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23 Aug 2016: MUNIS END FLAT AS NEW SUPPLY HITS MARKET
Top-rated municipal bonds finished unchanged, traders said, as the first of the week’s $8.84 billion of bond supply started to hit the market on Tuesday. ... more info

23 Aug 2016: TRIAL DATE JAN. 9 FOR RAMAPO, N.Y. OFFICIALS IN CRIMINAL CASE
A criminal case alleging two Ramapo, N.Y. officials misled investors and credit rating agencies in connection with municipal bonds would go to trial on Jan. 9 under the timeline the federal judge has put forth for the proceedings. ... more info

23 Aug 2016: NEW MONEY SPURS VOLUME IN MIDWEST
The issuers of the Midwest sold $41 billion of municipal bonds in the first half of 2016, spurred by increased new money issuance, according to Thomson Reuters data. ... more info

23 Aug 2016: MUNIS FLAT AS NEW SUPPLY HITS THE MARKET
Top-rated municipal bonds were unchanged at mid-session, traders said, as the first of the week's $8.84 billion of bond supply started to hit the market on Tuesday. ... more info

22 Aug 2016: FITCH DROPS VIRGIN ISLANDS BONDS TO JUNK
U.S. Virgin Islands’ bond ratings were cut to junk level by Fitch Ratings, which cited the territory’s unbalanced budget, rising debt burden and unfunded pension liabilities. ... more info

22 Aug 2016: FITCH DROPS VIRGIN ISLAND BONDS TO JUNK
U.S. Virgin Islands’ bond ratings were cut to junk level by Fitch Ratings, which cited the territory’s unbalanced budget, rising debt burden and unfunded pension liabilities. ... more info

22 Aug 2016: AHEAD OF CHUNKY CALENDAR, MUNIS END MOSTLY STRONGER
Top-rated municipal bonds finished stronger on the long end on Monday in light activity, according to traders, ahead of a beefy new issue supply slate, which will start hitting the market on Tuesday. ... more info

22 Aug 2016: PORT AUTHORITY ISSUES BONDS FOR LAKE HEALTH WELLNESS CENTER
Tim Cahill called it a "benchmark day" for the Lake County Ohio Port & Economic Development Authority and a culmination of work that was started back in November. ... more info

22 Aug 2016: MUNI MINUTE: A MIDWEST TRIPLE TREAT
In the latest installment of Muni Minute – The Bond Buyer's 60-second video series that examines a top municipal market story that will impact the coming week – we take a look at what's happening in the Midwest as the Chicago Public Schools gets set to OK up to $1 billion of bonds, the state of Illinois prepares to competitively sell $573 million of sales tax bonds and the city of Chicago prepares for a return to the market in the third quarter. ... more info

22 Aug 2016: MUNIS STEADY AHEAD OF $8.8B NEW ISSUE SLATE
Top-rated municipal bonds were unchanged at mid-session, according to traders, ahead of a hefty $8.84 billion new issue calendar that will start hitting the market on Tuesday. ... more info

22 Aug 2016: SOUTHWEST ISSUERS CLOSE TO LAST YEAR'S RECORD PACE
Issuers in the Southwest sold $42.85 billion of bonds in the first half of 2016, only 0.6% behind the record pace of the same period last year, according to Thomson Reuters data. ... more info

22 Aug 2016: $18.5M FROM BONDS TABBED FOR WESTMORELAND COUNTY PROJECTS
The Jeannette Glass site and Westmoreland Manor will benefit from $18.5 million the Westmoreland County commissioners agreed to borrow this week. ... more info

22 Aug 2016: MUNICIPAL UTILITY DISTRICTS IN TEXAS HAVE SWEEPING POWER TO SELL BONDS
MUD 187 came to be when a Houston developer arranged for two people to move their trailer onto a 519-acre site on the edge of Richmond in Fort Bend County, which at the time was an empty field. ... more info

19 Aug 2016: BROWN SIGNS BILL TO INCREASE OVERSIGHT OF CALIFORNIA LOCAL SCHOOL BONDS
California Gov. Jerry Brown signs bill that would require school districts to consider county assessors' property valuations in projections on property tax base growth before issuing general obligation bonds. ... more info

19 Aug 2016: FEDERAL ACTION ON PRIVATE PRISONS LEAVES MOST BONDS UNTOUCHED
The federal Bureau of Prisons' phase out of private prisons has only a small effect on the municipal bond-financed private lockup sector, leaving bond-financed immigration detention centers untouched. ... more info

19 Aug 2016: NORTHEAST VOLUME INCHED UP IN THE FIRST HALF
Northeast issuers sold $57.4 billion of municipal bonds in the first half of 2016, a 3% increase from the first six months of 2015, according to Thomson Reuters data. ... more info

18 Aug 2016: JACKSON, MISS., GETS TWO-NOTCH DOWNGRADE
Jackson, Miss.'s general obligation, water and sewer, and special obligation bonds were all cut several notches by Moody's Investors Service, which cited multiple years of structural budget imbalance. ... more info

18 Aug 2016: NORTHERN ILLINOIS AGENCY SETS REFUNDING OF PRAIRIE STATE BONDS
An Illinois-based joint power agency heads into the market to refund $250 million of debt tied to the controversial coal-fired Prairie State Energy Campus. ... more info

18 Aug 2016: WAYNE STATE UNIVERSITY EYES BONDS FOR BUSINESS SCHOOL
Michigan's Wayne State University expects to return to the bond market to raise up to $14 million for the new business school for which it broke ground last month. ... more info

18 Aug 2016: GILCREST-BASED VALLEY RE-1 SCHOOL DISTRICT TO PURSUE BONDS
Months of work and years of reflection culminated Wednesday night with the Valley Re-1 School District, Colo., Board of Education's unanimous vote to pursue a $62 million bond issue in November. ... more info

18 Aug 2016: FREMONT: UNIONS TO GET 95% OF SCHOOL BOND WORK
Almost all remaining construction projects at Fremont school facilities funded with voter-approved bonds must be done by companies that use union workers. ... more info

18 Aug 2016: CITY OKS REVENUE BONDS FOR SENIOR LIVING PROJECT
The Garden City, Kan., Commission on Tuesday adopted a resolution of intent to issue $20 million in Industrial Revenue Bonds for phase one of the Ranch House Senior Living development, a senior housing complex at 2802 N. Campus Drive. ... more info

18 Aug 2016: MILLIONS IN CAPITAL BONDS UNSPENT, OFFICIALS SAY
About $144 million for local roads, 911 communications, school athletic fields and dozens of other government-funded construction projects is unspent, officials told the Senate Finance Committee this week. ... more info

17 Aug 2016: HONOLULU SAYS ALOHA TO MARKET AS MUNIS STAY FLAT
Top-quality municipal bonds ended steady to stronger on Wednesday, traders said, as they welcomed a $428 million deal that came to market from an issuer in the Aloha State. ... more info

17 Aug 2016: BARD COLLEGE, N.Y., DOWNGRADED TO B1 BY MOODY'S
Bard College in New York's Dutchess County was moved further into junk territory Wednesday after Moody's Investors Service downgraded the school's revenue bonds one notch to B1 with a negative outlook citing increased debt levels. ... more info

17 Aug 2016: MUNI FLAT AS HONOLULU SAYS ALOHA TO MARKET
Top-quality municipal bonds were steady at mid-session, traders said, as they eye a large deal that came to market from an issuer in the Aloha State. ... more info

17 Aug 2016: WHY PENSIONS BEAT BONDS IN BANKRUPTCY COURT
Bondholders' poor recovery relative to pensioners in Detroit was typical of municipal bankruptcies, as protecting the workforce has outweighed debt repayment in courtrooms across the nation. ... more info

16 Aug 2016: L.A. COUNTY ADVANCES PUBLIC-PRIVATE BUILDING PROJECT
Los Angeles County has given the greenlight to a public-private project for a $270 million office building for its Department of Mental Health anchored by tax-exempt bonds. ... more info

16 Aug 2016: DOWNGRADE HITS $3.8 BILLION OF HEALTHCARE BONDS
Providence Health & Services took a one-notch downgrade from Fitch Ratings, ahead of a planned &803 million revenue bond deal for Providence St. Joseph Health. ... more info

16 Aug 2016: HOW JERSEY MALL BONDS DAMAGE ARGUMENT FOR TAX-EXEMPTION
An $800 million bond sale to finance New Jersey's American Dream retail development could provide fuel for critics of the municipal bond tax exemption, according to Municipal Market Analytics. ... more info

16 Aug 2016: WHY RETAIL WANTS SUB-5% COUPON BONDS
Lately coupons of 4% – and in some cases even lower – are becoming more palatable to retail buyers because they decrease individual investors' dollar price when they purchase a new issue, strategists said. ... more info

18 Aug 2016: JACKSON, MISS., GETS TWO-NOTCH DOWNGRADE
Jackson, Miss.'s general obligation, water and sewer, and special obligation bonds were all cut several notches by Moody's Investors Service, which cited multiple years of structural budget imbalance. ... more info

18 Aug 2016: NORTHERN ILLINOIS AGENCY SETS REFUNDING OF PRAIRIE STATE BONDS
An Illinois-based joint power agency heads into the market to refund $250 million of debt tied to the controversial coal-fired Prairie State Energy Campus. ... more info

18 Aug 2016: WAYNE STATE UNIVERSITY EYES BONDS FOR BUSINESS SCHOOL
Michigan's Wayne State University expects to return to the bond market to raise up to $14 million for the new business school for which it broke ground last month. ... more info

18 Aug 2016: GILCREST-BASED VALLEY RE-1 SCHOOL DISTRICT TO PURSUE BONDS
Months of work and years of reflection culminated Wednesday night with the Valley Re-1 School District, Colo., Board of Education's unanimous vote to pursue a $62 million bond issue in November. ... more info

18 Aug 2016: FREMONT: UNIONS TO GET 95% OF SCHOOL BOND WORK
Almost all remaining construction projects at Fremont school facilities funded with voter-approved bonds must be done by companies that use union workers. ... more info

18 Aug 2016: CITY OKS REVENUE BONDS FOR SENIOR LIVING PROJECT
The Garden City, Kan., Commission on Tuesday adopted a resolution of intent to issue $20 million in Industrial Revenue Bonds for phase one of the Ranch House Senior Living development, a senior housing complex at 2802 N. Campus Drive. ... more info

18 Aug 2016: MILLIONS IN CAPITAL BONDS UNSPENT, OFFICIALS SAY
About $144 million for local roads, 911 communications, school athletic fields and dozens of other government-funded construction projects is unspent, officials told the Senate Finance Committee this week. ... more info

