: Senior Lien Bonds to Caa1 from B1; Subordinate Lien Bonds to Caa1 from B1; Subordinated Indenture (Diageo) Bonds to Caa2 from B2; and Subordinated Indenture (Cruzan) Bonds to Caa2 from B2. ... more info

23 Jan 2017: MUNI MARKET LOOKING AHEAD TO $6.8B OF ISSUANCE
Top-shelf municipal bonds were steady, as the market is expected to be slow on Monday, as the first of the week's institutional issuance is not scheduled to start hitting screens until Tuesday. ... more info

23 Jan 2017: GARLAND ISD SAYS BONDS STATUS, NOT PERMANENT LEADER, IS ITS TOP PRIORITY
GARLAND, Texas -- With its interim superintendent in place, Garland ISD officials now have their sights set on bringing cohesion back to the district after a tumultuous period surrounding the sudden departure in December of former superintendent Bob Morrison. ... more info

23 Jan 2017: CHIANG ZINGS TRUMP DURING GREEN BOND REPORT UNVEILING
California John Chiang took aim at Trump Administration climate policies as he revealed the results of a five-city listening tour aimed at crafting the best way for the state to issue green bonds. ... more info

23 Jan 2017: MUNIS SLIGHTLY STRONGER AHEAD OF FIRST ISSUANCE WAVE OF WEEK
Top-shelf municipal bonds were a tad stronger to close out the slow day Monday, as yields on some maturities were as much as one basis point lower, according to traders. ... more info

23 Jan 2017: N.Y. MTA TO ISSUE MORE GREEN BONDS
New York’s Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members. ... more info

23 Jan 2017: MUNIS SLIGHTLY STRONGER AHEAD OF $6.8B CALENDAR
Top-shelf municipal bonds were slightly stronger around midday, as yields on some maturities were as much as one basis point lower according to traders. ... more info

20 Jan 2017: MUNIS WEAKEN AHEAD OF $6.8B NEW ISSUE SLATE
Top shelf municipal bonds ended weaker on Friday, according to traders, who were looking ahead to the upcoming new issue calendar. Ipreo estimates volume for the new week at $6.8 billion, up from a revised $4.8 billion sold in the prior week, according to updated date from Thomson Reuters. ... more info

20 Jan 2017: VALENCIA, CALIF. HOSPITAL PRICING $110 MILLION AS STANDALONE CREDIT
The California Public Finance Authority will price $110 million in revenue bonds next week for Henry Mayo Newhall Hospital in Valencia, Calif. in the hospital’s first public market offering without the benefit of bond insurance in more than a decade. ... more info

20 Jan 2017: BOND MONEY TO HELP SCHOOLS
GUILFORD COUNTY, N.C. -- The Board of Commissioners moved ahead Thursday with a plan to float $187 million worth of bonds this spring to benefit the Guilford County Schools, Guilford Technical Community College and other projects. ... more info

19 Jan 2017: HINSDALE DISTRICT 86 BOND ISSUE COULD COST $24 MILLION IN INTEREST
Hinsdale High School District 86, Ill., plans to ask voters for permission to issue $76 million worth of bonds with a 15-year term that would cost the owners of a $500,000 house about $204 more in property taxes each year. ... more info

19 Jan 2017: CHICAGO'S $1.16B DEAL PRICES AS MUNIS WEAKEN
Top-rated municipal bonds finished substantially weaker on Thursday, traders said, with muni yields rising by as much 10 basis points in spots. In the primary, the last of the week’s big offerings hit the market, topped by the city of Chicago’s $1.1 billion bond deal. ... more info

19 Jan 2017: SAN ANTONIO'S $850M PROPOSAL INCLUDES HEMISFAIR PARK REVAMP
The San Antonio City Council will ask voters to approve $850 million of bonds, the largest package in the city’s history, for projects that include redevelopment of Hemisfair Park. ... more info

19 Jan 2017: IRS: UNSPENT PROCEEDS, REFUNDING WILL NOT CAUSE LOSS OF BABS' SUBSIDY
Unspent proceeds at the time of a current refunding will not cause Build America Bonds to lose their qualified status for Treasury subsidy payments, the Internal Revenue Service recently found in a recent private letter ruling. ... more info

19 Jan 2017: MUNIS WEAKEN ON YELLEN RATE COMMENTS
Top-rated municipal bonds were substantially weaker at mid-session, traders said, as muni yields rose by as much as eight basis points, following Treasuries. The market interpreted comments made by Federal Reserve Board Chair Janet Yellen on interest rates as being particularly hawkish for the future. ... more info

18 Jan 2017: ANOTHER WAVE OF ISSUANCE HITS THE MARKET
Top-shelf municipal bonds were a tick weaker around midday, as yields on most maturities were as many as three basis points higher, according to traders, who were seeing a few more large deals price from issuers in Colorado, Georgia and California. ... more info

18 Jan 2017: PUERTO RICO POB HOLDERS WIN A ROUND IN COURT
A federal court handed a victory to holders of Puerto Rico Employment Retirement System bonds Tuesday, one of bondholders’ first legal victories since Puerto Rico started defaulting about a year ago. ... more info

18 Jan 2017: MUNIS WEAKEN AS ANOTHER WAVE OF ISSUANCE HITS
Top-shelf municipal bonds ended weaker on Wednesday, according to traders, as a few more big sales hit the market from issuers in Colorado, Georgia and California. ... more info

17 Jan 2017: MUNI YIELDS LOWER AS ISSUANCE COMMENCES
Top-shelf municipal bonds were mostly stronger on Tuesday after midday, as yields on some maturities fell as many as four basis points, according to traders. The first of the week's issuance started to trickle in. ... more info

17 Jan 2017: MUNI MINUTE: CHICAGO HIGH YIELDS NOT FOR EVERYONE
In this week’s Muni Minute, we look at Chicago selling general obligation bonds after a yearlong absence in a deal that will attract institutional investors looking for high-yield despite risk. Despite the availability of and demand for yield, buyside players say the sale will be dominated by the institutional crowd and out of range for retail. ... more info

17 Jan 2017: TTC LOOKS FOR MORE SAVINGS WITH $800M REFUNDING
In its first deal of the year, the Texas Transportation Commission sees another opportunity to achieve savings with $800 million of refunding bonds. ... more info

17 Jan 2017: MUNIS STRENGTHEN AS ISSUANCE FLOWS IN
Top-shelf municipal bonds ended Tuesday lower, as yields on some maturities were down as many as four basis points, according to traders. The first of the week’s issuance started to trickle in as well. ... more info

14 Jan 2017: GOVERNMENT HAS DIFFICULTY CLOSING BOND DEAL; FINANCIAL STRAITS TIGHTEN
The V.I. government's plan to issue approximately $221.9 million in new bonds to close anticipated budget gaps and pay other expenses has stalled again, this time as potential investors asked for assurances in the form of legislation raising taxes, a V.I. official said. ... more info

13 Jan 2017: MAKE-AMERICA-GREAT-AGAIN BONDS?
The Trump administration's seeming enthusiasm for investment in public infrastructure has breathed new life into discussions of the topic, Bracewell practitioners Charles Almond and George Felcyn write in a commentary. ... more info

13 Jan 2017: MUNIS WEAKER AHEAD OF $8.9B NEW ISSUE CALENDAR
Top shelf municipal bonds were weaker at mid-session, according to traders, ahead of a hefty new issue calendar for a holiday-shortened week. Markets will be closed on Monday for the Rev. Martin Luther King, Jr. holiday. ... more info

13 Jan 2017: FINRA ORDERS UBS TO PAY $18.2M IN PUERTO RICO BONDS CASE
The Financial Industry Regulatory Authority ordered UBS to hand over $18.2 million for misleading a family of investors in Puerto Rico closed-ended funds, the second highest fine for individual investors against UBS in these cases. ... more info

13 Jan 2017: MUNIS WEAKEN AHEAD OF $8.9B NEW ISSUE CALENDAR
Top shelf municipal bonds ended weaker on Friday, according to traders, ahead of a hefty new issue calendar for a holiday-shortened week. Ipreo estimates volume for the week at $8.9 billion, up from a revised $8.2 billion of supply in the prior week, according to updated figures from Thomson Reuters. ... more info

12 Jan 2017: BOND BUYER INDEXES STRENGTHEN
In the week ended Jan.12, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.20% from 4.25% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

16 Jan 2017: OUTSIDE THE BOX: MUNI BONDS AREN’T RISK-FREE ANYMORE
Investors are holding the bag for troubled city and state pensions, writes John Coumarianos.
... more info

13 Jan 2017: MAKE-AMERICA-GREAT-AGAIN BONDS?
The Trump administration's seeming enthusiasm for investment in public infrastructure has breathed new life into discussions of the topic, Bracewell practitioners Charles Almond and George Felcyn write in a commentary. ... more info

13 Jan 2017: MUNIS WEAKER AHEAD OF $8.9B NEW ISSUE CALENDAR
Top shelf municipal bonds were weaker at mid-session, according to traders, ahead of a hefty new issue calendar for a holiday-shortened week. Markets will be closed on Monday for the Rev. Martin Luther King, Jr. holiday. ... more info

13 Jan 2017: FINRA ORDERS UBS TO PAY $18.2M IN PUERTO RICO BONDS CASE
The Financial Industry Regulatory Authority ordered UBS to hand over $18.2 million for misleading a family of investors in Puerto Rico closed-ended funds, the second highest fine for individual investors against UBS in these cases. ... more info

13 Jan 2017: MUNIS WEAKEN AHEAD OF $8.9B NEW ISSUE CALENDAR
Top shelf municipal bonds ended weaker on Friday, according to traders, ahead of a hefty new issue calendar for a holiday-shortened week. Ipreo estimates volume for the week at $8.9 billion, up from a revised $8.2 billion of supply in the prior week, according to updated figures from Thomson Reuters. ... more info

12 Jan 2017: SLOWING OF MUNI TAX REGS SEEN IN 2017, BUT THREE PROJECTS WATCHED
Municipal market participants see a slowing of Treasury Department and Internal Revenue Service guidance and rules in 2017, but plan to closely watch for tweaks to management contract guidance, final requirements for public approval of private activity bonds and political subdivision rules. ... more info

12 Jan 2017: OUTLOOK FOR MUNI TAX REGULATION IN 2017
Municipal market participants see a slowing of Treasury Department and Internal Revenue Service guidance and rules in 2017, but plan to closely watch rules on political subdivisions, tweaks to management contract guidance, and rules for public approval of private activity bonds. ... more info

12 Jan 2017: BONDS COULD GIVE STILLWATER SCHOOLS $11M FOR MAINTENANCE
Stillwater, Okla., Public Schools would have $11 million to spend on maintenance projects district-wide if voters approve two bonds totaling $74 million on Valentine's Day. ... more info

12 Jan 2017: TREASURY 30-YEAR BONDS GO AT 2.914% HIGH YIELD
The Treasury Department Thursday auctioned $12 billion of 29-year 10-month bonds with a 2 7/8% coupon at a 2.914% high yield, a price of 99.221642. ... more info

12 Jan 2017: BROWN WANTS TO HOLD OFF ON SELLING CALIFORNIA SCHOOL BONDS
California Gov. Jerry Brown wants the state to hold off on selling the $9 billion of general obligation bonds the state’s voters approved in November. ... more info

12 Jan 2017: TRANSPORTATION DEALS FROM N.Y., N.J SELL; MUNIS STRONG
Top-rated municipal bonds finished stronger on Thursday, traders said, as the last of the week’s large sales hit the market, led by two big transportation deals from New York and New Jersey issuers. ... more info

12 Jan 2017: GEORGIA'S GOVERNOR REQUESTS $1B OF BONDS IN 2018
A nearly $50 billion budget for Georgia in fiscal 2018 has been recommended by Gov. Nathan Deal, who is also requesting $1 billion of borrowing for state projects, education and transportation. ... more info

12 Jan 2017: NEAL: TAX REFORM SHOULD PRESERVE TAX-EXEMPTION, REINSTATE BABS
Tax reform legislation should preserve the tax exemption for municipal bonds and reinstate Build America Bonds for infrastructure financing, Rep. Richard Neal, the top Democrat on the House Ways and Means Committee, told reporters Thursday. ... more info

12 Jan 2017: BOND BUYER INDEXES STRENGTHEN
In the week ended Jan.12, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell five basis points to 4.20% from 4.25% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

12 Jan 2017: BROWNBACK SEEKS TAX HIKE, BONDS TO SHRINK SHORTFALL
Facing a $900 million shortfall, Kansas Gov. Sam Brownback is proposing a combination of tax increases, cuts in transportation and pension funding and the sale of tobacco settlement securitization bonds. ... more info

11 Jan 2017: MUNIS STRENGTHEN AS NEW DEALS HIT THE SCREENS
Top quality municipal bonds were stronger at mid-session, according to traders, who were seeing a second wave of new issuance hit the market. ... more info

11 Jan 2017: MUNIS END STRONGER AMID RAFT OF NEW ISSUES
Top quality municipal bonds finished stronger on Wednesday, according to traders, who saw a substantial wave of new issuance hit the screens, led by deals from New York State’s TSASC, the U.S. Virgin Islands, and the state of Wisconsin. ... more info

13 Jan 2017: MAKE-AMERICA-GREAT-AGAIN BONDS?
The Trump administration's seeming enthusiasm for investment in public infrastructure has breathed new life into discussions of the topic, Bracewell practitioners Charles Almond and George Felcyn write in a commentary. ... more info

13 Jan 2017: MUNIS WEAKER AHEAD OF $8.9B NEW ISSUE CALENDAR
Top shelf municipal bonds were weaker at mid-session, according to traders, ahead of a hefty new issue calendar for a holiday-shortened week. Markets will be closed on Monday for the Rev. Martin Luther King, Jr. holiday. ... more info

13 Jan 2017: FINRA ORDERS UBS TO PAY $18.2M IN PUERTO RICO BONDS CASE
The Financial Industry Regulatory Authority ordered UBS to hand over $18.2 million for misleading a family of investors in Puerto Rico closed-ended funds, the second highest fine for individual investors against UBS in these cases. ... more info

13 Jan 2017: MUNIS WEAKEN AHEAD OF $8.9B NEW ISSUE CALENDAR
Top shelf municipal bonds ended weaker on Friday, according to traders, ahead of a hefty new issue calendar for a holiday-shortened week. Ipreo estimates volume for the week at $8.9 billion, up from a revised $8.2 billion of supply in the prior week, according to updated figures from Thomson Reuters. ... more info

12 Jan 2017: SLOWING OF MUNI TAX REGS SEEN IN 2017, BUT THREE PROJECTS WATCHED
Municipal market participants see a slowing of Treasury Department and Internal Revenue Service guidance and rules in 2017, but plan to closely watch for tweaks to management contract guidance, final requirements for public approval of private activity bonds and political subdivision rules. ... more info

12 Jan 2017: OUTLOOK FOR MUNI TAX REGULATION IN 2017
Municipal market participants see a slowing of Treasury Department and Internal Revenue Service guidance and rules in 2017, but plan to closely watch rules on political subdivisions, tweaks to management contract guidance, and rules for public approval of private activity bonds. ... more info

12 Jan 2017: TREASURY 30-YEAR BONDS GO AT 2.914% HIGH YIELD
The Treasury Department Thursday auctioned $12 billion of 29-year 10-month bonds with a 2 7/8% coupon at a 2.914% high yield, a price of 99.221642. ... more info

12 Jan 2017: BONDS COULD GIVE STILLWATER SCHOOLS $11M FOR MAINTENANCE
Stillwater, Okla., Public Schools would have $11 million to spend on maintenance projects district-wide if voters approve two bonds totaling $74 million on Valentine's Day. ... more info

12 Jan 2017: BROWN WANTS TO HOLD OFF ON SELLING CALIFORNIA SCHOOL BONDS
California Gov. Jerry Brown wants the state to hold off on selling the $9 billion of general obligation bonds the state’s voters approved in November. ... more info