17 Aug 2016: HOW JUNK BONDS CAN LOOK ATTRACTIVE AND SCARY AT THE SAME TIME
How can high-yield corporate bonds simultaneously look historically expensive, yet also attractive? In the world of ultralow rates, investors are being forced to wrestle with some conundrums. ... more info

17 Aug 2016: HONOLULU SAYS ALOHA TO MARKET AS MUNIS STAY FLAT
Top-quality municipal bonds ended steady to stronger on Wednesday, traders said, as they welcomed a $428 million deal that came to market from an issuer in the Aloha State. ... more info

17 Aug 2016: BARD COLLEGE, N.Y., DOWNGRADED TO B1 BY MOODY'S
Bard College in New York's Dutchess County was moved further into junk territory Wednesday after Moody's Investors Service downgraded the school's revenue bonds one notch to B1 with a negative outlook citing increased debt levels. ... more info

17 Aug 2016: MUNI FLAT AS HONOLULU SAYS ALOHA TO MARKET
Top-quality municipal bonds were steady at mid-session, traders said, as they eye a large deal that came to market from an issuer in the Aloha State. ... more info

17 Aug 2016: WHY PENSIONS BEAT BONDS IN BANKRUPTCY COURT
Bondholders' poor recovery relative to pensioners in Detroit was typical of municipal bankruptcies, as protecting the workforce has outweighed debt repayment in courtrooms across the nation. ... more info

16 Aug 2016: L.A. COUNTY ADVANCES PUBLIC-PRIVATE BUILDING PROJECT
Los Angeles County has given the greenlight to a public-private project for a $270 million office building for its Department of Mental Health anchored by tax-exempt bonds. ... more info

16 Aug 2016: DOWNGRADE HITS $3.8 BILLION OF HEALTHCARE BONDS
Providence Health & Services took a one-notch downgrade from Fitch Ratings, ahead of a planned &803 million revenue bond deal for Providence St. Joseph Health. ... more info

16 Aug 2016: HOW JERSEY MALL BONDS DAMAGE ARGUMENT FOR TAX-EXEMPTION
An $800 million bond sale to finance New Jersey's American Dream retail development could provide fuel for critics of the municipal bond tax exemption, according to Municipal Market Analytics. ... more info

16 Aug 2016: WHY RETAIL WANTS SUB-5% COUPON BONDS
Lately coupons of 4% – and in some cases even lower – are becoming more palatable to retail buyers because they decrease individual investors' dollar price when they purchase a new issue, strategists said. ... more info

15 Aug 2016: MUNIS STEADY AHEAD OF $5.3B NEW ISSUE CALENDAR
Top-quality municipal bonds finished flat on Monday, according to traders, as the market was prepping to see a calendar consisting of about $5.30 billion of new deals. ... more info

15 Aug 2016: MUNIS FLAT AHEAD OF $5.3B NEW ISSUE CALENDAR
Top-quality municipal bonds were unchanged at mid-session, according to traders, as the market was set to see a calendar consisting of about $5.30 billion of new deals hit the screens this week. ... more info

15 Aug 2016: COMMISSION APPROVES BONDS
The Monongalia County, W.Va., Commission approved term sheets from First United Bank & Trust and MVB Bank Inc. for the purchase of a new series of bonds relating to the Development District No. 4, also known as the University Town Centre TIF district. ... more info

12 Aug 2016: BARCLAYS BONDS BOUNCE BACK INTO MARKET IN $5.3B WEEK
While at first glance the upcoming calendar doesn’t look to be very large, but it does however offer a little something for everybody and the largest deal of the week includes something that everyone has been looking for: yield. ... more info

12 Aug 2016: MUNIS STRENGTHEN AHEAD OF NEXT WEEK'S $5.3B CALENDAR
Top-rated municipal bonds were stronger at mid-session, according to traders, with yields on most maturities falling by as much as four basis points. Treasuries also strengthened after the release of weaker-than-expected economic data. ... more info

12 Aug 2016: HEDGE FUNDS PRESS BANCO POPULAR FOR PUERTO RICO DEPOSITS
Hedge funds that own Puerto Rico bonds are putting pressure on Banco Popular over commonwealth funds deposited at the bank that they say should go to them. ... more info

12 Aug 2016: MUNIS STRENGTHEN AS TREASURIES SURGE ON WEAK DATA
Top-rated municipal bonds were stronger in early Friday activity, according to traders, with yields on most maturities falling by as much as two basis points. Treasuries also strengthened after the release of weaker-than-expected economic data. ... more info

11 Aug 2016: MUNIS FLAT AS LAST OF WEEK'S LARGE DEALS PRICE
Top-shelf municipal bonds were steady at mid-session, traders said, as the last of the week's big new issues were hitting the market on Thursday. ... more info

10 Aug 2016: BOND MARKETS: EVER MORE BIZARRE
The latest example of how long-term low rates are turning markets upside-down: German bonds that guarantee the investor will lose money—unless they can find someone else willing to pay more. ... more info

10 Aug 2016: MUNIS STRENGTHEN AS UNIV. OF CALIF. MED DEAL PRICES
Top quality municipal bonds finished stronger on Wednesday, according to traders, as the $1 billion University of California Medical Center deal came to market. ... more info

10 Aug 2016: MOODY'S ISSUES FIRST MUNI GREEN BOND ASSESSMENT IN U.S.
The Upper Mohawk Valley Regional Water Finance Authority received a green bond assessment of GB1 for $8.78 million of water system revenue bonds on Wednesday from Moody's Investors Service -- the first GBA the rating agency has issued in the U.S. ... more info

10 Aug 2016: GLOBAL MINISTRIES PROBE BY HUD PROMPTS CREDIT WATCH
Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation. ... more info

10 Aug 2016: MUNIS STRENGTHEN AS UNIV. OF CALIF. MED DEAL PRICES
Top quality municipal bonds were stronger at mid-session, according to traders, as the University of California Medical Center deal came to market. ... more info

9 Aug 2016: BANK OF ENGLAND BOND BUYING HITS EARLY SNAG
The Bank of England failed to buy as many government bonds as it wanted after it relaunched a multibillion pound bond-buying effort to stimulate the U.K. economy. ... more info

9 Aug 2016: LOS ANGELES CAO FIRES BACK AT CONTROLLER'S BOND AUDIT
An audit that accused Los Angeles of wasting millions of dollars in interest costs by issuing bonds too soon “over-simplified important factors,” said the head of the office in charge of the city’s bond issuance. ... more info

9 Aug 2016: SEQUESTRATION RATE IS 6.9% FOR DIRECT-PAY BONDS BEGINNING IN OCTOBER
The federal subsidy payments made to issuers of Build America Bonds and other direct-pay bonds will be cut by 6. 9% in fiscal 2017 under sequestration, the Internal Revenue Service recently announced. ... more info

8 Aug 2016: MARKET READY & WAITING FOR PA.'S $1.2B & MORE
Municipal bonds ended Monday a tad weaker, traders said, as the market waited for the week’s new issuance to start hitting screens on Tuesday. ... more info

8 Aug 2016: IPREO LAUNCHES NEW PLATFORM
Financial services technology provider Ipreo has launched a new municipal bond platform aimed at giving the company's customers a much more detailed look at how and to whom their bonds are selling. ... more info

5 Aug 2016: MOODY'S REVISES PENNSYLVANIA'S OUTLOOK TO STABLE FROM NEGATIVE
Moody's Investors Service has revised the Commonwealth of Pennsylvania's outlook to stable from negative. We have also affirmed the commonwealth's Aa3 general obligation rating, and the A1 and A2 ratings on various lease financings and appropriation bonds. ... more info

5 Aug 2016: MUNIS WEAKEN AFTER JOBS DATA, AHEAD OF $7.9B CALENDAR
Top-quality municipal bonds were weaker at mid-session, according to traders, who were watching Treasuries after the release of the July employment report. ... more info

5 Aug 2016: DE BLASIO ANNOUNCES $135M FOR APARTMENT RENOVATION
Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds. ... more info

5 Aug 2016: BANK OF ENGLAND CUTS KEY RATE TO NEW LOW
The Bank of England cut its benchmark interest rate to a new low and said it would buy government and corporate bonds as part of a broad package of measures to stimulate the U.K. economy in the wake of the Brexit vote. ... more info

5 Aug 2016: PAB ISSUANCE UP FOR SECOND STRAIGHT YEAR
Issuance of private activity bonds subject to state volume caps rose for the second consecutive year, according to an annual survey conducted by the Council of Development Finance Agencies. ... more info

4 Aug 2016: ILLINOIS STATE UNIVERSITY DEBT RATINGS LOWERED TO 'A' ON FISCAL UNCERTAINTY
-S&P Global Ratings lowered its long-term rating to 'A' from 'A+' on Illinois State University Board of Trustees' auxiliary facilities system (AFS) revenue bonds. ... more info

4 Aug 2016: STATE TOUTS LOW INTEREST RATES IN $500M BOND SALE
While three Wall Street agencies have downgraded Connecticut's credit rating this year, state treasurer Denise Nappier said the state secured record-low interest rates when it sold $500 million in bonds this week. ... more info

4 Aug 2016: MUNIS FINISH STRONGER AS MORE SUPPLY PRICES
Top shelf municipal bonds finished stronger on Thursday, traders said, with yields on some maturities falling by as much as four basis points while the last of the week’s big new issues came to market. ... more info

3 Aug 2016: A COUP, TERRORISTS AND INFLATION, YET INVESTORS RUSH TO TURKEY
Desperate for yield, big investors are scooping up stocks and bonds in nations like Turkey and Brazil, ignoring political and economic perils. ... more info

3 Aug 2016: HOW RETAIL DEMAND AFFECTED NYC'S $1.05B BOND SALE
Mom and pop investors veered from recent buying patterns on new issues and bought longer-maturity bonds in order to get higher yields on the New York City GO deal – even if it meant accepting lower coupons, according to a New York City underwriter involved in the deal. ... more info

3 Aug 2016: GROUP: RETHINK SUBSIDIZING STATES THROUGH TAX-EXEMPT BONDS
Instead of subsidizing state and local governments for using tax-exempt bonds, the federal government should increase direct spending programs for states, the Tax Foundation said in a report on tax expenditures. ... more info

3 Aug 2016: MUNIS STEADY TO WEAKER AS MORE SUPPLY HITS
Top quality municipal bonds were steady to weaker at mid-session, traders said, with yields on some maturities rising by as much as two basis points as more volume swept into the market. ... more info

2 Aug 2016: LIVE OAK UNIFIED SAVES $1 MILLION ON REFINANCED BONDS
The Live Oak Unified School District saved taxpayers nearly $1.2 million by refinancing $6.195 million in general obligation bonds, according to a press release from Superintendent Mathew Gulbrandsen. ... more info