12 Jan 2017: TRANSPORTATION DEALS FROM N.Y., N.J SELL; MUNIS STRONG
Top-rated municipal bonds finished stronger on Thursday, traders said, as the last of the week’s large sales hit the market, led by two big transportation deals from New York and New Jersey issuers. ... more info

12 Jan 2017: GEORGIA'S GOVERNOR REQUESTS $1B OF BONDS IN 2018
A nearly $50 billion budget for Georgia in fiscal 2018 has been recommended by Gov. Nathan Deal, who is also requesting $1 billion of borrowing for state projects, education and transportation. ... more info

12 Jan 2017: BROWNBACK SEEKS TAX HIKE, BONDS TO SHRINK SHORTFALL
Facing a $900 million shortfall, Kansas Gov. Sam Brownback is proposing a combination of tax increases, cuts in transportation and pension funding and the sale of tobacco settlement securitization bonds. ... more info

12 Jan 2017: NEAL: TAX REFORM SHOULD PRESERVE TAX-EXEMPTION, REINSTATE BABS
Tax reform legislation should preserve the tax exemption for municipal bonds and reinstate Build America Bonds for infrastructure financing, Rep. Richard Neal, the top Democrat on the House Ways and Means Committee, told reporters Thursday. ... more info

11 Jan 2017: MUNIS STRENGTHEN AS NEW DEALS HIT THE SCREENS
Top quality municipal bonds were stronger at mid-session, according to traders, who were seeing a second wave of new issuance hit the market. ... more info

11 Jan 2017: MUNIS END STRONGER AMID RAFT OF NEW ISSUES
Top quality municipal bonds finished stronger on Wednesday, according to traders, who saw a substantial wave of new issuance hit the screens, led by deals from New York State’s TSASC, the U.S. Virgin Islands, and the state of Wisconsin. ... more info

10 Jan 2017: BOND REPORT: TREASURY YIELDS STEADY AS INVESTORS AWAIT TRUMP NEWS CONFERENCE
Treasury yields on Tuesday trade little-changed, with yields on U.S. government bonds pausing following a spate of buying Monday as investors await a news conference from President-elect Donald Trump.
... more info

10 Jan 2017: PORT AUTHORITY TO PAY $400K, ADMIT WRONGDOING TO SETTLE SEC CHARGES
The Port Authority of New York and New Jersey has agreed to admit wrongdoing and pay a $400,000 penalty to settle Securities and Exchange Commission charges that it failed to disclose risks associated with New Jersey road projects to the investors that bought the bonds to finance them. ... more info

10 Jan 2017: MUNIS ARE CRITICAL FOR INFRASTRUCTURE, GROUPS TELL LAWMAKERS
State and local groups told members of Congress that tax-exempt bonds are the cornerstone of infrastructure financing, as the lawmakers consider how to increase spending on roads and bridges as well as tax reforms that could entail restrictions on tax exemption. ... more info

9 Jan 2017: PRINCE, LOVER OF PURPLE, ALSO HAD A THING FOR GOLD
Court documents show the musician had 67 10-ounce gold bars and plenty of cash at the time of his death, but zero investments in stocks and bonds.
... more info

9 Jan 2017: SALINA 'ELIGIBLE' FOR STAR BONDS
The Kansas Department of Commerce on Thursday gave preliminary approval for the issuance of $19.1 million in Sales Tax Revenue bonds to help finance Salina's downtown revitalization project. ... more info

6 Jan 2017: MUNIS FLAT AHEAD OF $8.7B NEW ISSUE SLATE
Top-shelf municipal bonds were mostly unchanged at mid-session, according to traders, who were turning their attention ahead to next week's new issue calendar. ... more info

6 Jan 2017: UCONN BOND SALE TO FUND HARTFORD RELOCATION
The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus. ... more info

6 Jan 2017: WISCONSIN READIES REFUNDING
Wisconsin hits the market with its first sale of the New Year to refund $523.6 million of appropriation- backed bonds with hopes of hitting double digit savings even with the post-election rise in rates. ... more info

6 Jan 2017: NDAA IS POSITIVE FOR PRIVATIZED MILITARY HOUSING BONDS, MOODY'S SAYS
The recently enacted National Defense Authorization Act is a credit positive for privatized military housing project bonds, Moody’s Investors Service said in a comment released on Friday. ... more info

5 Jan 2017: ASSURED GUARANTY MAKES $43M OF PAYMENTS TO BONDHOLDERS AS PUERTO RICO DEFAULTS
Two bond insurance subsidiaries of Assured Guaranty Ltd. have made interest payments to holders of insured general obligation and other bonds after Puerto Rico and certain of its instrumentalities failed to pay on Jan. 3, 2017. ... more info

5 Jan 2017: COBB TO VOTE ON $24.7 MILLION IN PARK BONDS ... AGAIN
The Cobb County, Ga., Commission will vote Tuesday on whether to issue $24.7 million in park bonds to buy greenspace, a first step toward fulfilling a central promise of new Chairman Mike Boyce's election campaign. ... more info

5 Jan 2017: MUNIS STRONGER AHEAD OF NEW DEAL SLATE
Top-rated municipal bonds were stronger in early activity, according to traders, who will be seeing most of the week's supply come to market on Thursday. ... more info

5 Jan 2017: NEW DEALS COME TO MARKET AS MUNIS END STRONGER
Top-rated municipal bonds ended stronger along with Treasuries on Thursday, according to traders, as the first sizable chunk of supply of the new year hit the market.   Secondary Market The 10-year benchmark muni general obligation yield fell six basis points to 2.24% from 2.30% on Wednesday, while the yield on the 30-year GO dropped four basis points to 2.99% from 3.03%, according to the final read of Municipal Market Data's triple-A scale. … ... more info

6 Jan 2017: MUNIS FLAT AHEAD OF $8.7B NEW ISSUE SLATE
Top-shelf municipal bonds were mostly unchanged at mid-session, according to traders, who were turning their attention ahead to next week's new issue calendar. ... more info

6 Jan 2017: UCONN BOND SALE TO FUND HARTFORD RELOCATION
The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus. ... more info

6 Jan 2017: WISCONSIN READIES REFUNDING
Wisconsin hits the market with its first sale of the New Year to refund $523.6 million of appropriation- backed bonds with hopes of hitting double digit savings even with the post-election rise in rates. ... more info

6 Jan 2017: NDAA IS POSITIVE FOR PRIVATIZED MILITARY HOUSING BONDS, MOODY'S SAYS
The recently enacted National Defense Authorization Act is a credit positive for privatized military housing project bonds, Moody’s Investors Service said in a comment released on Friday. ... more info

5 Jan 2017: ASSURED GUARANTY MAKES $43M OF PAYMENTS TO BONDHOLDERS AS PUERTO RICO DEFAULTS
Two bond insurance subsidiaries of Assured Guaranty Ltd. have made interest payments to holders of insured general obligation and other bonds after Puerto Rico and certain of its instrumentalities failed to pay on Jan. 3, 2017. ... more info

5 Jan 2017: COBB TO VOTE ON $24.7 MILLION IN PARK BONDS ... AGAIN
The Cobb County, Ga., Commission will vote Tuesday on whether to issue $24.7 million in park bonds to buy greenspace, a first step toward fulfilling a central promise of new Chairman Mike Boyce's election campaign. ... more info

5 Jan 2017: MUNIS STRONGER AHEAD OF NEW DEAL SLATE
Top-rated municipal bonds were stronger in early activity, according to traders, who will be seeing most of the week's supply come to market on Thursday. ... more info

5 Jan 2017: NEW DEALS COME TO MARKET AS MUNIS END STRONGER
Top-rated municipal bonds ended stronger along with Treasuries on Thursday, according to traders, as the first sizable chunk of supply of the new year hit the market.   Secondary Market The 10-year benchmark muni general obligation yield fell six basis points to 2.24% from 2.30% on Wednesday, while the yield on the 30-year GO dropped four basis points to 2.99% from 3.03%, according to the final read of Municipal Market Data's triple-A scale. … ... more info

4 Jan 2017: MUNIS STRONGER AHEAD OF $3B NEW ISSUE SLATE
Top-quality municipal bonds were stronger at mid-session, traders said, as market participants wait to see some new deals come their way, with the bulk of the $3 billion calendar set for sale on Thursday. ... more info

4 Jan 2017: CHICAGO TRANSIT AUTHORITY BORROWING FOR PROJECTS
The Chicago Transit Authority hits the market as soon as Tuesday with $325 million of sales tax receipts revenue bonds under a new second lien. ... more info

4 Jan 2017: MUNIS END STRONGER AHEAD OF NEW ISSUE SLATE
Top-quality municipal bonds ended stronger on Wednesday, traders said, as market participants wait to see some new deals come their way, with the bulk of the $3 billion calendar set for sale on Thursday. ... more info

3 Jan 2017: RESURFACING THE ROADS: $9.5 MILLION BOND HELPS, BUT MORE MONEY NEEDED
WORTHINGTON, Minn. -- With the Minnesota Department of Transportation granting its approval roughly a month ahead of schedule, and $9.5 million in transportation bonds arriving this week in Nobles County, Public Works Director Stephen Schnieder says the county is poised to get an early start on what will be a lengthy road construction season in 2017. ... more info

3 Jan 2017: REVENUE BONDS ALLOW ALBUQUERQUE LEADERS TO BYPASS VOTERS
Albuquerque taxpayers have borrowed $63 million over the past two years to build pickleball courts, baseball fields and a new bus system down the middle of Central Avenue. ... more info

3 Jan 2017: CALIFORNIA HIGH-SPEED RAIL OPPONENTS FILE SUIT
A coalition that opposes California high-speed rail has filed two lawsuits to try to halt the project just as the rail authority planned to seek approval to issue bonds. ... more info

3 Jan 2017: MUNIS END UNCHANGED AHEAD OF $3B CALENDAR
Top-rated municipal bonds finished unchanged on Tuesday, according to traders, who came back to work for the first trading day of 2017. The market is set to see a $3 billion new issue slate this week, with the calendar composed of $2.92 billion of negotiated deals and $84.2 million of competitive sales. ... more info

30 Dec 2016: READING, WRITING & REFUNDINGS: EDUCATION DEALS DOMINATE SLATE
Top-quality municipal bonds closed out the year on a strong note in an abbreviated trading session on Friday, as the market got set for some new education deals on the upcoming week's holiday-shortened slate. ... more info

29 Dec 2016: DOWNGRADE FOR MICHIGAN-BASED TRINITY HEALTH AHEAD OF $340M BOND PRICING
Michigan-based Trinity Health Credit Group will take some unpleasant rating news into its pricing of $340 million of new-money and refunding bonds, after a downgrade that still leaves the system at the AA-minus level. ... more info

28 Dec 2016: MUNIS FLAT AS MARKET LOOKS AT ANOTHER QUIET DAY
Municipal bonds were steady in early activity on Wednesday as traders look forward to closing out the week on a rather quiet note as they expect prices to remain nearly unchanged and supply almost non-existent for the rest of the year. ... more info

28 Dec 2016: $90 MILLION IN HOUSING REHAB OK'D
ALBANY, N.Y. -- About $90 million in fixed-rate bonds for rehabilitation and new construction of affordable housing in the Capital Region was secured Tuesday. ... more info

28 Dec 2016: L.A. POWER REVENUE BOND DEAL COMING IN JANUARY
The Los Angeles Department of Power plans to price $500 million in power revenue bonds next month as the first installment in $4.5 billion in bond sales planned over a five-year period. ... more info

28 Dec 2016: MUNIS FINISH STRONGER IN A QUIET SESSION
Top-shelf municipal bonds ended stronger on Wednesday, according to traders, who foresee the week closing out on a quiet note. Traders expect prices to remain nearly unchanged and supply almost non-existent for the rest of the year. ... more info

28 Dec 2016: MUNIS STEADY TO STRONGER AS MARKET SEES QUIET SESSION
Municipal bonds were steady to stronger at mid-session, according to traders, who were looking forward to closing out the week on a quiet note. ... more info

27 Dec 2016: COUNTY DOESN'T SEE FLINT CHARGES AFFECTING PIPELINE BONDS
Genesee County, Mich., officials say they don't expect criminal charges against former Flint leaders stemming from the city's participation in the Karegnondi Water Authority pipeline to impact the project or its bonds. ... more info

27 Dec 2016: MUNIS FLAT AS HISTORICALLY SLOW WEEK BEGINS
Top-rated municipal bonds were unchanged at mid-session as some market participants returned to their desks after the long holiday weekend for a week that is historically one of the quietest of the year. ... more info

27 Dec 2016: COUNTY LOOKS TO CLEAR AWAY SOME DEBT
Daviess County, Ind., officials are looking to pay off millions of dollars in debt to try and make some long term savings. The county has several bond issues that it is paying off. The county council is looking at a plan that would pay off two of those bonds and pay down a third one. ... more info

23 Dec 2016: HOLIDAY HALT: VOLUME A MEASLY $2M
Top-shelf municipal bonds finished slightly stronger in the last session before the holidays, as yields on some maturities were as many as two basis points lower, according to traders. With the holidays here, the market closed early at 2 pm on Friday and will not open again until Tuesday. ... more info

26 Dec 2016: ANOTHER VIEW: A CONTRARIAN’S VIEW ON INFLATION FEARS
Longer-term bond yields are near their highs for this cycle, while the environment for riskier assets like high-yield bonds, bank loans and stocks remains positive. ... more info

23 Dec 2016: STATES WILL HAVE INCREASE IN PAB CAPACITY IN 2017
States will have a modest increase in their capacity to issue private activity bonds in 2017, based on data from the Internal Revenue Service and the U.S. Census Bureau. ... more info

23 Dec 2016: PROMESA ANALYSIS SENDS GUAM REVENUE BONDS TO JUNK
Guam had $763.3 million in revenue bonds dropped to junk, and then withdrawn, by Fitch Ratings based on the passage this summer of federal legislation aimed at rescuing Puerto Rico. ... more info

23 Dec 2016: HOLIDAY HALT: VOLUME A MEASLY $200M
Top-shelf municipal bonds finished slightly stronger in the last session before the holidays, as yields on some maturities were as many as two basis points lower, according to traders. With the holidays here, the market closed early at 2 pm on Friday and will not open again until Tuesday. ... more info

22 Dec 2016: ALL IS QUIET IN THE MUNI MARKET
Top-shelf municipal bonds were steady on Thursday morning, according to traders who were still at their desks. The primary market is nearing shut-down mode as the holidays approach. ... more info

22 Dec 2016: MUNI YIELDS SLIGHTLY LOWER AS HOLIDAY WEEKEND NEARS
Top-shelf municipal bonds finished the day slightly stronger Thursday, as yields on some maturities were as much as one basis point lower, according to traders. The primary market is pretty much in shut-down mode right now as the holidays are right around the corner. ... more info

22 Dec 2016: HAWAII BUDGET FEATURES BONDS FOR CAPITAL PROJECTS
Hawaii Gov. David Ige told legislators he wants to issue general obligation bonds to fund the majority of $3 billion in capital projects over the next two years to capitalize on the state’s high ratings. ... more info

22 Dec 2016: MUNIS SLIGHTLY STRONGER WITH SERENE MARKET
Top-shelf municipal bonds were a tad stronger on Thursday through midday, as yields on some maturities were as much as one basis point lower, according to traders. The primary market is nearing shut-down mode as the holidays approach. ... more info

21 Dec 2016: COMMISSION APPROVES MIDDLE SCHOOL BONDS
The Wilson County, Tenn., Commission approved the issuance of bonds for a future Gladeville-area middle school Monday after discussion among the group and a plea from Wilson County Republican Party leadership. ... more info

21 Dec 2016: MUNI YIELDS SLIDE ON QUIET DAY
Top-shelf municipal bonds were slightly stronger at Wednesday’s market close, according to traders, as yields on some maturities were as many as three basis points lower. ... more info

21 Dec 2016: WITH LIMITED SUPPLY, MUNI YIELDS HEADED SLIGHTLY SOUTH
Top-shelf municipal bonds were slightly stronger on Wednesday around midday, according to traders, as yields on some maturities were as many as three basis points lower. ... more info