2 Aug 2016: MUNIS WEAKEN AS ISSUERS RUSH TO MARKET
Top-shelf municipal bonds finished considerably weaker on Tuesday, traders said, with yields on some maturities rising by as much as four basis points. In the primary, it was one of the busiest days that traders had seen in a while as new deals aplenty hit the screens. ... more info

2 Aug 2016: JOPLIN COUNCIL ADVANCES BOND REQUEST
A proposal was advanced Monday night by the Joplin City Council to provide more than $83 million in industrial revenue bonds for the expansion of a pet food manufacturer. ... more info

2 Aug 2016: NEW HAVEN, CONN., DOWNGRADED TO BAA1 BY MOODY'S
Moody's Investors Service has assigned a Baa1 rating to the city of New Haven, Conn.'s $121.8 million general obligation bonds, issue of 2016, Series A. ... more info

1 Aug 2016: NO STRONG MAYOR OR BOND REFERENDUM FOR MIAMI IN NOVEMBER
Miami voters will consider several local issues when they head to the polls in November to choose a new president, but proposals to issue $275 million in general obligation bonds and create a "strong mayor" won't be among them. ... more info

1 Aug 2016: BOND SALES FURTHER DE BLASIO HOUSING GOALS
A “robust toolbox” of financing programs helped a New York agency sell $1.3 billion of bonds last year to help further the city's affordable housing thrust, said its chief. ... more info

1 Aug 2016: MUNIS WEAKEN AS RETAIL PONDERS NYC'S $800M DEAL
Munis were slightly weaker on Monday afternoon, as the two-day retail order period for New York City's $800 million of general obligation bonds continued. ... more info

28 Jul 2016: PRICING SHOWS STRONG DEMAND FOR DETROIT BONDS
Investor appetite for yield overcame any credit quality concerns buyers had as Detroit saw strong demand for its first post-bankruptcy general obligation/distributable state aid backed bond sale issue. ... more info

28 Jul 2016: BOND BUYER INDEXES MIXED
In the week ended July 28, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose one basis points to 3.80% from 3.79% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

28 Jul 2016: DETROIT HITS MARKET WITH $609M OF STATE-AID BONDS
Top shelf municipal bonds strengthened on Thursday, traders said, as big sales for Detroit and from Wisconsin topped activity in a market hungry for supply. Barclays priced the $608.9 million of Michigan Finance Authority taxable and tax-exempt state aid bonds for Detroit while RBC priced Wisconsin's $372 million of GO refunding bonds. ... more info

27 Jul 2016: DETROIT BONDS SET TO PRICE
Detroit, already facing headwinds with its first post-bankruptcy general obligation/distributable state aid backed sale, could suffer some spill due to the state’s disruption of a similar security on some of Detroit Public Schools' bonds, one municipal market participant suggested. ... more info

27 Jul 2016: N.Y. MTA EXPECTS TO SAVE $152M IN HUDSON YARDS SALE
New York MTA expects to save roughly $152 million in interest from its planned $1 billion sale of Hudson Yards lease securitization bonds, said CFO Robert Foran. ... more info

27 Jul 2016: GROUPS URGE GOP TO MAINTAIN MUNI EXEMPTION IN TAX PLAN
Abstract Municipal issuer, education and utility groups are urging Republican lawmakers to maintain the tax-exemption of municipal bonds in their blueprint for tax reform. ... more info

27 Jul 2016: USE OF $35M UP TO SANTA FE COUNTY VOTERS IN NOVEMBER
Santa Fe County, N.M., voters will have a chance Nov. 8 to approve up to $35 million in general obligation bonds to help pay for roadwork, wastewater projects, park improvements and community health facilities. ... more info

27 Jul 2016: VIRGIN ISLANDS WAPA REVS DOWNGRADED BY S&P
S&P Global Ratings said it has lowered its ratings on Virgin Islands Water and Power Authority's (WAPA) electric system revenue bonds, with the senior-lien debt dropping to BB-plus from BBB-minus, and the rating on the authority's subordinate-lien debt falling two notches to BB-minus from BB-plus. ... more info

26 Jul 2016: WHY THE TAX FOUNDATION REPORT ON MUNIS IS 'WOOLLY-HEADED'
Advocates for maintaining the tax-exempt status of municipal bonds tore apart a recent Tax Foundation report that says lawmakers should consider limiting, reforming or eliminating the muni exemption. ... more info

26 Jul 2016: WEST HAVEN CITY COUNCIL OKS DEFICIT FINANCING PLAN
WEST HAVEN -- The City Council, by an 8-1 vote, approved a deficit financing plan Monday night that will sell bonds to pay off the city's $16.3 million cumulative general fund unassigned fund balance deficit over 10 years. ... more info

26 Jul 2016: SCHOOL DISTRICT TO SAVE UP TO $250K WITH REFUNDING
The Laurel County, Ky., School District will soon be saving up to $250,000 in interest alone after approving the Laurel County Finance Corporation to issue a refund of revenue bonds from 2010. ... more info

25 Jul 2016: BADORF JOINS HJ SIMS AS SENIOR BOND TRADER
Lance Badorf has joined HJ Sims as Vice President of Fixed Income Trading, the company announced on Monday. He is a 15 year industry veteran who specializes in trading taxable and bank qualified municipal bonds. ... more info

25 Jul 2016: MUNIS END STEADY AHEAD OF $5.95B NEW ISSUE SLATE
Top-quality municipal bonds finished unchanged on Monday, traders said, ahead of a moderately sized supply calendar for the week, with volume estimated at around $5.95 billion. ... more info

25 Jul 2016: MUNIS STEADY AHEAD OF $5.95B NEW ISSUE SLATE
Top-quality municipal bonds were unchanged at mid-session, traders said, ahead of a moderately sized supply calendar for the week, with volume estimated at around $5.95 billion. ... more info

25 Jul 2016: CIVIC CENTER BOND DECISION POSTPONED
Holland City Council has delayed its decision on bonds for the Civic Center renovation and expansion as it awaits a decision from Tulip Time. ... more info

24 Jul 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

24 Jul 2016: DEEP DIVE: WHY IT STILL MAKES SENSE TO BUY STOCKS AND BONDS AT RECORD PRICES
Selling now would be akin to market timing, a money-losing lesson investors learned last year, says Phil van Doorn ... more info

22 Jul 2016: COFINA HOLDERS LAWYER TALKS ABOUT THE BONDS' PRESENT AND FUTURE
The lead attorney representing the interests of holders of COFINA senior bonds answered some questions about the bondholders’ goals and what is going on with the bonds. ... more info

22 Jul 2016: WHY REPORT SUGGESTS MUNI TAX EXCLUSION BE LIMITED OR ELIMINATED
Lawmakers should consider limiting, reforming or eliminating the exclusion of interest on municipal bonds, The Tax Foundation said in a report. ... more info

22 Jul 2016: MUNIS LITTLE CHANGED AHEAD OF NEXT WEEK'S $5.95B CALENDAR
Top-quality municipal bonds were steady to slightly weaker at mid-session, traders said as they went about finishing up their work ahead of the weekend, looking ahead to next week's calendar. ... more info

22 Jul 2016: BOND SALE TO PROVIDE $64 MILLION FOR LOCAL PROJECTS
A state board approved the sale of more than $60 million worth of bonds that will help pay for a new Lafourche Parish jail and upgrade the medical records system at Terrebonne General Medical Center. ... more info

22 Jul 2016: BOND ISSUE, RATING GREAT NEWS FOR LA CROSSE COUNTY
The La Crosse County Board got some good news Thursday about maintaining its stellar bond rating, and the timing of the news couldn't have been better, considering the county was poised to issue $32.4 million in general obligation bonds. And the county also got a great bid on those bonds, shaving $1.1 million off the costs of borrowing expected by the county's bond consultant. ... more info

21 Jul 2016: MUNIS MIXED WEAKEN AS LAST OF WEEK’S DEALS PRICE
Top-rated municipal bonds ended steady to weaker on Thursday, according to traders, as the last of the week’s big new issues came to market, topped by the sale of five competitive offerings from Columbus, Ohio. ... more info

21 Jul 2016: MUNIS WEAKEN AS LAST OF WEEK'S DEALS PRICE
Top-rated municipal bonds were weaker at mid-session, according to traders, as the last of the week's big new issues came to market, topped by the sale of four competitive offerings from Columbus, Ohio. ... more info

21 Jul 2016: TO SERVE & PROTECT: WHY MUNIS ARE ATTRACTIVE TO RETAIL
Liz Miller, President of Summit Place Financial Advisors, talks about what retail investors find attractive about municipal bonds in a low yield environment. She discusses muni performance so far this year and explains about what to expect in the second half. She also speaks to market volatility and where to find the best value in the muni market. ... more info

20 Jul 2016: HEDGE FUND GO HOLDERS SUE PUERTO RICO
Six hedge and investment funds holding Puerto Rico general obligation bonds sued Puerto Rico leaders Wednesday, seeking the government to use its money to pay GO bonds. ... more info

20 Jul 2016: N.Y. MTA'S $864M DEAL LEADS NEW ISSUE SURGE
Top-shelf municipal bonds finished steady to slightly weaker on Wednesday, traders said, as a second wave of new issuance swept over the market, led by an upsized deal from the New York Metropolitan Transportation Authority. ... more info

20 Jul 2016: BILL TO RAISE ISSUER LIMIT FOR BANK-QUALIFIED BONDS OFFERED IN SENATE
Two Senators have introduced a companion bill to a measure in the House that would permanently raise the annual issuer limit for issuers of bank-qualified bonds to $30 million from $10 million. ... more info

20 Jul 2016: DETROIT SCHOOL RESTRUCTURING AID, BONDS ADVANCE
A Michigan board has authorized key pieces of the $617 million restructuring of the Detroit Public Schools amid lingering market questions over the fate of the district's bonds. ... more info

20 Jul 2016: LEE COUNTY OFFICIALS TO MULL REFINANCING BONDS
TUPELO -- County officials are optimistically investigating whether significant savings could be had by refinancing a three-year old bond issue. ... more info

20 Jul 2016: MUNIS MIXED AS MARKET SEES MORE SUPPLY
Top-shelf municipal bonds were steady to slightly weaker at mid-session, traders said, as a second wave of new issuance swept over the market on Wednesday. ... more info

20 Jul 2016: KENTUCKY LAUNCHES BOND-BACKED JOB TRAINING PROGRAM
Kentucky plans to issue $100 million of bonds to support a workforce development training initiative seen as critical to better prepare people for jobs that match the needs of employers in the state. ... more info