20 Dec 2016: NEW FLINT CRIMINAL CHARGES FOCUS ON KAREGNONDI BONDS
New criminal charges stemming from the Flint, Michigan water contamination crisis accuse two former state-appointed emergency managers and two other ex-city employees with using false and misleading tactics to participate in the bond-financed Karegnondi Water Authority project. ... more info

20 Dec 2016: MUNIS UNCHANGED TO CLOSE OUT A SLOW DAY
Top-shelf municipal bonds were steady on Tuesday, according to traders, who saw few notable deals come to market on what was a slow day in the primary. ... more info

20 Dec 2016: VIRGIN ISLANDS PUBLIC FINANCE AUTHORITY RATINGS ON CREDITWATCH NEGATIVE
S&P Global Ratings has placed its 'BB' and 'BB-' ratings on the Virgin Islands Public Finance Authority's matching fund loan notes senior- and subordinate-lien bonds, respectively, on Credit Watch with negative implications. ... more info

19 Dec 2016: COLUMBUS SCHOOLS TO BORROW AGAINST LEVIES FOR MAINTENANCE PROJECTS
The Columbus, Ohio, Board of Education will be asked on Tuesday to approve issuing $75 million in bonds for maintenance projects, financed by the tax levy that voters approved in November. But district property-tax payers won't be billed for the first installment on that loan until January 2018, the district's treasurer said. ... more info

19 Dec 2016: UNIVERSITY OF CONNECTICUT OUTLOOK REVISED TO NEGATIVE
S&P Global Ratings revised its outlook to negative from stable and affirmed its 'AA-' long-term rating on the University of Connecticut (UConn)'s $79.94 million series 2012A and $32.48 series million 2010A student fee revenue and refunding bonds, and $1.3 billion of 2000 general obligation (GO) debt service commitment bonds. ... more info

19 Dec 2016: MUNIS STRENGTHEN AHEAD OF TUESDAY'S ACTION
Top-shelf municipal bonds continued to yo-yo, as they reversed again and finished stronger on Monday. Yields were much as three basis points lower on some maturities, according to traders. ... more info

19 Dec 2016: IGLESIA EPISCOPAL PUERTORRIQUENA INC., PR BOND RATING LOWERED TO 'CCC'
S&P Global Ratings has lowered its long-term rating to 'CCC' from 'CCC+' on the Puerto Rico Industrial Medical & Higher Education & Environmental Pollution Control Facilities Financial Authority's series 1999 bonds, issued for Iglesia Episcopal Puertorriquena Inc. (IEP). ... more info

16 Dec 2016: MUNIS FLAT AHEAD OF $481M NEW ISSUE SLATE
Top-shelf municipal bonds were unchanged at mid-session, traders said, ahead of an upcoming calendar of $481 million of new issues in the week before Christmas. Next Friday will see an abbreviated trading session ahead of the holiday. ... more info

16 Dec 2016: SAN FRANCISCO UTILITY CLOSES GREEN BOND SALE
The San Francisco Public Utilities Commission has issued $259 million of taxable water revenue bonds, certified as green bonds through the Climate Bond Initiative. ... more info

16 Dec 2016: WITH TRUMP'S SUPPORT, MUNI EXEMPTION ADVOCATES TAKE BATTLE TO CONGRESS
U.S. mayors and other municipal market participants are stepping up pressure on Congress to maintain the tax exemption on municipal bonds, after President-elect Donald Trump said he supports the tax break that they say is crucial for funding infrastructure projects. ... more info

15 Dec 2016: WATERLOO SCHOOL BOARD REFINANCES REVENUE BONDS
WATERLOO, Iowa -- The Board of Education on Monday approved refinancing $43.5 million in sales tax revenue bonds originally issued more than five years ago. ... more info

15 Dec 2016: WILSON GOP CALLS FOR HALT ON GLADEVILLE MIDDLE SCHOOL
The Wilson County, Tenn., Republican Party has called for Wilson County commissioners to halt their upcoming vote on Gladeville middle school bonds after it questioned the cost of the project. ... more info

15 Dec 2016: NEW CHICAGO SCHOOLS CREDIT DRAWS STRONG DEMAND
Lured by opinions and ratings endorsing its bankruptcy-remote structure and a still steep yield penalty, investors snapped up Chicago Public Schools’ A-rated capital improvement tax bonds. ... more info

15 Dec 2016: HOW DONALD TRUMP'S INFRASTRUCTURE PLAN COULD BE FINANCED
Direct pay bonds similar to Build America Bonds may wind up forming the backbone of Donald Trump’s proposed 10-year $1 trillion infrastructure investment plan. ... more info

15 Dec 2016: BOND BUYER INDEXES MOSTLY WEAKER
In the week ended Dec.8, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell two basis points to 4.33% from 4.35% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

14 Dec 2016: NONPROFIT TO RESCUE 'LANGUISHING' GEORGIA PROTON BEAM CENTER
Provident Resources Group Inc., a national nonprofit, plans to issue up to $400 million of bonds to rescue a distressed commercial proton beam therapy cancer treatment venture in Atlanta. ... more info

14 Dec 2016: MUNIS STRENGTHEN AS FED GETS SET TO HIKE RATES
Top-rated municipal bonds were stronger at mid-session, according to traders, as the market prepared for the Federal Reserve's announcement on interest rates this afternoon. ... more info

14 Dec 2016: COURT OK CLEARS THE WAY FOR OKLAHOMA TOLL DEAL
The Oklahoma Turnpike Authority plans to price $480 million of toll revenue bonds in January after the state Supreme Court shielded the debt from future litigation. ... more info

14 Dec 2016: MUNIS BARELY BUDGE AFTER FED RAISES RATE
Top-rated municipal bonds finished mixed on Wednesday, according to traders, after the Federal Open Market Committee voted unanimously to raise its fed funds target rate by 25 basis points to between 0.50% and 0.75%. ... more info

13 Dec 2016: DURHAM BOARD OF COMMISSIONERS CERTIFIES $170 MILLION BOND VOTE
DURHAM, N.C. -- Durham County Commissioners certified results Monday night from the Nov. 8 election in which the majority of voters passed more than $170 million worth of bonds. ... more info

13 Dec 2016: MUNIS HOLD STEADY AS FED MEETS ON RATES
Top-quality municipal bonds were unchanged at mid-session, traders said, as the Federal Reserve prepares to begin its two-day monetary policy meeting. ... more info

13 Dec 2016: ASSURED REINSURANCE DEAL WITH FGIC STALLED
Assured Guaranty filed an 8-k regarding a transaction AGO was involved in with FGIC and other policy holders or investors who own insured FGIC bonds. ... more info

13 Dec 2016: MUNIS WEAKEN AS FED MEETS ON INTEREST RATES
Top-quality municipal bonds ended weaker on Tuesday, traders said, as the Federal Reserve began its two-day monetary policy meeting. Traders said activity was muted with few buyers ahead of the Federal Open Market Committee’s announcement on interest rates on Wednesday. ... more info

13 Dec 2016: BRICKBAT FOR NEW JERSEY PLAN TO SELL STATE DEBT TO PENSION FUND
A New Jersey proposal to allow its Transportation Trust Fund to sell bonds directly to its underfunded pension system would worsen credit conditions, according to Municipal Market Analytics. ... more info

13 Dec 2016: ERIE SCHOOL BOARD TO VOTE ON PUTTING $21.5 MILLION PLAN ON THE BALLOT
ERIE, Ill. -- During a sometimes contentious meeting, the school board decided it will vote in January on whether to put a referendum on the April ballot to issue bonds and overhaul its campus and consolidate to two buildings. ... more info

13 Dec 2016: TREASURY 30-YEAR BONDS GO AT 3.152% HIGH YIELD
The Treasury Department Tuesday auctioned $12 billion of 29-year 11-month bonds with a 2 7/8% coupon at a 3.152% high yield, a price of 94.656663. ... more info

12 Dec 2016: MUNIS WEAKEN AHEAD OF SUPPLY, FOMC MEETING
Top-rated municipal bonds were weaker at mid-session, according to traders, who are facing a smaller than usual $4 billion primary calendar as the Federal Reserve gets set to meet in Washington. ... more info

12 Dec 2016: WASHINGTON NONPROFIT HOSPITAL OPERATOR BUYING A FOR-PROFIT SYSTEM
MultiCare Health System, a not-for-profit health system based in Tacoma, Wash., has reached a deal to purchase the for-profit Rockwood Health System for $425 million and will finance a large portion of it with bonds. ... more info

12 Dec 2016: MUNIS WEAKEN AHEAD OF SUPPLY, FOMC MEETING
Top-rated municipal bonds finished weaker on Monday, according to traders, who are facing a smaller than usual $4 billion primary calendar while the Federal Reserve gets set to meet in Washington. ... more info

9 Dec 2016: MUNIS WEAKEN AHEAD OF NEXT WEEK'S $4B CALENDAR
Top-shelf municipal bonds were weaker at mid-session, traders said, ahead of next week's $4 billion new issue calendar, which will be coming as the Federal Reserve gathers in Washington for its last scheduled meeting of the year. ... more info

9 Dec 2016: COUNTY AUTHORIZES SALE OF $9.5 MILLION IN ROAD CONSTRUCTION BOND
WORTHINGTON, Minn. -- The Nobles County Public Works Department is expected to be busy in 2017 after the county's board of commissioners on Thursday authorized the sale of $9,505,000 in general obligation state aid road bonds. ... more info

9 Dec 2016: N.J. PENSION SYSTEM MAY BUY STATE TRANSPORTATION BONDS
New Jersey lawmakers are pitching a proposal to allow the state’s Transportation Trust Fund to sell bonds directly to its $73 billion pension system. ... more info

9 Dec 2016: ISSUERS ASK IF ISSUE PRICE RULES WILL LIMIT COMPETITIVE BOND SALES
Issuer officials who said Treasury's final issue price rules are a vast improvement over earlier proposals nevertheless raised concern that they might discourage competitive sales of bonds or create problems for issuers if underwriters run afoul of the rules. ... more info

8 Dec 2016: OREGON GOV.'S BUDGET OFFERS BONDS, TAXES, CUTS
Facing a projected two-year budget shortfall of $1.7 billion, Oregon Gov. Kate Brown has proposed a biennial budget that the newly-reelected governor characterized as a “short-term” solution. ... more info

8 Dec 2016: TOP COP TO LEAVE SEC AFTER OVERSEEING MAJOR MUNI, OTHER CASES
The Securities and Exchange Commission’s top cop Andrew Ceresney plans to leave the SEC by the end of the year after helping to bring several ground-breaking municipal bonds and other enforcement cases. ... more info

8 Dec 2016: JUDGE: WINTER PARK CAN ISSUE BONDS FOR LIBRARY IN MLK PARK
A judge ruled Wednesday that the City of Winter Park, Fla., can issue bonds to build its new 50,000-square-foot library project in Martin Luther King Park, court records show. ... more info

8 Dec 2016: MUNIS WEAKEN AS LAST DEALS OF THE WEEK SELL
Top-quality municipal bonds turned weaker at mid-session, traders said, with yields on some maturities rising by as much as three basis points. ... more info

8 Dec 2016: E.C.B. EXPECTED TO EXTEND MEASURES TO CONTAIN INTEREST RATES
The central bank is expected to say it will keep buying bonds six months longer than planned. But tensions on the Governing Council are rising. ... more info

7 Dec 2016: ECB EXPECTED TO EXTEND BOND-BUYING PROGRAM
The European Central Bank is expected to extend its monetary stimulus on Thursday, but it is running out of room to keep buying bonds, the bank’s most important tool to bolster the eurozone. ... more info

7 Dec 2016: WHY TRUMP'S INFRASTRUCTURE PLAN LOOKS LIKE VOODOO ECONOMICS
The president-elect would finance his trillion dollar plan through tax credits, bypassing state and local governments, and may move to tax the interest on their municipal bonds. ... more info

7 Dec 2016: WITH TAXES DOWN, SCHOOL CONSTRUCTION BONDS POSSIBLE
TALLAHASSEE, Fla. -- State budget forecasters determined Tuesday that tax revenue supporting projects to build and repair schools will drop by 5 percent next year and that bonds may be an alternative. ... more info

7 Dec 2016: WICHITA EXPANDING STAR BONDS FOR NEW BASEBALL STADIUM
Moving toward building a new ballpark and commercial district west of the Arkansas River, the Wichita City Council on Tuesday approved expanding a sales tax district to pay for public improvements. ... more info

6 Dec 2016: CEILING CLOSES IN ON ECB BOND-BUYING
The European Central Bank is expected to extend its monetary stimulus on Thursday, but it is running out of room to keep buying bonds, the bank’s most important tool to bolster the eurozone. ... more info

6 Dec 2016: LONG MUNI YIELDS FALL 9 BPS; NYC GOS PRICED FOR INSTITUTIONS
Top-rated municipal bonds were substantially stronger at mid-session, according to traders, with yields on some longer maturities falling by as much as nine basis points. ... more info

6 Dec 2016: CITY COUNCIL APPROVES BONDS FOR SPIRIT'S AIR CAPITAL EXPANSION
The Wichita City Council on Tuesday approved industrial revenue bonds and property tax abatements for Air Capital Flight Line and Spirit AeroSystems. ... more info

6 Dec 2016: MUNIS STRONGER AHEAD OF NEW ISSUE SLATE
Top-rated municipal bonds were stronger in early activity, according to traders with yields on some maturities fall by as much as five basis points. ... more info

6 Dec 2016: REFUNDING COMPLETES AN IOWA WATER DISTRICT'S TURNAROUND
Iowa’ s Xenia Rural Water District brought its long financial struggles to a happy ending as it formally shed remaining bonds from its troubled 2006 issue, ending a saga that began with an ambitious expansion that led to default and concerns over the district’s solvency. ... more info

6 Dec 2016: LONG MUNI YIELDS OFF 9 BPS; NYC GOS PRICED FOR INSTITUTIONS
Top-rated municipal bonds finished substantially stronger on Tuesday, according to traders, with yields on longer maturities falling by as much as nine basis points. It was the third session in a row that yields dropped. ... more info

5 Dec 2016: ITALY VOTE PUTS BONDS TO THE TEST
Italy’s rejection of constitutional reform and the resignation of Prime Minister Matteo Renzi are far from being a Brexit-style shock. Markets got this one right. But even more political uncertainty is the result. ... more info

5 Dec 2016: NYC'S $804M GOS PRICED FOR RETAIL; MUNIS FLAT
Top-quality municipal bonds were unchanged at mid-session, according to traders, as the market began to see the first of the week's big deals price for retail investors, led by a large offering from the Big Apple. ... more info

5 Dec 2016: UBS ORDERED TO PAY TWO INVESTORS $18.4M OVER PUERTO RICO BONDS
The Financial Industry Regulatory Authority has ordered UBS to pay two Puerto Rican residents $18.4 million in damages, interest, and other fees over the residents’ investments in closed-end mutual funds concentrated in Puerto Rico bonds. ... more info

5 Dec 2016: IRS AUDITING $55M BONDS ISSUED BY CLARK COUNTY RECLAMATION DISTRICT
The Internal Revenue Service is auditing $55 million of general obligation limited tax water reclamation bonds that were issued in 2007 by the Clark County, Nev. Water Reclamation District. ... more info

5 Dec 2016: MUNIS STRENGTHEN AS NYC'S $804M GOS PRICE FOR RETAIL
Top-quality municipal bonds ended stronger on Monday, according to traders, as the market saw the first of the week’s big deals priced for retail investors, led by a large offering from the Big Apple. ... more info

5 Dec 2016: GOSHEN SCHOOL BOARD APPROVES $3.6M IN BONDS
GOSHEN, Ind. -- The Goshen Community Schools board has approved issuing $3.6 million in bonds to fund a slate of projects, including a plan to expand the district's bus parking lot and a proposal to address heating and cooling issues at Goshen High School. ... more info

2 Dec 2016: POSTELECTION RALLY ENDS, AT LEAST FOR NOW
The major American indexes ended mixed, with some investors moving to stocks that pay dividends and others to bonds, whose yields fell a bit. ... more info

1 Dec 2016: INVESTORS SEE OPPORTUNITIES IN EUROPE'S POLITICAL STRESS
As politics spook European markets, some large fund managers are buying battered stocks and bonds in a bet that worries about rising populist movements are overblown. ... more info

2 Dec 2016: MUNI TRADERS TAKE STOCK AHEAD OF $9.98B WEEK
Municipal bonds were steady to weaker in early activity, according to traders, who were going through their inventory after a busy week and looking ahead of next week's nearly $10 billion new issue calendar. ... more info

2 Dec 2016: NEAL NAMED AS TOP DEM ON WAYS AND MEANS PANEL
WASHINGTON – Rep. Richard Neal, a long-time supporter of municipal bonds, was named ranking minority member of the powerful House Ways and Means Committee on Friday. ... more info

2 Dec 2016: MUNIS STEADY TO STRONGER AHEAD OF $9.98B SLATE
Municipal bonds were trading steady to stronger at mid-session, according to traders, who were looking ahead to next week's nearly $10 billion new issue calendar. ... more info

2 Dec 2016: CASD TO REFINANCE BONDS WHEN CONDITIONS ARE BETTER
Though Carlisle, Pa., school officials have the authority, they are holding off the refinancing of $26 million in debt until the bond market and expected yield on savings improve. ... more info

2 Dec 2016: BOND, PLANNING MOVING FORWARD FOR BERG REBUILD
The sale of $10 million in bonds at Monday's Newton Community School District Board of Education meeting was one of the most visible recent developments in the preparation to rebuild Berg Middle School. ... more info

1 Dec 2016: BOND BUYER INDEXES WEAKEN UP TO 25 BPS
In the week ended Dec. 1, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose 12 basis points to 4.35% from 4.23% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

1 Dec 2016: BOND BUYER INDEXES WEAKEN UP TO 40 BPS
In the week ended Dec. 1, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose 12 basis points to 4.35% from 4.23% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

1 Dec 2016: MUNIS CONTINUE SLIDE AS MORE DEALS SELL
Top-rated municipal bonds again finished weaker, traders said, as the last of the week’s new issue supply came to market Thursday. Munis followed Treasuries lower ahead of Friday’s U.S. employment situation report. ... more info

1 Dec 2016: SAN DIEGO UNIFIED SCHOOL DISTRICT NAMED DEAL OF THE YEAR
The San Diego Unified School District won The Bond Buyer's 15th annual Deal of the Year award for its $471 million sale which smashed the template for local general obligation bonds in California. ... more info

29 Nov 2016: OKLAHOMA TURNPIKE AUTHORITY'S $420M DEAL AWAITS RULING AS RATES RISE
A request for state Supreme Court validation on $420 million of toll revenue bonds has sidelined the Oklahoma Turnpike Authority deal as rates rose in post-election investor uncertainty. ... more info

29 Nov 2016: N.Y. STATE PLANS $100M IN AFFORDABLE HOUSING GREEN BONDS
New York State has secured international certification for nearly $100 million in new green bonds to be issued for affordable housing projects, Gov. Andrew Cuomo said Tuesday. ... more info

29 Nov 2016: MUNIS END WEAKER AS NEW DEALS COME TO MARKET
Top-rated municipal bonds finished weaker on Tuesday, according to traders, as action got underway in the primary market. The yield on the 10-year benchmark muni general obligation rose five basis points while the yield on the 30-year increased three basis points. ... more info

29 Nov 2016: LOSS OF MUNI EXEMPTION WOULD HAVE ADDED $500B TO 2003-12 BORROWING COSTS
WASHINGTON – Capping the tax exemption for municipal bonds over a nine-year period would have cost state and local governments roughly $175 billion in additional borrowing costs, while a full repeal would have cost them nearly $500 billion more, state and local officials warned Tuesday. ... more info

29 Nov 2016: FEDERAL INVESTIGATION LEADS CITI TO HALT BOND SALE CLOSING
Citigroup Global Markets Inc. scrapped the closing on $377.6 million in revenue and general obligation bonds it priced for El Camino Hospital in northern California after the U.S. Justice Department subpoenaed documents from the hospital. ... more info

28 Nov 2016: MUNIS WEAKEN AS MARKET READIES FOR BUSY WEEK
Top-quality municipal bonds were weaker at mid-session, according to traders, as the market gets set to see over $9 billion of new supply hit the screens this week. ... more info

28 Nov 2016: CENTRALIA SCHOOL DISTRICT TO VOTE ON $74M BONDS
Residents within the Centralia School District, Wash., will vote on a $74 million bond in the Feb. 14 special election that, if approved, would result in the construction of two new elementary schools and a "like new" remodel of Centralia High School. ... more info

28 Nov 2016: MUNIS END WEAKER AS MARKET PREPS FOR BUSY WEEK
Top-quality municipal bonds finished weaker on Monday, according to traders, as the market gets set to see over $9 billion of new supply hit the screens this week. ... more info

28 Nov 2016: ORANGE COUNTY TO PRICE $282M TOURIST TAX DEAL
Orange County, Fla., will competitively price $282 million of new money and advance-refunding tourist development tax-backed revenue bonds on Tuesday. ... more info

28 Nov 2016: ALABAMA BONDS AGAINST DEEPWATER HORIZON SETTLEMENT
Alabama plans to issue $652 million of bonds secured by settlement payments stemming from the Deepwater Horizon oil spill in the Gulf of Mexico. ... more info

28 Nov 2016: MUNI MINUTE: NEW ISSUE FEAST AFTER FAMINE
In the latest installment of Muni Minute – The Bond Buyer's 60-second video series – we look at this week’s primary market, where over $9 billion of new deals will price into a rising rate environment after last week’s paltry new issue slate. The week’s headliner is Chicago O’Hare Airport’s $1 billion of senior lien revenue bonds, its second $1 billion-plus deal of November. Also on tap is the New Jersey Economic Development Authority’s $1 billion deal and the District of Columbia’s $578 million sale. ... more info

23 Nov 2016: MUNIS WEAKEN AHEAD OF HOLIDAY, $9.1B CALENDAR
Top-shelf municipal bonds were weaker at mid-session, according to traders, who were wrapping up their business ahead of Thursday’s Thanksgiving holiday and an over $9 billion supply slate next week. ... more info

23 Nov 2016: D.C. TO ISSUE $578M IN TAX-EXEMPT GO BONDS
The District of Columbia next week will issue $577.6 million in general obligation bonds partly to finance projects under the district's capital improvements plan. ... more info

22 Nov 2016: HARRISBURG PARKING BONDS GET NEGATIVE OUTLOOK
Fitch revised its outlook to negative on $123 million of Capitol Region Parking System Series 2013A senior parking revenue bonds in Harrisburg, Pa. ... more info

22 Nov 2016: MUNIS WEAKEN AS MARKET PARTICIPANTS EYE YIELDS
Top quality municipal bonds were weaker at mid-session, traders said, who were keeping a wary eye on the direction of muni yields, which have risen by as much as 60 basis points since Election Day and by 113 basis points since all-time lows hit last July. ... more info

22 Nov 2016: MUNIS WEAKEN AS MARKET PARTICIPANTS EYE YIELDS
Top quality municipal bonds finished weaker on Tuesday, traders said, as they kept a wary eye on muni yields, which have risen by as much as 64 basis points since Election Day and by 115 basis points since July’s all-time lows. ... more info

21 Nov 2016: MUNIS CONTINUE TO WEAKEN IN SHORT HOLIDAY WEEK
Top rated municipal bonds were weaker at mid-session, according to traders, with yields on some maturities rising by as much as five basis points. ... more info

21 Nov 2016: SCHOOL BOARD MOVES FORWARD ON ISSUING BONDS
The Centerville School Board met for their regular November board meeting Tuesday evening at the Administration Building. Board member Travis Yeomans was absent. ... more info

21 Nov 2016: DFW MAY LAND IN TAXABLE MARKET AMID FLOOD OF AIRPORT BONDS
Concerned about the muni market’s ability to absorb a flood of tax-exempt AMT bonds from U.S. airports, Dallas Fort Worth International Airport may turn to taxable debt. ... more info

21 Nov 2016: MUNIS WEAKEN IN START TO SHORT HOLIDAY WEEK
Top-rated municipal bonds finished weaker on Monday, with yields on some maturities rising by as much as five basis points. The market doesn't have much supply to work with this week, with a holiday calendar totaling just over $1 billion. ... more info

21 Nov 2016: UPGRADE FOLLOWS DETROIT PUBLIC SCHOOLS BOND REFUNDING
The Michigan Finance Authority’s successful restructuring of $226.3 million of Detroit Public Schools bonds helped the district earn a two notch ratings upgrade from Moody’s Investors Service. ... more info

21 Nov 2016: IOWA FERTILIZER PROJECT SEEKS TENDER AMID DELAYS, IRS REVIEW
The Iowa Fertilizer Co. LLC’s construction and cash flow troubles led Fitch Ratings to downgrade deeper into junk almost $1.2 billion of project bonds that are now under an Internal Revenue Service cloud. ... more info

18 Nov 2016: OAK BROOK PARK DISTRICT PLANS BOND SALE TO HELP PAY FOR TWO MAJOR PROJECTS
The Oak Brook Park District hopes to add a family locker room and reconfigure/improve its four ball fields through issuing $1,165,000 in bonds. ... more info

18 Nov 2016: BUS BOND PROPOSAL ROLLS THROUGH SCHOOL BOARD
The Washington Community School Board has agreed to move forward with a plan to issue bonds to purchase new buses for the school system. The board has approved a plan to sell $1.52 million in bonds to purchase new buses and then pay them off over a six year period. ... more info

18 Nov 2016: TEXAS CHARTER SCHOOLS TO GET $500 MILLION BOOST TO BACK BONDS
Millions of dollars will remain in the coffers of public charter schools after the State Board of Education freed up more state money to back their construction bonds. ... more info

19 Nov 2016: STRATEGIES: IT’S NOT JUST THE WHITE HOUSE. CHANGE IS IN THE AIR ON WALL ST., TOO
Since Donald J. Trump’s victory, stock futures, bonds and some stock sectors have reversed themselves, and investors can expect more uncertainty. ... more info

17 Nov 2016: MORE DEALS COME AS MARKET CALMS
Top-shelf municipal bonds were mostly unchanged, according to traders, who saw the last issuance of the week trickle in and the market starting to settle down. ... more info

17 Nov 2016: REBECCA HARRIGAL TO RETIRE AS TEB CHIEF
Rebecca Harrigal, the first female director of the Internal Revenue Service’s Office of Tax Exempt Bonds, will leave her post at the agency next month to join a law firm. ... more info

17 Nov 2016: YIELDS HOLD AS ISSUANCE TRICKLES IN
Top-shelf municipal bonds were mostly unchanged, according to traders, as the market seems to be settling down and a few larger deals trickled in. ... more info

16 Nov 2016: CANTON CITY COUNCIL CASTS FINAL VOTE IN FAVOR OF HERCULES BONDS
CANTON -- City Council unanimously approved the issue and sale of bonds to fund a $2 million loan for development at the historic Hercules Engine site. ... more info

16 Nov 2016: MUNI YIELDS STABILIZE AS ISSUERS PULL DEALS
Municipal bonds were mixed on Wednesday. Yields were as many as two basis points higher, though they were unchanged on most maturities, according to traders. ... more info

15 Nov 2016: OUTSIDE THE BOX: THERE ARE THREE POSSIBLE OUTCOMES FOR BONDS, AND TWO ARE BAD
Bond investors are playing a risky ‘passing game,’ says Rob Isbitts.
... more info

15 Nov 2016: SAN DIEGO PARK PLANS INVOLVE UP TO $50 MILLION IN BONDS
San Diego’s plans to restore large swaths of the city’s largest park to pedestrian space involves issuing $50 million in parking revenue bonds. ... more info

15 Nov 2016: HOW GREEN BOND GROWTH COULD AFFECT MUNI DISCLOSURE
The heightened focus on disclosure in green bonds could inspire better disclosure practices in the larger municipal bond market, S&P Global Ratings said in a report this week. ... more info

15 Nov 2016: N.J. QUALIFIED BOND ACT PROGRAM CUT TO BBB-PLUS BY S&P
S&P Global Ratings lowered its rating on New Jersey's Qualified Bond Act Program to BBB-plus from A-minus. The outlook is negative. "We base the downgrade on our recent downgrade on New Jersey's general obligation debt," said S&P Global Ratings credit analyst David Hitchcock. The rating on bonds guaranteed under this program moves in conjunction with the state general obligation rating (A-minus/negative).… ... more info

15 Nov 2016: SEATTLE MAYOR, COUNCILMEMBER HERBOLD CLASH ON NEARLY $30M IN BONDS
City Councilmember Lisa Herbold is pressing ahead with her proposal that Seattle issue almost $30 million in bonds to help create more affordable housing, while Mayor Ed Murray is opposing the plan. ... more info

15 Nov 2016: AHEAD OF TRUMP PRESIDENCY, GLOBAL INVESTORS SELL BONDS AND GRAB STOCKS
Sovereign wealth funds and hedge funds, as well as retirees’ accounts, restructure portfolios to profit from what they expect will be a free-spending administration. ... more info

14 Nov 2016: BUDGET COMMITTEE OKS GLADEVILLE MIDDLE SCHOOL BONDS
The Wilson County Education and Budget committees agreed Thursday to move forward with the issuance of bonds for the future Gladeville-area middle school. ... more info

14 Nov 2016: L.A. METRO COMES TO MARKET FRESH OFF SALES TAX APPROVAL
Los Angeles Metropolitan Transportation Authority is pricing $514.8 million in bonds this week fresh off passage of a half-cent sales tax measure. ... more info

11 Nov 2016: SCHOOL BOND UPDATES: MEASURE G IN CHINO VALLEY, H IN ALTA LOMA NOW TRAILING
Proposed school bonds in Alta Loma and the Chino Valley are losing by narrow margins in updated election returns released Thursday afternoon. ... more info

10 Nov 2016: TRUMP'S INFRASTRUCTURE PLAN DRAWS SUPPORT, BUT COULD HURT MUNIS
President-elect Donald Trump's promise to rebuild the nation's infrastructure is resonating with Republican and Democratic lawmakers, but could spell trouble for municipal bonds. ... more info

10 Nov 2016: MUNIS END WEAKER AHEAD OF $11.5B CALENDAR
Top shelf municipal bonds finished weaker on Thursday, as traders prepared for the upcoming week's hefty calendar, coming to market after the long holiday weekend honoring U.S. veterans ... more info

9 Nov 2016: ELECTION 2016: HOW LOCAL MEASURES SHOOK OUT
Yuba-Sutter voters cast ballots Tuesday on a number of local measures, mostly involving school bonds and some involving marijuana in Yuba County and Marysville. ... more info

9 Nov 2016: ATLANTA TO PAY $200M FOR NBA ARENA IMPROVEMENTS
To keep the Atlanta Hawks playing at Philips Arena, the 17-year-old venue will undergo up to $192.5 million in interior renovations financed with $110 million of bonds and cash. ... more info

9 Nov 2016: MUNIS HIT BY POST-ELECTION JITTERS; 30-YR YIELDS UP 10-12 BPS
Top-rated municipal bonds were substantially weaker in early trading, according to traders, with yields on long maturities rising 10 to 12 basis points. ... more info

9 Nov 2016: TRUMP'S TAX, INFRASTRUCTURE PLANS JEOPARDIZE EXEMPTION FOR MUNIS
Republicans’ sweeping victories of the White House and Congress set the stage for historic tax reform and increased spending on infrastructure next year, but imperil the tax exemption for municipal bonds. ... more info

9 Nov 2016: ELECTION ROUNDUP: CALIF. $9B MEASURE WINS
The largest proposition on ballots, a $9 billion California statewide measure that provides school districts, community college districts and charter schools with matching state funds for school construction, appears to have been approved, while Golden State voters were nearly split on the proposal to require a vote if the state wants to issue more than $2 billion of revenue bonds. ... more info