20 Jul 2016: TWO PUERTO RICO AUTHORITIES DOWNGRADED TO D BY S&P
S&P Global Ratings said it has lowered its rating on certain Puerto Rico Public Buildings Authority's bonds, as well as on the Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority's series 2011A bonds, to D (default) from CC following a default on payment of debt service on July 1. ... more info

19 Jul 2016: WHY IRS DROPPED ITS CHALLENGE TO FLORIDA CDD BONDS
The Internal Revenue Service has closed audits and left the tax-exempt status unchanged for $311.28 million of community development district bonds in Florida that started the whole debate about political subdivisions and led the tax agency to propose controversial rules for such districts earlier this year. ... more info

19 Jul 2016: N.Y. MTA, MBTA, PORT OF SEATTLE SAIL INTO MARKET
Top quality municipal bonds finished flat on Tuesday, according to traders, as the first wave of new issuance swept into the market, led by issuers from New York, Massachusetts and Washington. ... more info

19 Jul 2016: PRESENCE HEALTH, SEEKING STABILITY, SETS $1B DEAL
Chicago-based Presence Health Network will issue nearly $1 billion of bonds next week in a sale designed to overhaul its debt portfolio and provide some breathing room to help stabilize its balance sheet. ... more info

19 Jul 2016: MUNIS FLAT AS N.Y. MTA, MBTA, PORT OF SEATTLE SELL BONDS
Top quality municipal bonds were unchanged at mid-session, according to traders, as the first wave of new issuance swept into the market, led by issuers from New York, Massachusetts and Washington. ... more info

22 Jul 2016: COFINA HOLDERS LAWYER TALKS ABOUT THE BONDS' PRESENT AND FUTURE
The lead attorney representing the interests of holders of COFINA senior bonds answered some questions about the bondholders’ goals and what is going on with the bonds. ... more info

22 Jul 2016: WHY REPORT SUGGESTS MUNI TAX EXCLUSION BE LIMITED OR ELIMINATED
Lawmakers should consider limiting, reforming or eliminating the exclusion of interest on municipal bonds, The Tax Foundation said in a report. ... more info

22 Jul 2016: MUNIS LITTLE CHANGED AHEAD OF NEXT WEEK'S $5.95B CALENDAR
Top-quality municipal bonds were steady to slightly weaker at mid-session, traders said as they went about finishing up their work ahead of the weekend, looking ahead to next week's calendar. ... more info

22 Jul 2016: BOND SALE TO PROVIDE $64 MILLION FOR LOCAL PROJECTS
A state board approved the sale of more than $60 million worth of bonds that will help pay for a new Lafourche Parish jail and upgrade the medical records system at Terrebonne General Medical Center. ... more info

22 Jul 2016: BOND ISSUE, RATING GREAT NEWS FOR LA CROSSE COUNTY
The La Crosse County Board got some good news Thursday about maintaining its stellar bond rating, and the timing of the news couldn't have been better, considering the county was poised to issue $32.4 million in general obligation bonds. And the county also got a great bid on those bonds, shaving $1.1 million off the costs of borrowing expected by the county's bond consultant. ... more info

21 Jul 2016: MUNIS MIXED WEAKEN AS LAST OF WEEK’S DEALS PRICE
Top-rated municipal bonds ended steady to weaker on Thursday, according to traders, as the last of the week’s big new issues came to market, topped by the sale of five competitive offerings from Columbus, Ohio. ... more info

21 Jul 2016: MUNIS WEAKEN AS LAST OF WEEK'S DEALS PRICE
Top-rated municipal bonds were weaker at mid-session, according to traders, as the last of the week's big new issues came to market, topped by the sale of four competitive offerings from Columbus, Ohio. ... more info

21 Jul 2016: TO SERVE & PROTECT: WHY MUNIS ARE ATTRACTIVE TO RETAIL
Liz Miller, President of Summit Place Financial Advisors, talks about what retail investors find attractive about municipal bonds in a low yield environment. She discusses muni performance so far this year and explains about what to expect in the second half. She also speaks to market volatility and where to find the best value in the muni market. ... more info

21 Jul 2016: TRADING STRATEGIES: BONDS WILL TELL YOU ALL YOU NEED TO KNOW ABOUT BANKS
Negative rates around the world are a sign of the headwinds faced by the global economy, and if a sector is lagging behind the others as much as European banks are, making a bet on them for a turnaround is a fool’s play.
... more info

20 Jul 2016: HEDGE FUND GO HOLDERS SUE PUERTO RICO
Six hedge and investment funds holding Puerto Rico general obligation bonds sued Puerto Rico leaders Wednesday, seeking the government to use its money to pay GO bonds. ... more info

20 Jul 2016: N.Y. MTA'S $864M DEAL LEADS NEW ISSUE SURGE
Top-shelf municipal bonds finished steady to slightly weaker on Wednesday, traders said, as a second wave of new issuance swept over the market, led by an upsized deal from the New York Metropolitan Transportation Authority. ... more info

20 Jul 2016: BILL TO RAISE ISSUER LIMIT FOR BANK-QUALIFIED BONDS OFFERED IN SENATE
Two Senators have introduced a companion bill to a measure in the House that would permanently raise the annual issuer limit for issuers of bank-qualified bonds to $30 million from $10 million. ... more info

20 Jul 2016: DETROIT SCHOOL RESTRUCTURING AID, BONDS ADVANCE
A Michigan board has authorized key pieces of the $617 million restructuring of the Detroit Public Schools amid lingering market questions over the fate of the district's bonds. ... more info

20 Jul 2016: LEE COUNTY OFFICIALS TO MULL REFINANCING BONDS
TUPELO -- County officials are optimistically investigating whether significant savings could be had by refinancing a three-year old bond issue. ... more info

20 Jul 2016: MUNIS MIXED AS MARKET SEES MORE SUPPLY
Top-shelf municipal bonds were steady to slightly weaker at mid-session, traders said, as a second wave of new issuance swept over the market on Wednesday. ... more info

20 Jul 2016: KENTUCKY LAUNCHES BOND-BACKED JOB TRAINING PROGRAM
Kentucky plans to issue $100 million of bonds to support a workforce development training initiative seen as critical to better prepare people for jobs that match the needs of employers in the state. ... more info

20 Jul 2016: TWO PUERTO RICO AUTHORITIES DOWNGRADED TO D BY S&P
S&P Global Ratings said it has lowered its rating on certain Puerto Rico Public Buildings Authority's bonds, as well as on the Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority's series 2011A bonds, to D (default) from CC following a default on payment of debt service on July 1. ... more info

19 Jul 2016: WHY IRS DROPPED ITS CHALLENGE TO FLORIDA CDD BONDS
The Internal Revenue Service has closed audits and left the tax-exempt status unchanged for $311.28 million of community development district bonds in Florida that started the whole debate about political subdivisions and led the tax agency to propose controversial rules for such districts earlier this year. ... more info

19 Jul 2016: N.Y. MTA, MBTA, PORT OF SEATTLE SAIL INTO MARKET
Top quality municipal bonds finished flat on Tuesday, according to traders, as the first wave of new issuance swept into the market, led by issuers from New York, Massachusetts and Washington. ... more info

19 Jul 2016: PRESENCE HEALTH, SEEKING STABILITY, SETS $1B DEAL
Chicago-based Presence Health Network will issue nearly $1 billion of bonds next week in a sale designed to overhaul its debt portfolio and provide some breathing room to help stabilize its balance sheet. ... more info

19 Jul 2016: MUNIS FLAT AS N.Y. MTA, MBTA, PORT OF SEATTLE SELL BONDS
Top quality municipal bonds were unchanged at mid-session, according to traders, as the first wave of new issuance swept into the market, led by issuers from New York, Massachusetts and Washington. ... more info

18 Jul 2016: QUIET AHEAD OF NEW SALES: MUNIS FINISH LITTLE CHANGED
Top quality municipal bonds finished steady to weaker on Monday, according to traders, who returned to work to see a week of varied new issues lined up on the calendar. ... more info

18 Jul 2016: BDA TO HOUSE REPUBLICANS: MAINTAIN MUNI EXEMPTION IN TAX PLAN
A repeal of the tax exemption for municipal bonds would cost state and local governments an additional $495 billion in interest over a ten-year period, Bond Dealers of America told Congress recently. ... more info

18 Jul 2016: SAN DIEGUITO UNION HIGH SCHOOL DISTRICT $62 MILLION BOND SALE A SUCCESS
San Dieguito Union High School District completed the sale of $62 million in general obligation bonds on June 28, the third issuance of the $449 million Prop AA approved by voters in 2012. ... more info

18 Jul 2016: MUNIS FLAT AHEAD OF NEW ISSUE SLATE
Top quality municipal bonds were steady at mid-session, according to traders, who returned to work to see a week of varied new issues lined up on the calendar. ... more info

18 Jul 2016: LIBERTY LAKE, AIRWAY HEIGHTS ASKING FOR BONDS TO BUILD RECREATION CENTERS
Residents of Airway Heights and Liberty Lake are voting on whether to pass a combined $25 million worth of construction bond measures to build swimming pools and other recreation facilities. ... more info

15 Jul 2016: SCHOOL BOARD PICKS UNDERWRITER FOR BOND SALE
After wrestling for months with the question of how to put $18 million in school bonds on the market, the Ruidoso school board decided this week on a "negotiated issuance" as most likely to produce the lowest interest rate and greatest flexibility. ... more info

15 Jul 2016: VALLEJO SCHOOL BOARD UNABLE TO PLACE BONDS ON NOVEMBER BALLOT
A level of shock and stillness was felt in the meeting hall Wednesday night after the Vallejo school board failed to place two companion general obligation bond measures on the November ballot. ... more info

15 Jul 2016: MUNIS WEAK AHEAD OF $6.7B SLATE
Top-rated municipal bonds were weaker at mid-session, traders said, ahead of a $6.7 billion new issue slate, marked by the postponement of what would have been the upcoming week's biggest sale. ... more info

14 Jul 2016: RENACCI TAX PLAN WOULD KEEP EXEMPTION FOR MUNIS
A tax reform plan released by Rep. Jim Renacci, R-Ohio, would replace the corporate income tax with a consumption tax and lower individual tax rates while maintaining the tax-exempt status of municipal bonds. ... more info

14 Jul 2016: MBTA TO SELL $344M OF BONDS IN 2 COMPETITIVE SALES
The Massachusetts Bay Transportation Authority will be coming to market on Tuesday with its first competitive deals in at least 15 years when it puts up for bid two sales tax and assessment refinancing transactions totaling about $344.2 million. ... more info

14 Jul 2016: DEFAZIO'S PROPOSED FINANCIAL TRANSACTION TAX WOULD APPLY TO MUNIS
Rep. Peter DeFazio’s bill to impose a 0.03% tax on secondary market trades of stocks, bonds and derivatives would include tax-exempt as well as corporate bonds, a spokeswoman for the Democrat from Oregon said on Thursday. ... more info

14 Jul 2016: BOND BUYER INDEXES NARROWLY MIXED
In the week ended July 14, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose two basis points to 3.74% from 3.72% in the previous week. The BB40 Index is based on the price of 40 long-term bonds. ... more info

14 Jul 2016: MICHIGAN AUTHORITY JOINS REFUNDING PARADE
The Michigan State Building Authority is joining the parade of borrowers capitalizing on the market's attractive rates with plans to sell about $660 million of mostly refunding bonds next week. ... more info

14 Jul 2016: CALIFORNIA PROPERTY TAX ROLLS ARE SURGING
Assessed property values in California are growing robustly in the state’s larger counties, which bodes well for the state budget and local bonds backed by property taxes. ... more info

14 Jul 2016: CITY BONDS CONSIDERED FOR AN AQUARIUM AT THE ZOO
An aquarium at the Kansas City Zoo is one of many projects being talked about recently in the same breath with plans for a general obligation bond election next spring. ... more info

14 Jul 2016: PITTSBURG PLANS $6.5M IN BONDS TO BUILD UTILITIES FOR STATE-OWNED CASINO
PITTSBURG, Kan. -- Pittsburg plans to issue up to $6.5 million in bonds to pay for construction costs for utilities for the town's new state-owned casino. ... more info

1 Jul 2016: RETIRING: THE GOLDILOCKS STRATEGY FOR PRUDENT INVESTORS
When saving for retirement, investors in fixed investment vehicles should look for the “sweet spot” between short-term savings and long-term bonds. ... more info

14 Jul 2016: GERMANY SELLS BONDS WITH NEGATIVE YIELD AT AUCTION
The sale highlights worries over slowing economic growth and political uncertainty, stemming largely from Britain’s vote to leave the European Union. ... more info

13 Jul 2016: WHY ISSUERS MUST INCREASE STATUTORY LIEN DISCLOSURE
The National Federation of Municipal Analysts wants issuers to improve their disclosures about statutory liens and how they could affect general obligation bonds following a slew of recent municipal bankruptcies where this was a key issue. ... more info

13 Jul 2016: MUNIS END STEADY TO STRONGER AS NEW DEALS PRICE
Top-shelf municipal bonds finished steady to stronger on Wednesday, traders said, as more new supply swept into the market, led by over $1 billion of volume from the New York City Transitional Finance Authority. ... more info

13 Jul 2016: BALTIMORE APPROVES SECOND, LARGER-THAN-EXPECTED ROUND OF HARBOR POINT TIFS
Baltimore's Board of Estimates voted 4-1 Wednesday to approve the sale of $39 million more in bonds for the upscale Harbor Point development. ... more info

13 Jul 2016: TREASURY 30-YEAR BONDS GO AT 2.172% HIGH YIELD
The Treasury Department Thursday auctioned $12 billion of 29-year 10-month bonds with a 2.50% coupon at a 2.172% high yield, a price of 107.171412. ... more info

13 Jul 2016: WHY BONDS FOR PROPOSED CHARGERS STADIUM ARE DRAWING CRITICS
San Diego residents will have a chance this fall to vote on a proposed hotel room tax hike that would back bonds for a $1.8 billion professional football stadium-convention center downtown, but some critics question the bond financing. ... more info

13 Jul 2016: PUERTO RICO HIGHWAYS CUT TO D BY S&P
S&P Global Ratings said it has lowered its long-term rating and underlying rating on the Puerto Rico Highway and Transportation Authority's subordinated transportation revenue bonds, series 1998, state infrastructure bank, to D (default) from CC, following a default on scheduled debt service due July 1, 2016. These bonds were issued under a 1998 resolution, and had a debt service reserve held within the Puerto Rico State Infrastructure Bank Trust Fund.… ... more info

13 Jul 2016: HARRISBURG, PA., PARKING BONDS JUNK AMID DISPUTE
A dispute over parking payments continues amid S&P Global Services' downgrade to junk bond status of bonds that funded a long-term parking lease. ... more info

13 Jul 2016: MUNIS STEADY TO STRONGER AS TRADERS AWAIT VOLUME
Top-shelf municipal bonds were steady to stronger in early activity, traders said, ahead of more supply scheduled to come their way on Wednesday. ... more info

13 Jul 2016: BUDGET ACTION WILL COLOR PENNSYLVANIA GO SALE
The speed of Pennsylvania's response to its $1.2 billion budget imbalance will make a difference when it sells general obligation bonds next week. ... more info

12 Jul 2016: MUNIS WEAKEN AS NEW SUPPLY SURGES INTO MARKET
Top-quality municipal bonds finished weaker on Tuesday, traders said, with yields rising by as much as six basis points as more new issue supply hit the market. ... more info

12 Jul 2016: PRASA DEBT DOWNGRADED BY S&P
S&P Global Ratings said it lowered its ratings on Puerto Rico Aqueduct & Sewer Authority's (PRASA) series 2008 and 2012 senior-lien revenue bonds two notches to CC from CCC-minus. ... more info

12 Jul 2016: CITY TO SELL $3.5 MILLION IN BONDS FOR STREET, WATER PROJECTS
WORTHINGTON -- The Worthington City Council authorized the sale of nearly $3.5 million in general obligation bonds Monday night. The bonds will be used to finance the Grand Avenue extension, 2016 street reconstruction projects, water projects on Nobles County State Aid Highway 35 and Okabena Street, and sanitary and water improvements in the city's Bioscience Park. ... more info

12 Jul 2016: HOW BUTLER COUNTY TAXPAYERS WILL SEE $10 MILLION IN SAVINGS
BUTLER COUNTY -- Butler County and Liberty and West Chester township taxpayers will see a $10 million savings from the county's refinancing of bonds for the Liberty Way interchange. ... more info

11 Jul 2016: MUNIS WEAKEN AS NYC TFA'S $800M DEAL PRICED FOR RETAIL
Top-quality municipal bonds were weaker at mid-session, according to traders, with yields on some maturities rising by as much as one basis point. ... more info

8 Jul 2016: MICHIGAN GARVEES UPGRADED AHEAD OF DEAL
Congressional action on transportation helped spur an upgrade for some outstanding Michigan Garvee bonds ahead of a $613 million refunding deal. ... more info

8 Jul 2016: CITY TO PAY OFF GOLF COURSE BONDS
CARLSBAD -- Carlsbad will spend $14.8 million this year to pay off construction bonds for its nearly $70 million The Crossings golf course, which when it opened in 2007 was one of the most expensive municipal courses in the United States. ... more info

11 Jul 2016: MUNIS WEAKEN AS NYC TFA'S $800M DEAL PRICED FOR RETAIL
Top-quality municipal bonds were weaker at mid-session, according to traders, with yields on some maturities rising by as much as one basis point. ... more info

1 Jul 2016: RETIRING: THE GOLDILOCKS STRATEGY FOR PRUDENT INVESTORS
When saving for retirement, investors in fixed investment vehicles should look for the “sweet spot” between short-term savings and long-term bonds. ... more info

4 Jul 2016: TREASURY YIELDS TOUCH HISTORIC LOWS AMID BREXIT FALLOUT
Markets closed the week still bearing the mark of Britain’s decision to exit the European Union, with a broad rebound in stocks tempered by renewed sense of caution in bonds. ... more info

8 Jul 2016: MICHIGAN GARVEES UPGRADED AHEAD OF DEAL
Congressional action on transportation helped spur an upgrade for some outstanding Michigan Garvee bonds ahead of a $613 million refunding deal. ... more info

8 Jul 2016: CITY TO PAY OFF GOLF COURSE BONDS
CARLSBAD -- Carlsbad will spend $14.8 million this year to pay off construction bonds for its nearly $70 million The Crossings golf course, which when it opened in 2007 was one of the most expensive municipal courses in the United States. ... more info

7 Jul 2016: WAYNE COUNTY PLANS BONDS TO FINISH DETROIT JAIL
With its books restored to order, Wayne County, Mich., says it’s ready to return to the market with $200 million of borrowing to complete its unfinished jail project in downtown Detroit. ... more info

7 Jul 2016: FEWER BONDS PROPOSED TO HELP FINANCE RAIDERS STADIUM IN LAS VEGAS
Less than two months after Las Vegas officials released a proposal to bring the Oakland Raiders to Sin City, a committee has proposed lowering the public price tag by $200 million. ... more info

7 Jul 2016: SOUTHERN ZEST: S.C., N.C., FLA. SALES SPICE UP PRIMARY
Top-quality municipal bonds finished weaker on Thursday, according to traders, as big competitive bond sales from issuers in South Carolina, North Carolina and Florida dominated the skimpy supply slate. ... more info

7 Jul 2016: MUNIS WEAKEN; S.C. TIB, FLA. BOE SELL BONDS
Top-quality municipal bonds weakened at mid-session, according to traders, as yields increased by as much as two basis points from record low levels. ... more info

7 Jul 2016: MAYOR LIKELY NOT TO CALL FOR CITY BOND ELECTION IN NOVEMBER
Mayor Sylvester Turner likely will not ask voters to approve bonds this November to replace the nearly depleted debt residents approved in 2012, a move that may delay several projects. ... more info

6 Jul 2016: MUNI YIELDS EXTEND THEIR DRIFT INTO RECORD LOW TERRITORY
Municipal bonds strengthened on Wednesday as yields on top-rated securities fell to at or near record low levels. In government bonds, U.S. Treasuries turned around in late activity to trade weaker, as yields moved off record lows set on the previous day. ... more info

6 Jul 2016: FITCH DOWNGRADES PUERTO RICO'S IDR TO RD AND GOS TO D
Fitch Ratings said it has downgraded the commonwealth of Puerto Rico's long-term issuer default rating (IDR) to RD from C and general obligation bond rating to D from C following the payment default on certain GO bonds on July 1. ... more info

5 Jul 2016: LOW & SLOW: MUNI YIELDS DROP AS PRIMARY DOZES
Top quality municipal bonds ended stronger on Tuesday, according to traders, as yields on some maturities fell by as much as five basis points. Primary market action was basically non-existent as traders and issuers returned to work after the long holiday weekend. ... more info

8 Jul 2016: MICHIGAN GARVEES UPGRADED AHEAD OF DEAL
Congressional action on transportation helped spur an upgrade for some outstanding Michigan Garvee bonds ahead of a $613 million refunding deal. ... more info