9 Nov 2016: SOUTHWEST VOTERS APPROVE LARGE BOND ISSUES
A $500 million bond issue for a new Major League Baseball stadium in Arlington, Texas, a $720 million transportation issue in Austin and a record amount of school bonds in Colorado were among the winners in Tuesday’s elections in the Southwest. ... more info

9 Nov 2016: POST-ELECTION JITTERS JOLT MUNIS; LONG YIELDS UP 15 BPS
Top-rated municipal bonds ended sharply weaker on Wednesday, according to traders, with yields on long maturities rising by 15 basis points. Traders also dealt with the aftermath of the surprise election results as several bond deals were placed on the day-to-day list due to market volatility. ... more info

9 Nov 2016: POST-ELECTION JITTERS HIT MUNIS; LONG YIELDS UP 13 BPS
Top-rated municipal bonds were sharply weaker at mid-session, according to traders, with yields on long maturities rising by as much as 13 basis points. ... more info

8 Nov 2016: MUNIS FLAT AS FEW DEALS SELL ON ELECTION DAY
Top-quality municipal bonds were unchanged at mid-session, traders said, as the market sees some volume hit the screens while the country heads to the polls on Election Day. ... more info

8 Nov 2016: MUNIS FLAT AHEAD OF A FEW DEALS ON ELECTION DAY
Top-quality municipal bonds were unchanged in early activity, traders said, as the market is set to see some volume hit the screens on Tuesday, as the country heads to the polls on Election Day. ... more info

8 Nov 2016: BOND REFINANCING SAVES $80 MILLION IN TAX DOLLARS
San Diego Community College District's final sale of bonds generated from Propositions S and N has resulted in a projected $80 million tax reduction for property owners, or about $10 million more than originally expected. ... more info

8 Nov 2016: BALTIMORE POISED TO ISSUE TIF BONDS FOR POPPLETON REDEVELOPMENT
Baltimore's spending panel is poised to approve the issuance of $12 million in bonds to help pay for infrastructure for a long-planned redevelopment in Poppleton. ... more info

7 Nov 2016: MUNIS WEAKEN AHEAD OF $3.1B HOLIDAY WEEK SLATE
Top-rated municipal bonds were slightly weaker at mid-session, according to traders, who were readying a $3.1 billion supply calendar amid a holiday shortened week. Financial markets are open for Election Day on Tuesday but closed Friday for the Veterans Day holiday. ... more info

7 Nov 2016: MUNI MINUTE: ELECTION 2016 BOND REFERENDUMS
In the latest installment of Muni Minute – The Bond Buyer's 60-second video series -- we focus on the bond referendums across the United States. We look at California, which has the lion's share of bonds on the ballot and at what it could mean for new issuance volume in 2017. ... more info

7 Nov 2016: MUNIS WEAKEN AHEAD OF $3.1B HOLIDAY WEEK SLATE
Top-rated municipal bonds finished weaker on Monday, according to traders, who were ready for a $3.1 billion supply calendar amid a holiday shortened week. Financial markets are open for Election Day on Tuesday, but closed Friday for the Veterans Day holiday. ... more info

7 Nov 2016: CAN R.I. AFFORD MORE DEBT?
When Rhode Island voters head to the polls Tuesday, they'll consider five separate questions that would allow the state to borrow $227.5 million by issuing tax-supported bonds. ... more info

7 Nov 2016: FINRA FINES SCOTTRADE $150K FOR FAILING TO IDENTIFY MUNIS AS CALLABLE
Scottrade has agreed to pay $150,000 to settle Financial Industry Regulatory Authority charges that it did not identify bonds as callable in approximately 5,000 municipal securities transactions. ... more info

4 Nov 2016: MUNIS STRENGTHEN AHEAD OF $3.1B HOLIDAY WEEK SLATE
Top-shelf municipal bonds were stronger at mid-session, traders said, ahead of $3.1 billion of new supply slated to hit the market in the upcoming holiday-shortened trading week. ... more info

4 Nov 2016: FITCH UPGRADES JFK IAT (NY) PROJECT BONDS TO 'BBB+'
Fitch Ratings has upgraded the rating on the Port Authority of New York and New Jersey JFK International Air Terminal's (IAT or the terminal) approximately $1.4 billion parity special project bonds series 6 and series 8 to 'BBB+' from 'BBB'. The Rating Outlook has been revised to Stable from Positive. ... more info

4 Nov 2016: ATLANTA INTERNATIONAL AIRPORT'S BONDS LIFTED ONE NOTCH BY FITCH
Hartsfield-Jackson Atlanta International Airport’s revenue bonds received a one-notch upgrade to AA-minus by Fitch Ratings, which cited a 20-year lease agreement with Delta Air Lines as a major factor behind its action. ... more info

4 Nov 2016: WHAT A SHIFT IN POWER IN THE SENATE COULD MEAN FOR MUNIS
A Democratic takeover of the Senate, as has been predicted by some polls, could mean good news for tax reform as well as maintaining the tax exemption of municipal bonds, according to several muni market participants. ... more info

3 Nov 2016: BAML PRICES $1B CHICAGO O'HARE DEAL; MUNIS FLAT
Top-quality municipal bonds were unchanged at mid-session, traders said, as three large deals from the Land of Lincoln dominated the new issue slate, led off by the $1 billion deal for O'Hare International Airport. ... more info

3 Nov 2016: FORT SMITH TO SAVE $6 MILLION ON WATER, SEWER BONDS
Fort Smith, Ark., is expected to save approximately $6 million after the Board of Directors passed a resolution concerning water and sewer bonds, Mayor Sandy Sanders said in a phone interview. ... more info

3 Nov 2016: BONDS FOR ALABAMA HOSPITAL GET NEGATIVE OUTLOOK
A lawsuit that threatens to invalidate the sole security for bonds issued by the Chilton County Health Care Authority in Alabama prompted Fitch Ratings to place debt’s AA-minus rating on watch negative. ... more info

3 Nov 2016: HOLLAND CITY COUNCIL APPROVES $13.56M IN CIVIC CENTER BONDS
After nearly three decades of deliberation and more than $500,000 worth of studies, Holland, Mich.'s Civic Center is the closest it has ever been to being renovated. ... more info

3 Nov 2016: BOND BUYER INDEXES STRENGTHEN
In the week ended Nov. 3, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index fell one basis point to 3.94% from 3.95% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

3 Nov 2016: FISCAL COURT APPROVES JAIL BOND
The bonds for construction of the new jail are ready to be released and the site preparation package approved -- acts approved by magistrates during Thursday's regular monthly meeting of the Laurel County Fiscal Court. ... more info

3 Nov 2016: BAML PRICES $1B CHICAGO O'HARE DEAL; MUNIS FLAT
Top-quality municipal bonds finished unchanged on Thursday, traders said, as three large deals from the Land of Lincoln dominated the new issue slate, led by the $1 billion deal for O’Hare International Airport. ... more info

3 Nov 2016: HARTSFIELD-JACKSON RAISED TO AA-MINUS BY FITCH
Fitch Ratings said it has upgraded to AA-minus from A-plus the rating on the city of Atlanta's approximately $1.7 billion of senior-lien airport general revenue bonds issued on behalf of Hartsfield-Jackson Atlanta International Airport (ATL). ... more info

2 Nov 2016: COMMISSION OKS BORROWING $15.8M FOR PARKING GARAGE
The city of Owensboro, Ky.'s plan to borrow a total of $15.8 million by issuing revenue bonds to build a 400-space parking garage next to the existing 340-space Green River Intra-County Transit System (GRITS) garage on West Second Street, and to purchase the GRITS garage was approved on a 3-0 vote on Tuesday by the City Commission at City Hall. ... more info

2 Nov 2016: TREASURY TO SELL $15B 30-YRS, $23B 10-YRS, $24B 3-YRS IN QRTLY REFUNDING
The Treasury Department announced it will sell $15 billion 30-year bonds, $23 billion 10-year notes, and $24 billion 3-year notes in its quarterly refunding. ... more info

2 Nov 2016: MUNIS STRENGTHEN AHEAD OF FOMC DECISION
Top-rated municipal bonds were stronger at mid-session, according to traders, who were awaiting word on interest rates from the Federal Reserve. ... more info

2 Nov 2016: MUNIS END STRONGER AFTER FED LEAVES RATES UNCHANGED
Top-rated municipal bonds finished stronger on Wednesday, according to traders, after the Federal Open Market Committee in a widely expected move left its fed funds target rate unchanged at between 0.25% and 0.50%. ... more info

2 Nov 2016: MOODY'S METHODOLOGY CHANGE BOOSTED CALIFORNIA CREDITS
Moody’s Investors Service upgraded the ratings on more than 90% of the 200 California credits it reviewed as a result of changes to the way it views lease revenue bonds and comparable debt. ... more info

2 Nov 2016: ARKANSAS VOTERS MAY LIFT CAP ON DEVELOPMENT BONDS
Arkansas voters will decide Nov. 8 whether to lift a state constitutional limit on general obligation bonds for large development projects. They will also decide whether to legalize medical marijuana use. ... more info

1 Nov 2016: MUNIS WEAKEN AS NEW VOLUME HITS THE MARKET
Top-shelf municipal bonds were weaker at midday, according to traders, as the first of the week's larger new deals started to roll in, topped by a big sale from the Port Authority of New York and New Jersey. ... more info

1 Nov 2016: CAMPAIGN FOR CONSERVATION BOND RAISES $72,000
CEDAR RAPIDS, Iowa -- Supports of issuing up to $40 million in bonds for land and water quality projects have raised about $72,000 for a campaign to persuade voters to approve the ballot measure. ... more info

1 Nov 2016: MIDWEST'S BALLOTS HEAVY ON BONDS AND TRANSPORTATION
The Midwest’s voters will decide on an array of bond and tax questions requesting new funding for schools, infrastructure, transit, and highway projects and fill key leadership roles. ... more info

1 Nov 2016: MUNIS MIXED AS NEW VOLUME HITS THE MARKET
Top-shelf municipal bonds ended mixed on Tuesday, according to traders, as the first of the week’s larger new deals started to roll in, topped by a big sale from the Port Authority of New York and New Jersey. ... more info

1 Nov 2016: LOUISIANA HOSPITAL DOWNGRADED
Competition for tertiary care and declining admissions at Opelousas General Health System in Louisiana led S&P Global Ratings to lower the hospital’s bonds below investment grade. ... more info

28 Oct 2016: SHIP MAY HAVE SAILED ON ALASKA'S POB OPPORTUNITY
Alaska is unlikely to find another good opportunity to issue pension obligation bonds soon after the last-minute halt of a more than $2 billion sale several days ago, the state’s debt manager said. ... more info

28 Oct 2016: MUNIS STRONGER AHEAD OF $9.1B NEW ISSUE SLATE
Top-shelf municipal bonds were stronger at mid-session, traders said, as the market digested the week's hefty supply and prepared for $9.1 billion of new issuance. ... more info

28 Oct 2016: MUNIS MIXED AS MARKET LOOKS AHEAD TO NEXT WEEK
Top-shelf municipal bonds were mixed in early activity, traders said, as the market digested the week's hefty supply and prepared for more volume next week. ... more info

27 Oct 2016: INDIANA HIGHWAY P3 FALLS DEEPER INTO JUNK
Construction delays and related payment risks on an Indiana public-private partnership highway project prompted Fitch Ratings to drop bonds issued for the project three notches to B. ... more info

27 Oct 2016: CHICAGO SCHOOL BOARD RATIFIES BOND PLANS
The junk-rated Chicago Board of Education approved $840 million of new money borrowing backed by a citywide capital improvement tax levy and another $160 million of refunding bonds. ... more info

27 Oct 2016: ADRIAN SCHOOLS MAY SAVE $7 MILLION BY REFINANCING 2004 BONDS
ADRIAN, Mich. -- The Adrian Public Schools Board of Education not only received a positive annual audit report, but is set to save its taxpayers millions of dollars in bond interest. ... more info

26 Oct 2016: ALASKA DEAL CALLED OFF AS MORE SUPPLY HITS THE SCREENS
One deal that didn’t hit traders’ screens was Alaska's $2.35 billion sale of taxable pension obligation bonds, which Gov. Bill Walker called off due to a lack of support from the state legislature. ... more info

26 Oct 2016: TAX BACKING ALABAMA HOSPITAL'S BONDS FACES LEGAL CHALLENGE
The tax supporting a $38 million bond deal for a rural Alabama hospital faces a legal challenge, though supporters say a state constitutional amendment on the Nov. 8 ballot should cure the problem for Chilton County and other localities, including Jefferson County. ... more info

26 Oct 2016: NEW MEXICO GOS DOWNGRADED TO AA1 BY MOODY'S
Moody's Investors Service said it has downgraded the state of New Mexico's general obligation bonds to Aa1 from Aaa, affecting $327 million of outstanding debt. ... more info

25 Oct 2016: COLORADO RTD TO ISSUE $197 MILLION
The Regional Transportation District that serves metro Denver will continue to grow its rail and bus system with $197 million of revenue bonds. ... more info

25 Oct 2016: NEW DEALS START TO PRICE AS MUNIS END STEADY
Top quality municipal bonds finished unchanged on Tuesday, according to traders, as the first of the week's big new offerings started to hit the market, led by a negotiated deal in Georgia and a Colorado competitive sale. ... more info

25 Oct 2016: MUNIS STEADY AS NEW DEALS START TO PRICE
Top quality municipal bonds were unchanged at mid-session, according to traders as the first of the week’s big new deals started to hit the market. ... more info

25 Oct 2016: HEDGE FUNDS HOLDING PUERTO RICO SALES-TAX BONDS ASK TO HALT SUIT
Hedge funds holding Puerto Rico revenue bonds are asking a court to postpone a lawsuit filed by general-obligation bondholders seeking to stop the commonwealth from directing sales-tax revenue away from the general fund. ... more info

24 Oct 2016: CHICAGO SCHOOL BOARD TO WEIGH $840 MILLION OF NEW BONDS
Junk-rated Chicago Public Schools will ask its Board of Education for authority to sell up to $840 million of bonds backed by a new citywide capital improvement tax levy. ... more info

24 Oct 2016: AS HEFTY SUPPLY SLATE LOOMS, MUNIS END FLAT
Top-rated municipal bonds finished unchanged on Monday, traders said, ahead of another huge issuance week with about $16.5 billion of volume ready to pass through the supply pipeline. ... more info

24 Oct 2016: VERNON, CALIF. RECEIVES TWO NOTCH DOWNGRADE
Vernon’s electric system revenue bonds were downgraded two notches to Baa3 and received a negative outlook as a result of chronically weak financial metrics. ... more info

24 Oct 2016: $3.3B EXPANSION OF HAMPTON ROADS BRIDGE-TUNNEL TO INCLUDE BONDS
A $3.3 billion project to expand a subsea tunnel system at Hampton Roads, Va., will be financed with a combination of bonds, toll revenue, and gas tax revenue under a plan approved a regional planning agency. ... more info

24 Oct 2016: MUNIS FLAT AS MARKET PREPS FOR MORE SUPPLY
Top-rated municipal bonds were flat with at mid-session, traders said, as they prepared for yet another huge issuance week, with an estimated $16.5 billion set to pass through the pipeline. ... more info

24 Oct 2016: MUNIS FLAT AS MARKET PREPS FOR ANOTHER BIG WEEK
Top-rated municipal bonds were flat in early activity, traders said, with participants prepared for yet another huge issuance week, as an estimated $16.5 billion will be coming through the pipeline. ... more info

21 Oct 2016: MILLIONS IN STATE BONDS ON NEW MEXICO BALLOT
New Mexico voters are being asked to approve tens of millions of dollars worth of construction projects at higher education institutions across the state, including a new $27 million physics and astronomy building on the University of New Mexico campus. ... more info