8 Jul 2016: CITY TO PAY OFF GOLF COURSE BONDS
CARLSBAD -- Carlsbad will spend $14.8 million this year to pay off construction bonds for its nearly $70 million The Crossings golf course, which when it opened in 2007 was one of the most expensive municipal courses in the United States. ... more info

7 Jul 2016: WAYNE COUNTY PLANS BONDS TO FINISH DETROIT JAIL
With its books restored to order, Wayne County, Mich., says it’s ready to return to the market with $200 million of borrowing to complete its unfinished jail project in downtown Detroit. ... more info

7 Jul 2016: FEWER BONDS PROPOSED TO HELP FINANCE RAIDERS STADIUM IN LAS VEGAS
Less than two months after Las Vegas officials released a proposal to bring the Oakland Raiders to Sin City, a committee has proposed lowering the public price tag by $200 million. ... more info

7 Jul 2016: SOUTHERN ZEST: S.C., N.C., FLA. SALES SPICE UP PRIMARY
Top-quality municipal bonds finished weaker on Thursday, according to traders, as big competitive bond sales from issuers in South Carolina, North Carolina and Florida dominated the skimpy supply slate. ... more info

7 Jul 2016: MUNIS WEAKEN; S.C. TIB, FLA. BOE SELL BONDS
Top-quality municipal bonds weakened at mid-session, according to traders, as yields increased by as much as two basis points from record low levels. ... more info

7 Jul 2016: MAYOR LIKELY NOT TO CALL FOR CITY BOND ELECTION IN NOVEMBER
Mayor Sylvester Turner likely will not ask voters to approve bonds this November to replace the nearly depleted debt residents approved in 2012, a move that may delay several projects. ... more info

6 Jul 2016: MUNI YIELDS EXTEND THEIR DRIFT INTO RECORD LOW TERRITORY
Municipal bonds strengthened on Wednesday as yields on top-rated securities fell to at or near record low levels. In government bonds, U.S. Treasuries turned around in late activity to trade weaker, as yields moved off record lows set on the previous day. ... more info

6 Jul 2016: FITCH DOWNGRADES PUERTO RICO'S IDR TO RD AND GOS TO D
Fitch Ratings said it has downgraded the commonwealth of Puerto Rico's long-term issuer default rating (IDR) to RD from C and general obligation bond rating to D from C following the payment default on certain GO bonds on July 1. ... more info

5 Jul 2016: LOW & SLOW: MUNI YIELDS DROP AS PRIMARY DOZES
Top quality municipal bonds ended stronger on Tuesday, according to traders, as yields on some maturities fell by as much as five basis points. Primary market action was basically non-existent as traders and issuers returned to work after the long holiday weekend. ... more info

1 Jul 2016: RETIRING: THE GOLDILOCKS STRATEGY FOR PRUDENT INVESTORS
When saving for retirement, investors in fixed investment vehicles should look for the “sweet spot” between short-term savings and long-term bonds. ... more info

4 Jul 2016: TREASURY YIELDS TOUCH HISTORIC LOWS AMID BREXIT FALLOUT
Markets closed the week still bearing the mark of Britain’s decision to exit the European Union, with a broad rebound in stocks tempered by renewed sense of caution in bonds. ... more info

4 Jul 2016: THE BANK OF JAPAN PAINTS ITSELF INTO A NEGATIVE RATE CORNER
Yields on once-calm Japanese government bonds have become deeply negative and their prices intensely volatile. The side effects aren’t quite what the Bank of Japan had in mind when setting off with its largely inflation-focused monetary easing plans. ... more info

1 Jul 2016: COUNTY OKS REFINANCING $4.5 MILLION IN DEBT
The Cumberland County Commission approved a resolution for refinancing $4.5 million in county debt. The resolution approves bonds at a fixed interest rate much lower than the fixed interest on some of the county's current bonds. ... more info

1 Jul 2016: RETIRING: THE GOLDILOCKS STRATEGY FOR PRUDENT INVESTORS
When saving for retirement, investors in fixed investment vehicles should look for the “sweet spot” between short-term savings and long-term bonds. ... more info

1 Jul 2016: MUNIS STRENGTHEN AS TRADERS EYE EARLY CLOSE
Top rated municipal bonds were stronger on Friday, according to traders, as yields fell by as much as four basis points in an abbreviated trading session. ... more info

1 Jul 2016: UNIVERSITY OF ILLINOIS LOWERED TO A-PLUS BY S&P
S&P Global Ratings said it lowered its long-term rating to A-plus from AA-minus on the University of Illinois Board of Trustees' outstanding auxiliaries facilities system revenue bonds and certificates of participation, issued on behalf of the University of Illinois. ... more info

1 Jul 2016: COUNTY OKS REFINANCING $4.5 MILLION IN DEBT
The Cumberland County Commission approved a resolution for refinancing $4.5 million in county debt. The resolution approves bonds at a fixed interest rate much lower than the fixed interest on some of the county's current bonds. ... more info

1 Jul 2016: MUNIS STRENGTHEN AS TRADERS EYE EARLY CLOSE
Top rated municipal bonds were stronger on Friday, according to traders, as yields fell by as much as four basis points in an abbreviated trading session. ... more info

1 Jul 2016: UNIVERSITY OF ILLINOIS LOWERED TO A-PLUS BY S&P
S&P Global Ratings said it lowered its long-term rating to A-plus from AA-minus on the University of Illinois Board of Trustees' outstanding auxiliaries facilities system revenue bonds and certificates of participation, issued on behalf of the University of Illinois. ... more info

29 Jun 2016: MUNIS MIXED AS $1B OF MASS. BONDS COME TO MARKET
Top quality municipal bonds finished steady to weaker on Wednesday, traders said, as more new deals hit the market, led off by a $1.18 billion offering from Massachusetts. ... more info

29 Jun 2016: DELAWARE TO ISSUE $85.5 MILLION IN TAX-EXEMPT GOS
The state of Delaware will issue $85.5 million of tax-exempt general obligation refunding bonds Thursday, according to an event notice posted on the Municipal Securities Rulemaking Board’s EMMA website this week. ... more info

29 Jun 2016: EDMOND GETS READY FOR INFRASTRUCTURE IMPROVEMENTS
EDMOND -- City financial officials are expected this summer to sell $48 million in bonds to pay for water and wastewater improvements. Over the next five years, the city is expected to spend an estimated $300 million for infrastructure improvements. ... more info

29 Jun 2016: MUNIS STEADY AS MARKET SEE MORE BONDS SELL
Top quality municipal bonds were steady at mid-session, traders said, as more new deals hit the market led by a $1 billion offering from Massachusetts. ... more info

29 Jun 2016: AMBAC SUED OVER LOSSES, EXPOSURE TIED TO PUERTO RICAN BONDS
Ambac Financial Group Inc. was sued by an investor who claims the company misled shareholders about its losses and exposure on its public finance bond portfolio, including $2.5 billion in Puerto Rican debt. ... more info

28 Jun 2016: MUNIS WEAKER AS NEW DEALS HIT THE MARKET
Top-rated municipal bonds finished weaker on Tuesday, according to traders, as muni yields rose off their recent record lows. The primary market was active, with large deals coming from Washington, Massachusetts and San Antonio. v ... more info

28 Jun 2016: CONNECTICUT HOUSING TO SELL $86M
The Connecticut Housing Finance Authority intends to offer up to $63 million in fixed-rate bonds on Tuesday and $23 million as variable rate on July 13. ... more info

28 Jun 2016: MUNIS WEAKEN AS NEW DEALS HIT THE MARKET
Top-rated municipal bonds were weaker at mid-session, according to traders, with yields on some maturities rising as much as four basis points. ... more info

27 Jun 2016: NEW LOWS FOR MUNIS AS BONDS RALLY WITH TREASURIES
Picking up right where they left off on Friday, municipal bonds continued the rally with Treasuries on Monday as equities fell in a further fallout in the wake of the British vote to leave the European Union. ... more info

27 Jun 2016: TURLOCK UNIFIED WILL SEEK $88.8 MILLION IN SCHOOL BONDS
TURLOCK -- Voters within the Turlock Unified School District boundaries will be asked in November to approve higher property taxes to secure campuses and upgrade classrooms. Making room for rising enrollment and building a new Turlock High science wing also appear on the list of projects. ... more info

27 Jun 2016: GLENVILLE STATE TO REFINANCE BONDS FOR LOWER RATE
The Higher Education Policy Commission's Friday meeting should have been the time to review financial information of the four-year colleges in the state, but that plan was stalled because of how long it took for lawmakers to agree on the state's budget for next year. ... more info

27 Jun 2016: MUNIS RALLY WITH TREASURIES AHEAD OF DEALS
Picking up where they left off on Friday, municipal bonds continued to rally on Monday with Treasuries in the wake of the British vote to leave the European Union. ... more info

27 Jun 2016: MUNIS CONTINUE TO RALLY WITH TREASURIES
Picking up where they left off on Friday, municipal bonds continued to rally on Monday with Treasuries in the wake of the British vote to leave the European Union. ... more info

24 Jun 2016: MUNI MARKET TO GET $8.2B OF NEW SUPPLY AFTER BREXIT BOOST
Top shelf municipal bonds rallied on Friday, traders said, with yields on some maturities falling by as much as 17 basis points to record lows after Britain voted to leave the European Union. ... more info

24 Jun 2016: AFTER BREXIT RALLY, MUNIS TO SEE LOW YIELDS, STRONG DEMAND
In one of the biggest rallies in recent memory, municipal bonds surged on Friday after Britain voted to leave the European Union. Yields on some top-rated municipals fell by as much as 17 basis points to record low levels, in a move that some analysts said signaled yields will remain near all-time lows for longer than anyone had expected, and that negative U.S. interest rates may be on the horizon. ... more info

24 Jun 2016: HOUSE BLUEPRINT FOR TAX REFORM WORRIES MUNI PROS
House Republicans released a blueprint for tax reform that left some muni groups and experts concerned that the tax-exempt status of municipal bonds may be in jeopardy. ... more info

24 Jun 2016: HULTGREN PLANS BILL TO CLARIFY MA RULE'S REQUIREMENTS FOR ISSUERS
Rep. Randy Hultgren, R-Ill., plans to introduce legislation during the week of June 27 to clarify that the Securities and Exchange Commission’s Municipal Advisor Rule does not require municipal issuers to hire municipal advisors in order to issue bonds. ... more info

24 Jun 2016: MASSACHUSETTS TO SELL $900M AMID BUDGET DEFICIT TALKS
Massachusetts intends to sell about $900 million of bonds as its top lawmakers work on a budget deal that reflects a larger-than-expected revenue shortfall projection. ... more info

24 Jun 2016: MUNICIPAL BONDS RALLY AFTER UK QUITS EU
Top shelf municipal bonds rallied on Friday, traders said, with yields on some maturities falling by as much as 19 basis points to record lows after Britain voted to leave the European Union. ... more info