21 Oct 2016: SF COUNTY VOTERS TO DECIDE ON $35M IN BONDS
In addition to a $5 million bond to build two new community health facilities, Santa Fe County voters are also being asked to consider four other General Obligation Bond questions that, if approved, would generate $30 million for roads, water and wastewater projects, public safety facilities, and parks and open space. ... more info

21 Oct 2016: VOTERS ASKED TO APPROVE BONDS, OPINE ON GRT HIKE
Santa Fe County Commission Chairman Miguel Chavez says he introduced two questions that will appear on the Nov. 8 general election ballot because he believes there's a need for the county to take a proactive approach to a behavioral health and substance abuse crisis throughout New Mexico. ... more info

21 Oct 2016: LOOGOOTEE SCHOOL BOND TAKES ON MORE PROJECTS
A bond issue to fix roofs and perhaps get some other work done has turned into many more projects. During Thursday afternoon's meeting the Loogootee School Board received an update on the progress of projects under the bonds, and approved a trio of additional jobs. ... more info

21 Oct 2016: RETIREMENT WEEKLY: INVESTMENTS FOR RETIREMENT
IndexIQ has filed with the Securities and Exchange Commission for an exchange-traded fund investing in high-yielding, below-investment-grade U.S. corporate bonds selected for low volatility.
... more info

21 Oct 2016: REFUNDING BONDS ISSUED FOR WATER SYSTEM UPDATES
WEST OLIVE, Mich. -- The local water system is saving nearly $2 million after a successful sale of bonds used for improvement projects in the past few years. ... more info

21 Oct 2016: WHAT HARTFORD STADIUM BONDS OFFER RISK-TOLERANT INVESTORS
Bonds that funded the stalled minor-league baseball stadium in Hartford, Conn., could appeal to investors with appetite for risk, said Richard Larkin of Stoever Glass. ... more info

21 Oct 2016: STONINGTON SELLS BONDS FOR SCHOOL, BOATHOUSE PARK PROJECTS
STONINGTON, Conn. -- The town announced Thursday that it has sold $17.2 million in bonds for the first part of the $67 million elementary school renovation and expansion project and wrapped the borrowing for $2.2 million Mystic River Boathouse Park project into the bonding to save administrative costs. ... more info

20 Oct 2016: BOND BUYER INDEXES ARE MIXED
In the week ended Oct. 20, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose two basis points to 3.94% from 3.92% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

20 Oct 2016: MUNIS STRENGTHEN AS LAST OF SUPPLY HITS
Top shelf municipal bonds were stronger on Thursday, as yields dropped from one to four basis points after the market took in the last major supply of the week. ... more info

20 Oct 2016: TEB SAYS MUNI AUDITS CAN BE CLOSED AFTER FULL REDEMPTION
The Internal Revenue Service's Office of Tax-Exempt Bonds has told its auditors that, if an issuer redeems 100% of the outstanding principal amount of its tax-exempt or tax-credit bonds, the audit can be closed without further TEB action. ... more info

20 Oct 2016: TREASURY INDEXED 30-YEARS GO AT 0.666% HIGH YIELD
The Treasury Department Thursday sold $5 billion of inflation-indexed 29-year, 4-month bonds at a 0.666% yield, an adjusted price of 110.667461, with a 1% coupon. ... more info

20 Oct 2016: VOTERS TO DECIDE ON $25M IN FLOOD BONDS
ALBUQUERQUE, N.M. -- Protecting lives and property from flooding in Albuquerque is the work of the Albuquerque Metropolitan Arroyo Flood Control Authority. ... more info

19 Oct 2016: DRAGHI FACES TEST AT ECB MEETING AMID INVESTOR NERVES
The European Central Bank chief has to convince investors Thursday he can boost stimulus if he needs to but, amid a shortage of bonds to buy and limited by the bank’s rules, without saying how he would do it. ... more info

19 Oct 2016: NON-RENEWAL FOR BOND FUNDED CALIFORNIA CHARTER SCHOOL WITH TURKEY TIES
The Los Angeles school board refused to renew three charters for a charter school system with outstanding bonds that has faced financial problems and questions about connections to Turkey’s coup. ... more info

19 Oct 2016: NEW OREGON PROGRAM MATCHES SCHOOL BOND FUNDS
Oregon has inaugurated the use of a new state program managed by the Oregon Department of Education that offers a dollar-to-dollar match of up to $4 million to districts whose voters approve local bonds. ... more info

19 Oct 2016: INDIANA'S CITIZEN ENERGY GAS BONDS UPGRADED
Indiana’s Citizens Energy Group heads into the market with a $49 million refunding of natural gas utility bonds bolstered by an upgrade from S&P Global Ratings. ... more info

19 Oct 2016: NO OBJECTIONS TO PARKING GARAGE BONDS
No objections were raised during Tuesday's Owensboro, Ky., City Commission meeting to the introduction of a pair of borrowing initiatives totaling more than $15.8 million. ... more info

18 Oct 2016: CHICAGO MOTOR FUEL TAX PAPER DOWNGRADED OVER STATE LINK
Chicago’s motor fuel bonds and a Transportation Infrastructure and Innovation Act loan fell a notch Tuesday as S&P Global Ratings’ moved the ratings down in tandem with its recent downgrade of the state’s general obligation rating. ... more info

18 Oct 2016: NABL'S GERBER TO FOCUS ON DEFENDING MUNI TAX EXEMPTION
The tax exemption of municipal bonds, issue price, political subdivisions and disclosure top the agenda of the National Association of Bond Lawyers for the coming year, according to Cliff Gerber, who becomes NABL president on Oct. 19. ... more info

18 Oct 2016: PROJECT JACKSON BONDS HAVE HIGHER INTEREST RATE
With North Augusta working to finalize the Project Jackson master development agreement by year's end, criticisms of the mixed-use development are still in the batting order. ... more info

17 Oct 2016: $35M IN BONDS UP TO VOTERS ON NOV. 8
Santa Fe County voters on Nov. 8 will be asked to approve $35 million in general obligation bonds in five separate questions. The fifth question is a new one for Santa Fe County. It asks voters to approve $5 million in bonds for community health facilities targeted at increasing services for those with addictions or mental illness. ... more info

17 Oct 2016: MUNIS STEADY TO WEAKER AHEAD OF AVALANCHE OF ISSUANCE
Municipal bonds closed steady to weaker on Monday, with yields on some maturities as much as two basis points higher, according to traders, as they braced for $15.4 billion of issuance this week. ... more info

15 Oct 2016: REBUILDING BOOM: SCHOOL BONDS SEEK TO NAIL IN GAINS
Across California, higher per-student funding, a perking-along economy, Common Core falling into stride and a revolutionary shift into technology have started a rolling snowball of expected improvement. A makeover for school buildings seems like the inevitable next roll. ... more info

14 Oct 2016: SIGNS OF STRAIN IN THE STOCK AND BOND LOVE AFFAIR
The markets’ traditional moves may be altering, denting bonds’ appeal. But it’s not really dire. And remember: There’s always the safety of cash. ... more info

14 Oct 2016: SIGNS OF STRAIN IN THE STOCK AND BOND LOVE AFFAIR
The markets’ traditional moves may be altering, denting bonds’ appeal. But it’s not really dire. And remember: There’s always the safety of cash. ... more info

14 Oct 2016: SCHOOL DISTRICTS SEEK MORE THAN $274 MILLION THIS NOVEMBER
Four California local school districts -- from North County to South County -- are looking for a collective $274.05 million in bonds this November to finance improvements. ... more info

14 Oct 2016: ANNISTON CITY COUNCIL PUSHES FORWARD WITH COST-SAVING REFINANCE OF BONDS
Anniston, Ala., City Council members on Thursday agreed to allow city officials to begin the process of refinancing bonds to save the city money. ... more info

14 Oct 2016: $36 MILLION IN BONDS UP FOR APPROVAL ON NOV. 8 BALLOT
Bernalillo County, N.M., is asking voters this fall to approve about $36 million in bonds to finance road construction, park redevelopment, the purchase of library materials and several other capital projects. ... more info

13 Oct 2016: DEEP DIVE: $80 BILLION MUTUAL FUND UNCOVERS OPPORTUNITIES IN TECH STOCKS, JUNK BONDS
The Franklin Income Fund is largely avoiding typical dividend sectors, says Phil van Doorn.
... more info

13 Oct 2016: ILLINOIS SPREADS WIDEN
Illinois’ yield penalties widened Thursday as the nation’s lowest rated state sold $1.3 billion of general obligation refunding bonds against a tide of negative fiscal and market headwinds. ... more info

13 Oct 2016: BILLION DOLLAR MIDWEST DEALS PRICE; MUNIS FLAT
Top quality municipal bonds finished unchanged on Thursday, traders said, as deals from Illinois and Michigan’s Great Lakes Water Authority swept into the market. ... more info

13 Oct 2016: WHY TAX CREDIT BONDS ARE SEEN AS ALTERNATIVE TO MUNIS DURING ECONOMIC UNCERTAINTY
Tax credit bonds can be an attractive alternative to municipal bonds during sluggish or uncertain economic periods, according to a report issued this week by the Congressional Research Service. ... more info

13 Oct 2016: TREASURY 30-YEAR BONDS GO AT 2.470% HIGH YIELD
The Treasury Department Thursday auctioned $12 billion of 29-year 10-month bonds with a 2.25% coupon at a 2.470% high yield, a price of 95.372563. ... more info

13 Oct 2016: BIG MIDWEST DEALS PRICE; MUNIS UNCHANGED
Top-quality municipal bonds were unchanged at mid-session, traders said, as deals from Illinois and the Great Lakes Water Authority swept into the market. ... more info

12 Oct 2016: MUNIS WEAKEN AS NEW DEALS COME TO MARKET
Top quality municipal bonds were weaker at mid-session, traders said, continuing a recent trend as the first of the week’s new issue deals started to hit the market. ... more info

12 Oct 2016: OKLAHOMA CITY ATTORNEY ARGUES AGAINST TURNPIKE BOND MEASURE
Appearing before an Oklahoma Supreme Court referee Tuesday, Jerry Fent argued against the sale of bonds to fund turnpike expansion and improvement, saying that would run afoul of the state constitution. ... more info

11 Oct 2016: MUNIS END SHARPLY WEAKER AHEAD OF NEW DEALS
Top-rated municipal bonds finished substantially weaker on Tuesday, according to traders, who returned to their desks after the holiday weekend looking ahead to a new issue calendar totaling over $8 billion. ... more info

11 Oct 2016: MUNIS WEAKEN AHEAD OF $8.4B NEW ISSUE SLATE
Top-rated municipal bonds were weaker at mid-session, according to traders, who were returning to their desks after the three day holiday weekend. New issue volume for the week is estimated at $8.41 billion. ... more info

11 Oct 2016: MUNI MINUTE: A MIDWEST MEDLEY OF BUDGETS & BONDS
In the latest installment of Muni Minute – The Bond Buyer's 60-second video series -- we focus on a busy week in the Midwest where the city of Chicago and Cook County will unveil their budgets while two $1 billion-plus deals from Michigan’s Great Lakes Water District and the state of Illinois will hit the market. ... more info

11 Oct 2016: HEDGE FUNDS HOLDING PUERTO RICO GOS SUE OVER SALES-TAX BONDS
Hedge funds holding Puerto Rico’s general-obligation bonds are asking a court to stop the commonwealth from directing sales-tax revenue to repay other debt backed by that money because it violates the island’s constitution. ... more info

8 Oct 2016: B.G. SCHOOLS ASK FOR BUILDING BONDS
Battle Ground Public Schools is asking voters to approve an $80 million bond to make long-overdue renovations, replace four schools and build two new ones in the growing district. ... more info

7 Oct 2016: S&P, MOODY'S TAKE HARD LOOK AT PORT BONDS TO HELP FINANCE NEW VIRGINIA INTERNATIONAL GATEWAY LEASE
Two of the big three bond-ratings agencies -- Standard & Poor's and Moody's -- have weighed in on a bond-refinancing deal that was key to the Virginia Port Authority's multibillion-dollar lease of the Virginia International Gateway port terminal signed two weeks ago. ... more info

7 Oct 2016: COUNCILORS SPLIT ON IDEA OF SENDING STREETSCAPES BONDS TO FALL RIVER VOTERS
A pair of City Councilors who hope to send over $10 million in funding for streetscape projects to voters may not have the majority support of their fellow councilors or the administration, but the practice to allow voters to decide on how to spend tax dollars on bonding is relatively new. ... more info

7 Oct 2016: MOODY'S DOWNGRADES $1.3B OF PHILADELPHIA, PA'S OUTSTANDING SERVICE FEE DEBT TO A3
Moody's Investors Service has downgraded the rating on Philadelphia Authority for Industrial Development (PAID), PA's $958.4 million Pension Funding Bonds (City of Philadelphia Retirement System), Series 1999A-1999C and $299.8 million City Service Agreement Refunding Revenue Bonds, Series 2012 (Federally Taxable) to A3 from A ... more info

7 Oct 2016: CALIFORNIA TREASURER HIGHLIGHTS SAVINGS FROM RATINGS BOOSTS, FISCAL RESTRAINT
California has enhanced its ability to borrow money cheaply and nudged its credit rating into high-grade territory amid a period of rising investor clamor for its bonds, according to the annual Debt Affordability Report from State Treasurer John Chiang. ... more info

7 Oct 2016: BRANSON AIRPORT GETS MORE TIME
Holders of $113 million of defaulted bonds issued for a Branson, Missouri Airport will get an update on airport operations and an amended forbearance agreement on Oct. 13. ... more info

7 Oct 2016: CROWELL ELEMENTARY RALLY URGES SUPPORT OF PROP. 55, TURLOCK BONDS
TURLOCK, Calif. -- Turlock teachers took to the streets Thursday morning to urge parents and passing motorists to vote for extending education taxes as part of a statewide push in support of Proposition 55. ... more info

7 Oct 2016: MUNIS FLAT AHEAD OF $8.4B HOLIDAY WEEK SLATE
Top-shelf municipal bonds were steady at mid-session, traders said, ahead of the upcoming holiday-shortened trading week. Markets will be closed on Monday for the Columbus Day holiday. ... more info

6 Oct 2016: ECB SEES RISING SCARCITY OF BONDS FOR QE PROGRAM
ECB policy makers warned at their September meeting of “increasing challenges” in sourcing bonds for the bank’s quantitative easing program, and hinted that the program could be expanded again. ... more info

6 Oct 2016: SEC IS INVESTIGATING PREPA'S 2012 AND 2013 BONDS
The SEC has given a subpoena concerning the 2012 and 2013 bonds to PREPA, which is cooperating in the investigation, the power utility said Thursday. ... more info

6 Oct 2016: BOND BUYER INDEXES WEAKEN
In the week ended Oct. 6, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose four basis points to 3.85% from 3.81% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

6 Oct 2016: DEVELOPER FINANCES TWO SENIOR HOUSING PROJECTS WITH $69M BOND OFFERING
A Michigan-based senior housing developer and operator is borrowing $69.3 million of unrated tax exempt and taxable bonds to finance projects in Waterville, Ohio, and Chesterton, Ind. ... more info

6 Oct 2016: BILLS WOULD RAISE LIMITS ON IDBS, FREIGHT FACILITY BONDS
Democrats in the Senate and House have introduced separate bills to raise limits for both tax-exempt small issue manufacturing bonds and highway or surface freight facility bonds. ... more info

6 Oct 2016: WHAT NEIGHBORLY BRINGS TO THE MUNI MARKET
Neighborly CEO Jase Wilson discusses his company’s platform and its “Neighborly Bonds Challenge” at The Bond Buyer’s recent California Public Finance Conference. ... more info

6 Oct 2016: CITY'S BOND REFINANCING SAVES TAXPAYERS $22.5 MILLION
The City and County of Honolulu sold about $379 million of tax-exempt and taxable general obligation bonds on Wednesday that will be used to refinance existing debt and finance new capital improvement projects and equipment. ... more info

5 Oct 2016: DEUTSCHE BANK 'COCO' PAIN ISN'T WHAT IT SEEMS
As Deutsche Bank’s stock has been battered, anxiety has also gathered around its other forms of capital, notably convertible junior bonds known as cocos. ... more info