24 Jun 2016: REFINANCING OF YAKIMA SCHOOL DISTRICT CONSTRUCTION BONDS TO SAVE $5.6 MILLION
Property owners paying off the Yakima School District's 2009 high school construction bonds will save a combined $5.6 million over the next 12 years thanks to recent refinancing. ... more info

24 Jun 2016: BYE, BYE BRITAIN: MUNIS SOAR AS UK QUITS EU
Top shelf municipal bonds rallied on Friday, traders said, with yields on some maturities falling by as much as 20 basis points after Britain voted to leave the European Union. The yield on 10-year benchmark muni general obligation fell 17 to 20 basis points from 1.53% on Thursday, while the 30-year muni yield was 16 to 19 basis points lower from 2.23%, according to an early read of Municipal Market Data's triple-A scale. ... more info

23 Jun 2016: MUNIS WEAKEN AS BREXIT BALLOTING BEGINS
Top-rated municipal bonds ended weaker on Thursday, traders said, with some last-minute deals of the week trickling into the market as Britain voted on a referendum on whether to stay or renounce its membership in the European Union. ... more info

23 Jun 2016: MUNICIPAL BONDS WEAKEN AS BREXIT BALLOTING BEGINS
Top-rated municipal bonds were weaker at mid-session, traders said, as the last deals of the week came to market while Britain voted on a referendum on whether to keep or renounce its membership in the European Union. ... more info

22 Jun 2016: TREASURY INDEXED 30-YEARS GO AT 0.905% HIGH YIELD
The Treasury Department Thursday sold $7 billion of inflation-indexed 29-year, 8-month bonds at a 0.905% yield, an adjusted price of 103.449203, with a 1% coupon. ... more info

22 Jun 2016: MUNIS HOLD ON AS MORE VOLUME HITS MARKET
Top-rated municipal bonds finished steady to weaker on Wednesday, according to traders, as the week’s second wave of new issuance swept over the market. In the primary, Morgan Stanley priced an upsized issue for the New York Metropolitan Transportation Authority. ... more info

22 Jun 2016: JUDGE TO CONSIDER DISMISSING ALL ABOARD FLORIDA BOND CHALLENGE
In a first-of-its-kind case, a federal judge hears arguments June 30 on motions to dismiss a challenge by two Florida counties of $1.75 billion in private activity bonds for the All Aboard Florida passenger train. ... more info

22 Jun 2016: MUNIS STEADY TO WEAKER AS MORE VOLUME HITS
Top-rated municipal bonds were steady to weaker at mid-session, according to traders, as a second wave of new issuance swept over the market on Wednesday. ... more info

21 Jun 2016: MUNIS WEAKEN AS NEW DEALS COME TO MARKET
Top quality municipal bonds were steady to weaker at mid-session, traders said, as the first of the week’s big deals started to hit the market. Trading remained cautious ahead of the Thursday Brexit vote and Tuesday’s Congressional testimony by Fed Chair Janet Yellen. ... more info

21 Jun 2016: BAM POSTS SECONDARY MARKET INSURANCE QUOTES ON BLOOMBERG
Build America Mutual started posting indicative quotes for secondary market insurance on more than 10,000 CUSIPs on the Bloomberg Professional Service, the bond insurer announced on Tuesday. All of the bonds listed have been underwritten by BAM's public finance group and pre-approved by the insurer's credit committee. ... more info

21 Jun 2016: CITY BONDS AUTHORIZED FOR DOWNTOWN FIELD HOUSE
After much discussion and preliminary action taken at earlier meetings, the financing of an $11.7 million downtown field house was approved unanimously by the Salina City Commission at its regular meeting Monday. ... more info

20 Jun 2016: MUNIS END WEAKER AHEAD OF $8.2B NEW ISSUE SLATE
Top-rated municipal bonds finished weaker on Monday, traders said, as the market gears up for about $8.16 billion of new deals set to hit the screens this week. ... more info

20 Jun 2016: MUNIS WEAKEN AHEAD OF $8.2B NEW ISSUE SLATE
Top rated municipal bonds were weaker at mid-session, according to traders, as the market gears up to see about $8.16 billion of new deals hit the screens this week. ... more info

20 Jun 2016: DALLAS TAPS MARKET FOR WATER BONDS
Dallas plans to take advantage of continuing low interest rates with a $640 million issue of water and sewer bonds that combine new money and refunding. ... more info

24 Jun 2016: MUNI MARKET TO GET $8.2B OF NEW SUPPLY AFTER BREXIT BOOST
Top shelf municipal bonds rallied on Friday, traders said, with yields on some maturities falling by as much as 17 basis points to record lows after Britain voted to leave the European Union. ... more info

24 Jun 2016: AFTER BREXIT RALLY, MUNIS TO SEE LOW YIELDS, STRONG DEMAND
In one of the biggest rallies in recent memory, municipal bonds surged on Friday after Britain voted to leave the European Union. Yields on some top-rated municipals fell by as much as 17 basis points to record low levels, in a move that some analysts said signaled yields will remain near all-time lows for longer than anyone had expected, and that negative U.S. interest rates may be on the horizon. ... more info

24 Jun 2016: HOUSE BLUEPRINT FOR TAX REFORM WORRIES MUNI PROS
House Republicans released a blueprint for tax reform that left some muni groups and experts concerned that the tax-exempt status of municipal bonds may be in jeopardy. ... more info

24 Jun 2016: HULTGREN PLANS BILL TO CLARIFY MA RULE'S REQUIREMENTS FOR ISSUERS
Rep. Randy Hultgren, R-Ill., plans to introduce legislation during the week of June 27 to clarify that the Securities and Exchange Commission’s Municipal Advisor Rule does not require municipal issuers to hire municipal advisors in order to issue bonds. ... more info

24 Jun 2016: MASSACHUSETTS TO SELL $900M AMID BUDGET DEFICIT TALKS
Massachusetts intends to sell about $900 million of bonds as its top lawmakers work on a budget deal that reflects a larger-than-expected revenue shortfall projection. ... more info

24 Jun 2016: MUNICIPAL BONDS RALLY AFTER UK QUITS EU
Top shelf municipal bonds rallied on Friday, traders said, with yields on some maturities falling by as much as 19 basis points to record lows after Britain voted to leave the European Union. ... more info

24 Jun 2016: REFINANCING OF YAKIMA SCHOOL DISTRICT CONSTRUCTION BONDS TO SAVE $5.6 MILLION
Property owners paying off the Yakima School District's 2009 high school construction bonds will save a combined $5.6 million over the next 12 years thanks to recent refinancing. ... more info

24 Jun 2016: BYE, BYE BRITAIN: MUNIS SOAR AS UK QUITS EU
Top shelf municipal bonds rallied on Friday, traders said, with yields on some maturities falling by as much as 20 basis points after Britain voted to leave the European Union. The yield on 10-year benchmark muni general obligation fell 17 to 20 basis points from 1.53% on Thursday, while the 30-year muni yield was 16 to 19 basis points lower from 2.23%, according to an early read of Municipal Market Data's triple-A scale. ... more info

23 Jun 2016: STOCKS SEND AN INFLATION SIGNAL
Stocks suggest an upswing in inflation is coming, while bonds’ forecast is for prices to stay cold. The stock market’s message may be right this time. ... more info

23 Jun 2016: MUNIS WEAKEN AS BREXIT BALLOTING BEGINS
Top-rated municipal bonds ended weaker on Thursday, traders said, with some last-minute deals of the week trickling into the market as Britain voted on a referendum on whether to stay or renounce its membership in the European Union. ... more info

23 Jun 2016: MUNICIPAL BONDS WEAKEN AS BREXIT BALLOTING BEGINS
Top-rated municipal bonds were weaker at mid-session, traders said, as the last deals of the week came to market while Britain voted on a referendum on whether to keep or renounce its membership in the European Union. ... more info

22 Jun 2016: TREASURY INDEXED 30-YEARS GO AT 0.905% HIGH YIELD
The Treasury Department Thursday sold $7 billion of inflation-indexed 29-year, 8-month bonds at a 0.905% yield, an adjusted price of 103.449203, with a 1% coupon. ... more info

22 Jun 2016: MUNIS HOLD ON AS MORE VOLUME HITS MARKET
Top-rated municipal bonds finished steady to weaker on Wednesday, according to traders, as the week’s second wave of new issuance swept over the market. In the primary, Morgan Stanley priced an upsized issue for the New York Metropolitan Transportation Authority. ... more info

22 Jun 2016: JUDGE TO CONSIDER DISMISSING ALL ABOARD FLORIDA BOND CHALLENGE
In a first-of-its-kind case, a federal judge hears arguments June 30 on motions to dismiss a challenge by two Florida counties of $1.75 billion in private activity bonds for the All Aboard Florida passenger train. ... more info

22 Jun 2016: MUNIS STEADY TO WEAKER AS MORE VOLUME HITS
Top-rated municipal bonds were steady to weaker at mid-session, according to traders, as a second wave of new issuance swept over the market on Wednesday. ... more info

21 Jun 2016: CITY BONDS AUTHORIZED FOR DOWNTOWN FIELD HOUSE
After much discussion and preliminary action taken at earlier meetings, the financing of an $11.7 million downtown field house was approved unanimously by the Salina City Commission at its regular meeting Monday. ... more info

18 Jun 2016: FIND OUT WHAT UPLAND UNIFIED'S REFINANCING OF BONDS WILL SAVE YOU ON YOUR PROPERTY TAXES
As interest rates continue to remain low, Upland Unified School District officials knew it was an opportune time to refinance its existing bonds. ... more info

17 Jun 2016: ANNA SCHOOL BOARD AUTHORIZES ISSUANCE OF TAX BONDS
At last Thursday's Anna school board meeting, following a presentation by Brian Grubbs, the board adopted an order authorizing the issuance of unlimited tax bonds, set parameters of the sale, approved an official statement and enacted other provisions relating to the bond program. ... more info

21 Jun 2016: MUNIS WEAKEN AS NEW DEALS COME TO MARKET
Top quality municipal bonds were steady to weaker at mid-session, traders said, as the first of the week’s big deals started to hit the market. Trading remained cautious ahead of the Thursday Brexit vote and Tuesday’s Congressional testimony by Fed Chair Janet Yellen. ... more info

21 Jun 2016: BAM POSTS SECONDARY MARKET INSURANCE QUOTES ON BLOOMBERG
Build America Mutual started posting indicative quotes for secondary market insurance on more than 10,000 CUSIPs on the Bloomberg Professional Service, the bond insurer announced on Tuesday. All of the bonds listed have been underwritten by BAM's public finance group and pre-approved by the insurer's credit committee. ... more info