5 Oct 2016: MARKET CHEAPENS AS $1.55B PRICES FOR HARVARD
Top flight municipal bonds weakened Wednesday, as traders said yields rose by as many as 7 basis points amid a flood of bond sales that included roughly 10% of the week’s issuance in one deal. ... more info

5 Oct 2016: VOTERS APPROVE KALISPELL SCHOOL BONDS
As ballots were being counted it was an overwhelming "yes" from Kalispell Public Schools voters who approved two bond issues totaling $54 million in a mail-ballot election that ended Tuesday. ... more info

5 Oct 2016: CHARLOTTE STICKS WITH WELLS FARGO SECURITIES
Charlotte, N.C., will buck a recent trend and keep embattled Wells Fargo Securities on its sale of up to $150 million of general obligation bonds, saying the investment bank has served the city well. ... more info

4 Oct 2016: MARKETWATCH AND LEARN: HOW TO BUY BONDS
How much of an investment plan should be allocated to fixed income? Here’s what to watch out for when buying bonds.
... more info

4 Oct 2016: WISCONSIN BRINGS GOS WITH SHORTER-THAN-EVER CALL PROVISION
Wisconsin takes competitive bids Wednesday on $325 million of new-money general obligation bonds with its shortest call feature to date at seven-and-a-half years. ... more info

4 Oct 2016: MUNIS WEAKEN AS NEW DEALS HIT THE MARKET
Top quality municipal bonds finished weaker along with U.S. Treasuries on Tuesday, traders said, as the first big deals of the week came to market led by sales from the Massachusetts School Building Authority and the California State Public Works Board. ... more info

4 Oct 2016: UPGRADES BURNISH GREAT LAKES WATER AUTHORITY'S BOND MARKET DEBUT
The Great Lakes Water Authority will make its market debut next week with $1.3 billion of new money and refunding bonds, boosted by two new rating upgrades. ... more info

4 Oct 2016: MAYORS: NEXT PRESIDENT MUST KEEP MUNI EXEMPTION; FOCUS ON INFRASTRUCTURE
The next president must maintain the tax exemption for municipal bonds -- the “bread and butter” of infrastructure financing -- or risk costing cities up to $500 billion, a group of mayors recently told Republican and Democrat campaign representatives. ... more info

4 Oct 2016: MUNIS WEAKEN AS NEW DEALS HIT THE MARKET
Top quality municipal bonds were weaker at mid-session, traders said, as the first big deals of the week came to market, led by offerings from the Massachusetts School Building Authority and the California State Public Works Board. ... more info

4 Oct 2016: RHODE ISLAND PLANS $250M GARVEE SALE
Rhode Island Commerce Corp. plans a negotiated sale of $250 million in Series 2016B state Department of Transportation grant anticipation bonds. ... more info

3 Oct 2016: SKOKIE PARK DISTRICT SELLS BONDS FOR WEBER RENOVATION
The Skokie Park Board has approved the sale of nearly $625,000 in bonds to help pay for the upcoming major renovation of the Weber Leisure Center. ... more info

3 Oct 2016: IRS LEAVES PA. SCHOOL DISTRICT BONDS TAX-EXEMPT IN APPARENT REVERSAL
The Internal Revenue Service appears to have reversed itself in recently closing an audit with no change to the tax-exempt status of some general obligation bonds issued by a Pennsylvania school district issued in 2005 and advance refunded in 2013. ... more info

3 Oct 2016: PUERTO RICO COMMISSION RAISES RED FLAGS ON PREPA'S 2013 BOND
A Puerto Rico government commission report raised concerns over debt-service coverage, illegalities, disclosures and accounting issues regarding $673 million of bonds issued by the island’s power utility in 2013. ... more info

3 Oct 2016: MUNIS MIXED AHEAD OF $14B NEW ISSUE SLATE
Top-rated municipal bonds were mixed at mid-session, according to traders, as the market prepares for a hefty $14.23 billion new issue calendar. ... more info

29 Sep 2016: MUNIS END WEAKER AS HAWAII, MASS. ISSUES SELL
Top-rated municipal bonds ended weaker on Thursday, traders said, as the market saw more supply hit the screens, topped by Hawaii and Massachusetts issues. ... more info

29 Sep 2016: IRS SAYS FLORIDA JAIL BONDS LIKELY TAXABLE
The Internal Revenue Service has informally advised the Baker Correctional Development Corp. in Florida that $45 million of first mortgage revenue bonds it issued in 2008 are taxable. ... more info

29 Sep 2016: DETROIT SCHOOL BONDS GET REFUNDED
The Michigan Finance Authority completed a private placement of $226.3 million of bonds Thursday to refund Detroit Public Schools paper set to lose its state aid backing Oct. 1. ... more info

29 Sep 2016: SWEET BRIAR COLLEGE UPGRADED
Sweet Briar College saw its revenue bonds upgraded four notches, although still within junk territory, because of efforts to keep the 114-year-old Virginia women's institution open. ... more info

29 Sep 2016: CITY COUNCIL GIVES ITS BLESSING TO FALL RIVER BOND REQUESTS, TIFS
FALL RIVER, Mass. -- The City Council moved a multi-million capitol improvement spending package to its Committee on Finance for discussion on Tuesday and approved two $1 million bonds as part of a land deal with Atlantis Charter School near South Watuppa Pond. ... more info

29 Sep 2016: MUNIS WEAKEN AS HAWAII, MASS. ISSUES SELL
Top-rated municipal bonds were weaker at mid-session Thursday, traders said, as the market saw more supply hit the screens, topped by Hawaii and Massachusetts issues. ... more info

28 Sep 2016: S&P DOWNGRADES MISSION, TEXAS, HOSPITAL DISTRICT TO CCC
Hidalgo County Health Services Corp. debt issued for the Mission, Texas, Regional Medical Center moved closer to a default rating as S&P Global Ratings dropped $26.7 million of bonds to CCC from B-minus. ... more info

28 Sep 2016: S&P DOWNGRADES MISSION, TEXAS HOSPITAL DISTRICT TO CCC
Hidalgo County Health Services Corp. debt issued for the Mission, Texas, Regional Medical Center moved closer to a default rating as S&P Global Ratings dropped $26.7 million of bonds to CCC from B-minus. ... more info

28 Sep 2016: WELLS FARGO SUSPENDED FROM UNDERWRITING CALIFORNIA STATE BONDS
California’s treasurer blocked Wells Fargo from bond underwriting and other business relationships, as shockwaves from a fake accounts scandal in the company’s retail bank rocked the fifth-largest municipal underwriter. ... more info

28 Sep 2016: NEBRASKA FARM BUREAU FIGHTING COMMUNITY COLLEGE BONDS
The Nebraska Farm Bureau says a community college’s $369 million bond question on the November ballot would lead to a massive property tax increase on farmers, business, and homeowners in southeast Nebraska. ... more info

27 Sep 2016: PUERTO RICO'S RETIREMENT SYSTEM TO JOIN SUIT AGAINST UBS OVER BONDS
Puerto Rico’s retirement system plans to join an ongoing lawsuit filed against UBS over the alleged mishandling of pension obligation bond proceeds. ... more info

27 Sep 2016: MUNIS STRONGER AS SUPPLY STREAM RAMPS UP
Top-rated municipal bonds finished stronger on Tuesday, traders said, as the first of the week’s new issues started to come to market even as the biggest deal of the day was reported postponed. ... more info

27 Sep 2016: FEINGOLD, JOHNSON BACK MUNIS
Wisconsin Democrat Russ Feingold and Republican U.S. Sen. Ron Johnson finally found something to agree on Monday: Don't mess with municipal bonds. ... more info

27 Sep 2016: COULD STAR BONDS BUILD A WSU FOOTBALL STADIUM?
There is a "conversation" to explore the possibility of building Wichita State University, Kan., a football stadium in a potentially expanded STAR bonds district at K-96 and Greenwich. ... more info

27 Sep 2016: POLL SHOWS STRONG VOTER SUPPORT FOR TRANSPORTATION BONDS
A majority of Maine voters favor issuing $100 million in bonds to improve transportation infrastructure, according to a new Portland Press Herald poll. ... more info

27 Sep 2016: HOW MUNI EXPERTS ARE STRATEGIZING FOR YEAR END
Some strategists say they will increase credit quality and shorten duration for overall risk protection, while others are identifying premium bonds, bonds with short calls, and those with average life structures to boost yield. ... more info

27 Sep 2016: N.Y. MTA TO MARKET FLOATERS
New York MTA intends to market five subseries of floating rate securities totaling $242 million and also refund $500 million of transportation revenue bonds in October. ... more info

26 Sep 2016: AHEAD OF NEW SUPPLY, MUNIS END STEADY
Top-quality municipal bonds ended steady to stronger on Monday, according to traders, as the market prepared to take on a new issue calendar of about $7.2 billion that will start to hit the screens on Tuesday. ... more info

26 Sep 2016: BILL WOULD MAKE BONDS OF HISTORICALLY BLACK COLLEGES TRIPLE TAX-EXEMPT
A bill introduced in the House would make municipal bonds issued by historically black colleges and universities tax-exempt at the federal, state and local levels. ... more info

26 Sep 2016: SCHOOL BONDS HAVE SOLID SUPPORT, DESPITE CRITICS
DURHAM -- The $170 million Durham County bond referendum, which features $90 million for public schools, has received solid support from the county's three most influential political action committees. ... more info

26 Sep 2016: MUNIS FLAT AS MARKET PREPS FOR $7.2B WEEK
Top-quality municipal bonds were unchanged at mid-session, according to traders, as the market prepared to take on a new issue calendar of about $7.2 billion that will hit the screens starting on Tuesday. ... more info

26 Sep 2016: MUNI MINUTE: HAWAII SAYS ALOHA KAKOU TO MUNI MARKET
In the latest installment of Muni Minute – The Bond Buyer's 60-second video series that examines a top municipal market story that will have an impact in the coming week – we look at the state of Hawaii, which is selling over $675 million of general obligation bonds in the wake of two credit rating upgrades, improvements in its fiscal position and a self-reported disclosure failing under MCDC. ... more info

23 Sep 2016: PORT AUTHORITY PLANS $150M BOND SALE FOR MOYNIHAN STATION
The Port Authority of New York and New Jersey will issue bonds to finance its share of a planned $3 billion overhaul of Manhattan’s Penn Station. ... more info

23 Sep 2016: INTREPID ENDS REVENUE BONDS WITH COUNTY
EDDY COUNTY -- Intrepid Potash has terminated two Industrial Revenue Bonds issued to them by Eddy County in 2009 and 2010 for a combined $150 million. ... more info

23 Sep 2016: KANDIYOHI CO. FORMALLY COMMITS TO ISSUING BONDS FOR BROADBAND PROJECT
WILLMAR -- The Kandiyohi County Board formally committed this week to a bond issue as the funding mechanism to support rural broadband development. ... more info

22 Sep 2016: DASNY SELLS $1B OF BONDS; MUNIS END STRONG
Top-quality municipal bonds finished stronger on Thursday, according to traders, as the Dormitory Authority of the State of New York came to market with over $1 billion of bonds. ... more info

22 Sep 2016: DETROIT SCHOOL BOND REFUNDING IN WORKS
The Michigan Finance Authority approved a plan to issue $235 million of debt to refund some Detroit Public Schools bonds before they lose their state aid backing on Oct. 1. ... more info

22 Sep 2016: GREEN BONDS YET TO REALIZE PRICING PREMIUM
Investors have yet to reward green bonds with better pricing, but there is growing demand for the niche, according to one speaker at the Bond Buyer’s California Public Finance conference. ... more info

22 Sep 2016: MUNIS STRONGER AS DASNY SELLS $1B OF BONDS
Top-quality municipal bonds were stronger at mid-session, according to traders, as the Dormitory Authority of the State of New York competitively sold over $1 billion of bonds. ... more info

22 Sep 2016: CITY COUNCIL OKS SANITATION SYSTEM BONDS
Bloomington, Ind., city officials now have approval to sell bonds to cover up to several million dollars in projects, including purchases intended to help implement proposed changes to the sanitation system. ... more info

22 Sep 2016: SAN ANTONIO CONSIDERS REVENUE BONDS FOR SOUTHWEST SIDE DEVELOPMENT
The San Antonio Housing Trust Finance Corporation plans to issue up to $22 million in multifamily housing revenue bonds to help build a sizable apartment complex on the Southwest Side. ... more info

21 Sep 2016: MUNI PROS EXPECT RATES TO DRIVE 2017 VOLUME, SEE GREEN BONDS AS A PLOY
With record attendance at the 26th annual Bond Buyer California public finance conference, the participants of the live market survey certainly made their voices heard. ... more info

21 Sep 2016: UNIVERSITY SELLING BONDS FOR ATLANTIC CITY CAMPUS
New Jersey’s Stockton University is holding a bond sale Thursday to raise proceeds for its planned new $178 million Atlantic City campus. ... more info

21 Sep 2016: PALOMAR HEALTH TO SELL OVER $400 MILLION, SOME HIGHLY RATED, SOME JUNK
San Diego-based Palomar Health is set to issue more than $400 million of refunding bonds in the next two weeks, split between investment-grade general obligation debt and junk-rated revenue bonds. ... more info

21 Sep 2016: MUNIS FLAT AS FOMC LEAVES RATES UNCHANGED
Top-shelf municipal bonds finished unchanged on Wednesday, traders said, after the Federal Open Market Committee in a widely expected move left its fed funds target rate unchanged at between 0.25% and 0.50%. ... more info

21 Sep 2016: S&P DOWNGRADES TWO DETENTION CENTERS CITING NEW FEDERAL POLICY
S&P Global Ratings downgraded to junk $172 million of bonds for two private immigration detention centers after two federal agencies announced initiatives to end or reduce use of such facilities. ... more info

21 Sep 2016: SPUTTERING NEBRASKA ARENA VENTURE GETS JUNKED
Ralston, Nebraska’s general obligation arena bonds were dropped seven notches to junk by S&P Global Ratings after the project has struggled to produce the revenue needed to repay the debt. ... more info

21 Sep 2016: MINN. CONGRESSIONAL DELEGATION UPSET OVER POLITICAL SUBDIVISION RULES
The Internal Revenue Service’s proposed definition of a political subdivision could jeopardize the tax-exempt bonds of many public entities in Minnesota, the state’s congressional delegation recently told the agency and the Treasury Department. ... more info

21 Sep 2016: MUNIS WEAKEN AS MARKET ENTERS FED WATCH MODE
Top-shelf municipal bonds were weaker at mid-session, traders said, as the market moved into a quiet, defensive mode ahead the Federal Open Market Committee's announcement on interest rates this afternoon. ... more info

21 Sep 2016: WITH BUOYANT TRAFFIC, DEAL FUELS ORLANDO AIRPORT CAPITAL PLAN
With passenger levels continuing to exceed expectations, the Greater Orlando Aviation Authority plans to issue $189.4 million of airport revenue bonds for its capital improvement and expansion plans at Orlando International Airport. ... more info

20 Sep 2016: TEXAS WATER DEAL OVERSUBSCRIBED; MUNIS FLAT
Top-quality municipal bonds ended unchanged Tuesday as more supply hit the screens on a busy day, led by the warmly received Texas Water Development Board deal. The Federal Open Market Committee began its two-day monetary policy meeting, keeping Tuesday’s trading subdued. ... more info

20 Sep 2016: RALSTON, NEB., ARENA BONDS SLASHED TO BB BY S&P
S&P Global Ratings said it lowered its underlying rating on Ralston, Neb.'s series 2011A, 2011B, 2012A, and 2012B general obligation (GO) arena bonds seven notches to BB from A-plus. ... more info

20 Sep 2016: NEW AUTHORITY HOPES TO SELL BP-BACKED BONDS IN TWO MONTHS
A new authority set up by the Alabama Legislature to sell bonds backed by a BP oil spill settlement hopes to issue the bonds in about two months, officials said today. ... more info

20 Sep 2016: MUNIS FLAT AS MORE ISSUANCE HITS THE MARKET
Top-quality municipal bonds were unchanged at mid-session, according to traders as more supply hit the screens, led by the Texas Water Development Board deal ... more info

19 Sep 2016: SAN FRANCISCO PUTS HOUSING BONDS TO WORK AGAINST HOMELESSNESS
Voter-approved bonds are providing loan money to support the creation of affordable rental homes for San Francisco’s low-income and homeless families and seniors. ... more info

19 Sep 2016: WITH REVENUES SLUMPING, OKLAHOMA BORROWS FOR TRANSPORTATION
Caught in a severe fiscal crisis after energy prices collapsed, Oklahoma is offering $181 million of revenue bonds to keep its highway construction program moving. ... more info

19 Sep 2016: HOW $75M IN BOND MONEY WAS ONLY $50M
The Rhode Island Economic Development Corporation sold $75 million in bonds in 2010 to help Curt Schilling's video-game company relocate to Rhode Island and develop an online game. ... more info

16 Sep 2016: MONEY MARKET FUND MUNI HOLDINGS FALLING FAST
Money market mutual funds’ holdings of municipal bonds fell by nearly $42 billion dollars between the second quarter of this year and the same period last year, a change that is partially the result of soon-to-become-effective rule changes from the Securities and Exchange Commission. ... more info

16 Sep 2016: MUNIS MIXED AHEAD OF $8.5B NEW ISSUE CALENDAR
Top quality municipal bonds were mixed at mid-session, according to traders who were eying next week’s $8.5 billion new issue slate. Ipreo estimates next week’s bond volume at $8.45 billion, down from $11.31 billion this week, according to revised data from Thomson Reuters. ... more info

15 Sep 2016: BONDS FEATURE IN HOUSTON MAYOR'S PENSION PROPOSAL
Houston Mayor Sylvester Turner wants to issue $1 billion of bonds as part of a comprehensive 30-year plan to rein in the city’s ballooning pension liabilities. ... more info

15 Sep 2016: S.F. AIRPORT FLIES INTO MARKET AS MUNIS WEAKEN
Top-shelf municipal bonds ended weaker on Thursday, according to traders, who saw the last of the week's big deals come to market, headlined by a large sale from the San Francisco Airport Commission. ... more info

15 Sep 2016: MORE RATING UNCERTAINTY OVER DETROIT SCHOOLS' STATE-AID BONDS
The unclear future of Detroit Public Schools state-aid backed bonds, plus governance and tax collection issues following the district's restructuring, prompted Moody's Investors Service to shift its outlook to "developing" from "negative." ... more info

15 Sep 2016: COUNCIL APPROVES ISSUANCE OF BONDS FOR APARTMENT REHAB
A real estate and investment firm was given the okay Tuesday night to seek state tax-exempt bonds for the acquisition and rehabilitation of the Harbor Park Apartments. ... more info

14 Sep 2016: ANOTHER DOWNGRADE FOR A TROUBLED INDIANA P3
The already junk-rated bonds of a P3 highway project in Indiana received a downgrade from another rating agency as payment disputes among contractors reached a new level. ... more info

14 Sep 2016: BROOKINGS STADIUM STUDY DRAWS CRITICISMS
A Brookings Institution study claiming professional sports stadiums built or renovated with tax-exempt bonds during the last 16 years have cost the federal government $3.7 billion has drawn some criticism from a sports consultant and municipal market participants. ... more info

14 Sep 2016: HAWAII GETS MOODY'S RATING BOOST
Hawaii received a second upgrade from a major rating agency ahead of plans to issue $757 million in general obligation bonds as Moody’s Investors Service upgraded the state’s GO bonds to Aa1. ... more info

14 Sep 2016: N.Y. MTA'S HUDSON YARDS DEAL PRICES; MUNIS MIXED
Top-quality municipal bonds finished mixed on Wednesday, traders said, as two big New York issues came to market. Goldman Sachs priced the New York Metropolitan Transportation Authority's $1.06 billion Hudson Rail Yards deal while Ramirez & Co. priced the New York City Transitional Finance Authority's $800 million sale. ... more info

14 Sep 2016: YANKEE STADIUM BONDS UPGRADED TO BAA1 BY MOODY'S
Moody's Investors Service said it has upgraded Yankee Stadium LLC's rating to Baa1 from Baa2, affecting about $1.2 billion of rated debt outstanding. ... more info

14 Sep 2016: HOSPITAL BOND ISSUE BALLOT QUESTION APPROVED
With the adoption of an election proclamation during a special meeting Friday, Lincoln County commissioners set the stage for voters to decide in the Nov. 8 general election if they want to approve $25 million of general obligation bonds to build a new county hospital in Ruidoso. ... more info

14 Sep 2016: DETROIT SCHOOLS' STATE AID BONDS JUNK RATING DEEPENS
Detroit Public Schools' $212 million of state aid-backed bonds slipped two to three notches further into junk territory over uncertainty tied to the bonds' security after a restructuring of the school district. ... more info

13 Sep 2016: TREASURY 30-YEAR BONDS GO AT 2.475% HIGH YIELD
The Treasury Department Tuesday auctioned $12 billion of 29-year 11-month bonds with a 2.25% coupon at a 2.475% high yield, a price of 95.262459. ... more info

13 Sep 2016: MUNIS WEAKEN AS NEW SUPPLY FLOODS MARKET
Top-rated municipal bonds were weaker with Treasuries on Tuesday, according to traders, as the first big wave of supply hit the screens, just part of the over $11 billion in new issues slated for sale this week. ... more info

13 Sep 2016: NEW JERSEY CALLS DO-OVER ON MEGA MALL DEBT AUTHORIZATION VOTE
A New Jersey agency has scheduled a new vote on granting $1.2 billion of tax-exempt bonds to the developer of American Dream, the unfinished mega mall in the Meadowlands, after a non-profit group threatened to file a law suit to block the sale. ... more info

13 Sep 2016: AMP OHIO LANDS UPGRADE AHEAD OF ISSUE
Ohio-based American Municipal Power Inc. received a one-notch upgrade from Moody’s Investors Service as it prepares to come to market with a $206 million issue that includes designated “green” bonds. ... more info

13 Sep 2016: DETROIT SCHOOL 2011, 2012 GOS DOWNGRADED BY S&P
S&P Global Ratings said it lowered its rating on Detroit Public Schools (DPS), Mich.'s series 2011 and 2012 bonds secured by state school aid and a limited tax general obligation (GO) pledge to B from BB and BB-minus, respectively. ... more info

13 Sep 2016: FITCH UPGRADES ONTARIO AIRPORT BOND OUTLOOK
Fitch Ratings said Monday, Sept. 12 that it has revised its outlook for Ontario International Airport bonds from negative to stable, based on better passenger traffic and a healthy financial profile for the Inland facility. ... more info

13 Sep 2016: MUNIS WEAKEN AS NEW SUPPLY COMES TO MARKET
Top-rated municipal bonds were weaker at midday, according to traders, as the first big wave of supply hit the screens on Tuesday, just part of the over $11 billion in new issues slated for sale this week. ... more info

13 Sep 2016: IHCC BOARD APPROVES BOND ELECTION
OTTUMWA, Iowa - The Indian Hills Community College Board of Directors on Monday approved a resolution calling for a special election to determine if the college should issue bonds in the amount of $36 million for improvements to its infrastructure. The election is set for Tuesday, December 6, 2016. ... more info

13 Sep 2016: HAWAII GOS RAISED TO AA-PLUS BY S&P
S&P Global Ratings said it raised to AA-plus from AA its long-term rating and underlying rating (SPUR) on Hawaii's general obligation bonds and to AA from AA-minus its long-term rating on the state's certificates of participation. ... more info

13 Sep 2016: NEW MEXICO ON MOODY'S REVIEW FOR DOWNGRADE
Moody's Investors Service said it has placed under review for possible downgrade the Aaa rating of the state of New Mexico's general obligation bonds, affecting $327 million in outstanding debt. ... more info

12 Sep 2016: MARKET EXTRA: WHY STOCKS AND BOND YIELDS AREN’T MOVING IN TANDEM
After Friday’s market tantrum, should investors worry about losing money on both stocks and bonds?
... more info

12 Sep 2016: MUNIS WEAKEN AHEAD OF $11.4B NEW ISSUE SLATE
Top-shelf municipal bonds ended weaker on Monday, traders said, as the market prepared for this week’s hefty $11.4 billion new issue calendar, headlined by two $1 billion-plus deals from New York issuers. ... more info

12 Sep 2016: MUNIS WEAKEN AHEAD OF $11.4B NEW ISSUE SLATE
Top-shelf municipal bonds were weaker at mid-session, traders said, as the market prepares for a hefty $11.4 billion new issue calendar this week, headlined by two $1 billion-plus deals from New York issuers. ... more info

12 Sep 2016: MUNI MINUTE: NEW YORK, NEW YORK: SO NICE IT’S COMING TWICE
In the latest installment of Muni Minute – The Bond Buyer's 60-second video series that examines a top municipal market story that will have an impact in the coming week – we examine the largest deals of the upcoming $11.4 billion weekly calendar, both from the Empire State: the MTA’s $1.06 billion of Hudson Rail Yards trust obligation and NYC TFA’s $1.05 billion of negotiated and competitive sales. Also in the Big Apple, a hearing is set for Thursday on a plan to refinance more than $1 billion of bonds originally for the construction of the new Yankee Stadium. ... more info

9 Sep 2016: BROOKINGS: BOND-FINANCED PROFESSIONAL SPORTS STADIUMS COST FEDS $3.7B
Professional sports stadiums built or significantly renovated with the help of tax-exempt bonds since 2000 have cost the federal government a total of $3.7 billion, according to a study released by the Brookings Institution. ... more info

9 Sep 2016: JEFFERIES COMPLETES $293.26M N.Y. TOBACCO DEAL AMID HEALTHY DEMAND
Jefferies said it received good demand for the $292.26 million of tobacco settlement pass-through bonds it priced for the New York Counties Tobacco Trust VI. ... more info

9 Sep 2016: TRUSTEE AGREES TO $1.6M SETTLEMENT IN BROGDON-RELATED CASE
The Securities and Exchange Commission on Friday announced that a subsidiary of BOK Financial Corp. that served as indenture trustee and dissemination agent for municipal conduit bonds previously tied to securities fraud has agreed to pay more than $1.6 million to settle charges that it helped to conceal numerous problems and red flags from investors in the securities. ... more info

9 Sep 2016: MUNIS WEAKEN AHEAD OF $11.4B CALENDAR
Top-shelf municipal bonds were weaker at midday, according to traders who said yields on some maturities were as many as five basis points higher. This is ahead of an estimated almost $11.5 billion of new issuance expected to hit screens next week. ... more info

9 Sep 2016: KANDIYOHI COUNTY MULLS FINANCING OPTIONS FOR BROADBAND PROJECT
WILLMAR -- Kandiyohi County will likely issue bonds to cover its matching share of a state grant being sought to improve broadband services in unserved and underserved rural areas of the county. ... more info

9 Sep 2016: STOKES DELAYS VOTE ON PORT COVINGTON FINANCING
A City Council committee unexpectedly stopped short Thursday night of approving $660 million in bonds for the Port Covington development, hours after the developer announced a $100 million community benefits agreement with city officials and activists. ... more info

8 Sep 2016: MUNIS WEAKER AS DASNY SELLS; TOBACCO DEAL REDUCED
Top-rated municipal bonds finished weaker on Thursday, as the last of the week’s large muni deals came to market, led by competitive offerings from the Dormitory Authority of the State of New York. ... more info

8 Sep 2016: GFOA, NABL PUBLISH GUIDANCE ON POST-ISSUANCE TAX COMPLIANCE
The Government Finance Officers Association and the National Association of Bond Lawyers on Thursday each issued guidance to issuers and counsel on how to comply with tax-exempt bond rules after the issuance of tax-advantaged bonds. ... more info

8 Sep 2016: COUNTY BRIDGE AMONG PROJECTS TO GET BOND FUNDING
The state Council of Bond Oversight recently approved the sale of $200 million in bonds for use on 18 projects that are part of the Oklahoma Department of Transportation's 8-Year Plan, and one of those projects is located in Rogers County. ... more info

7 Sep 2016: TTC DEAL POSTPONED UNTIL OCT.; MUNIS MIXED
Top-quality municipal bonds were steady to stronger at mid-session, traders said, as the first of the week's $5.5 billion of new supply started to come to market. ... more info

7 Sep 2016: LSU DEAL FUELS $575M BATON ROUGE CAMPUS P3
Louisiana State University is bringing its first financing for a $575 million housing and retail privatization, a move that triggered downgrades of the university's outstanding bonds. ... more info

7 Sep 2016: WEST CLARK BONDS MUST GO TO VOTE
CLARK COUNTY, Ind. -- Enough signatures were garnered by petitioners to force West Clark Community Schools to take its $62.9 million bond issuance to the voters. ... more info

6 Sep 2016: N.Y. CITY TFA TO SELL $1B IN SEPTEMBER
The New York City Transitional Finance Authority intends to sell roughly $1 billion of future tax-secured subordinate bonds later this month. ... more info

6 Sep 2016: MUNIS END STRONGER AHEAD OF $5.5B SLATE
Top-rated municipal bonds finished stronger Tuesday, according to traders, who will see the first deals on the week's $5.5 billion new issue calendar hit the market on Wednesday. ... more info

6 Sep 2016: BILL IN SENATE WOULD BOOST TRIBES' ABILITY TO ISSUE BONDS
A bill introduced in the Senate by Republicans would put Indian tribal governments more on a par with state and local governments for bond financings, giving them better access to capital to support infrastructure and local economic development. ... more info

6 Sep 2016: MUNIS MOSTLY FLAT AHEAD OF $5.5B CALENDAR
Top-rated municipal bonds were mostly unchanged at mid-session, according to traders, as yields at the 2017 maturity and back end of the curve were steady although several yields in-between were as many as four basis points higher ahead of this week's $5.5 billion new issue calendar. ... more info

3 Sep 2016: MUTUAL FUNDS WEEKLY: YOU DON’T HAVE TO WORK SO HARD TO INVEST SUCCESSFULLY
Put simply, simpler is better when it comes to stocks and bonds.
... more info

2 Sep 2016: CONNECTICUT SPECIAL TAX OBLIGATION BONDS DOWNGRADED
Fitch downgraded Connecticut's outstanding special tax obligation bonds to AA-minus from AA, citing its revised U.S. tax-supported rating criteria. ... more info

2 Sep 2016: INDIANAPOLIS WASTEWATER UTILITY BRINGS GREEN BOND DEBUT
The utility serving Indianapolis and Marion County is headed into the market with $234 million of wastewater revenue bonds -- including debt it will designate as green bonds. ... more info

2 Sep 2016: MUNI TRADERS SET FOR LONG WEEKEND, $5.5B CALENDAR
Top-shelf municipal bonds were little changed at mid-session, according to traders, who are eying next week's holiday-shortened new issue calendar. ... more info

1 Sep 2016: MUNIS END MIXED AS LAST BIG DEAL OF WEEK SELLS
Top-quality municipal bonds ended mixed on Thursday, according to traders, as the last big deal of the week came to market. Activity was subdued ahead of Friday's unemployment report for August and the long holiday weekend. ... more info

1 Sep 2016: 'SEC HAS GOTTEN IT ALL WRONG,' SAYS ATTORNEY AS FEDERAL CASE AGAINST MIAMI OPENS
The Securities and Exchange Commission kicked off a long-awaited civil trial against the city of Miami Monday, arguing to a federal jury that city officials used illegal money transfers to hide gaping financial problems and sell $150 million in risky bonds to unwitting investors in the late 2000s. ... more info

1 Sep 2016: CALIFORNIA REFUNDING: ALMOST A HALF-BILLION SAVED
California achieved $494.5 million in present value savings when it refunded $2.04 billion of state general obligation bonds, said Treasurer John Chiang. ... more info



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