17 Jun 2016: EUROPE'S ANTI-IMMIGRATION PARTIES SEE OPENING TO WEAKEN EU BONDS
Europe’s anti-immigration, populist parties are working to strengthen their cross-border alliance, hoping to start rolling back more than five decades of efforts to integrate the Continent. ... more info

20 Jun 2016: MUNIS END WEAKER AHEAD OF $8.2B NEW ISSUE SLATE
Top-rated municipal bonds finished weaker on Monday, traders said, as the market gears up for about $8.16 billion of new deals set to hit the screens this week. ... more info

20 Jun 2016: MUNIS WEAKEN AHEAD OF $8.2B NEW ISSUE SLATE
Top rated municipal bonds were weaker at mid-session, according to traders, as the market gears up to see about $8.16 billion of new deals hit the screens this week. ... more info

20 Jun 2016: DALLAS TAPS MARKET FOR WATER BONDS
Dallas plans to take advantage of continuing low interest rates with a $640 million issue of water and sewer bonds that combine new money and refunding. ... more info

17 Jun 2016: MUNIS WEAKER AHEAD OF $8.2B NEW ISSUE CALENDAR
Top shelf municipal bonds were steady to weaker at mid-session, according to traders, as the market gets set to see an $8.16 billion new issue calendar next week. Volume for next week is estimated by Ipreo at $8.16 billion, up from $5.27 billion this week, according to revised data from Thomson Reuters. ... more info

17 Jun 2016: MUNI MARKET TAKES A BREAK AFTER WILD WEEK
Municipal traders were taking a breather on Friday after a week where yields on top shelf bonds fell to record low levels and several large deals of interest came to market. ... more info

16 Jun 2016: ILLINOIS SELLS $550M GOS INTO RECORD LOW RATE MARKET
Illinois competitively sold $550 million of general obligation bonds into a historically low rate environment as yields on top-rated municipal bonds dropped to record lows across the board on Thursday. ... more info

16 Jun 2016: ILL. SELLS GOS INTO RECORD LOW RATE MARKET
Illinois competitively sold $550 million of general obligation bonds into an historically low rate environment on Thursday as yields on top-rated municipal bonds dropped to record lows across the scale at mid-session. ... more info

15 Jun 2016: DETROIT BOND REFUNDING ADVANCES
Detroit plans to refund more than $600 million of general obligation bonds for savings in a deal that would mark its first GO sale since exiting its historic Chapter 9 in late 2014. ... more info

15 Jun 2016: SHORT-TERM N.J. SPREAD TIGHTENING SEEN AFTER COURT RULING
New Jersey bonds could see spread tightening after a state Supreme Court decision upholding the 2011 suspension of cost of living adjustments to retiree pension benefits, but any boost will likely be short-lived, according to Municipal Market Analytics. ... more info

15 Jun 2016: BOND INSURER SUES CITY AFTER GOLF COURSE DEAL GOES AWRY
Buena Vista, Va., was sued by bond insurer ACA Financial Guarantee Corp., which says the city breached its forbearance agreement and stopped making “moral obligation” payments on bonds issued to construct a golf course. ... more info

14 Jun 2016: BOND ADVISORY FIRM CONTRIBUTED TO VALLEY SCHOOL BOND MEASURES
The financial advisory firm that was penalized by the U.S. Securities and Exchange Commission for deceptive practices was employed by various school districts in Fresno County to handle bonds -- and also donated to campaign measures advocating for those bonds. ... more info

14 Jun 2016: SEC OPENS INVESTIGATION INTO LINCOLN-WAY BONDS, FINANCIAL REPORTS: SUBPOENA
The Securities and Exchange Commission has opened an investigation into Lincoln-Way High School District 210's bonds, budgets and annual financial reports, a subpoena from the SEC to Lincoln-Way shows. ... more info

14 Jun 2016: PUERTO RICO SENATE PASSES PRASA BOND BILL
Puerto Rico's Senate passed a bill to help the Puerto Rico Aqueduct and Sewer Authority sell bonds, following passage by the Puerto Rico House of Representatives. ... more info

14 Jun 2016: LONG MUNI YIELDS FALL TO NEW LOWS AS DEALS PRICE
Top quality municipal bonds finished decidedly stronger on Tuesday, traders said, as yields on long-dated maturities fell to record low levels. In the primary several big deals were priced led by a New York State issuer. ... more info

14 Jun 2016: WHITE: SEC FOCUSED ON POSSIBLE PUERTO RICO BOND-RELATED VIOLATIONS
The Securities and Exchange Commission is "very focused" on examining whether there were any securities law violations involving Puerto Rico bonds as the commonwealth's fiscal situation deteriorated over the last few years, SEC chair Mary Jo White told the Senate Banking Committee on Tuesday. ... more info

14 Jun 2016: BILL WOULD CREATE NEW $5B CATEGORY OF PABS FOR GOVERNMENT BUILDINGS
A bipartisan bill introduced in the House would allow state and local governments to issue up to $5 billion in private activity bonds to finance the construction and upkeep of certain publically owned buildings. ... more info

17 Jun 2016: MUNIS WEAKER AHEAD OF $8.2B NEW ISSUE CALENDAR
Top shelf municipal bonds were steady to weaker at mid-session, according to traders, as the market gets set to see an $8.16 billion new issue calendar next week. Volume for next week is estimated by Ipreo at $8.16 billion, up from $5.27 billion this week, according to revised data from Thomson Reuters. ... more info

17 Jun 2016: MUNI MARKET TAKES A BREAK AFTER WILD WEEK
Municipal traders were taking a breather on Friday after a week where yields on top shelf bonds fell to record low levels and several large deals of interest came to market. ... more info

16 Jun 2016: ILL. SELLS GOS INTO RECORD LOW RATE MARKET
Illinois competitively sold $550 million of general obligation bonds into an historically low rate environment on Thursday as yields on top-rated municipal bonds dropped to record lows across the scale at mid-session. ... more info

16 Jun 2016: ILLINOIS SELLS $550M GOS INTO RECORD LOW RATE MARKET
Illinois competitively sold $550 million of general obligation bonds into a historically low rate environment as yields on top-rated municipal bonds dropped to record lows across the board on Thursday. ... more info

14 Jun 2016: BOND ADVISORY FIRM CONTRIBUTED TO VALLEY SCHOOL BOND MEASURES
The financial advisory firm that was penalized by the U.S. Securities and Exchange Commission for deceptive practices was employed by various school districts in Fresno County to handle bonds -- and also donated to campaign measures advocating for those bonds. ... more info

14 Jun 2016: SEC OPENS INVESTIGATION INTO LINCOLN-WAY BONDS, FINANCIAL REPORTS: SUBPOENA
The Securities and Exchange Commission has opened an investigation into Lincoln-Way High School District 210's bonds, budgets and annual financial reports, a subpoena from the SEC to Lincoln-Way shows. ... more info

15 Jun 2016: DETROIT BOND REFUNDING ADVANCES
Detroit plans to refund more than $600 million of general obligation bonds for savings in a deal that would mark its first GO sale since exiting its historic Chapter 9 in late 2014. ... more info

15 Jun 2016: SHORT-TERM N.J. SPREAD TIGHTENING SEEN AFTER COURT RULING
New Jersey bonds could see spread tightening after a state Supreme Court decision upholding the 2011 suspension of cost of living adjustments to retiree pension benefits, but any boost will likely be short-lived, according to Municipal Market Analytics. ... more info

15 Jun 2016: BOND INSURER SUES CITY AFTER GOLF COURSE DEAL GOES AWRY
Buena Vista, Va., was sued by bond insurer ACA Financial Guarantee Corp., which says the city breached its forbearance agreement and stopped making “moral obligation” payments on bonds issued to construct a golf course. ... more info

14 Jun 2016: PUERTO RICO SENATE PASSES PRASA BOND BILL
Puerto Rico's Senate passed a bill to help the Puerto Rico Aqueduct and Sewer Authority sell bonds, following passage by the Puerto Rico House of Representatives. ... more info

14 Jun 2016: LONG MUNI YIELDS FALL TO NEW LOWS AS DEALS PRICE
Top quality municipal bonds finished decidedly stronger on Tuesday, traders said, as yields on long-dated maturities fell to record low levels. In the primary several big deals were priced led by a New York State issuer. ... more info

14 Jun 2016: WHITE: SEC FOCUSED ON POSSIBLE PUERTO RICO BOND-RELATED VIOLATIONS
The Securities and Exchange Commission is "very focused" on examining whether there were any securities law violations involving Puerto Rico bonds as the commonwealth's fiscal situation deteriorated over the last few years, SEC chair Mary Jo White told the Senate Banking Committee on Tuesday. ... more info

14 Jun 2016: BILL WOULD CREATE NEW $5B CATEGORY OF PABS FOR GOVERNMENT BUILDINGS
A bipartisan bill introduced in the House would allow state and local governments to issue up to $5 billion in private activity bonds to finance the construction and upkeep of certain publically owned buildings. ... more info

13 Jun 2016: PUERTO RICO LEGISLATURE POISED TO PASS PRASA BOND BILL
Puerto Rico’s legislature may be poised to pass a bill to help the Puerto Rico Aqueduct and Sewer Authority sell as much as $900 million of bonds. ... more info

13 Jun 2016: MISSOURI SCHOOL QZABS MUST PAY TREASURY BACK
The Treasury Department has determined that $385,118 of taxable general obligation qualified zone academy bonds issued by a Missouri school district in 2012 do not qualify for refundable tax credits. ... more info

13 Jun 2016: FLORIDA COURT REFUSES TO BLOCK TRAIN BONDS
A Florida court has denied Indian River County’s quest to block a state-created conduit issuer from selling $1.75 billion of tax exempt bonds for All Aboard Florida’s planned private passenger rail project. ... more info

13 Jun 2016: DENVER REFUNDING BONDS KEEP TAX-EXEMPT STATUS AFTER AUDIT
An Internal Revenue Service audit of $73.6 million of Series A excise revenue refunding bonds issued by the city and county of Denver in 2009 has been closed with no change to the bonds’ tax-exempt status. ... more info

10 Jun 2016: BANK HOLDINGS OF MUNIS CONTINUED RISE IN 1Q 2016
U.S. banks' holdings of municipal bonds increased to $507.5 billion in the first quarter of 2016, a 1.7% gain from the $499 billion of holdings in the fourth quarter of 2015. ... more info

10 Jun 2016: LONG MUNIS FALL TO ANOTHER RECORD LOW AHEAD OF $5.7B CALENDAR
Top-quality municipal bonds finished stronger on Friday, as the yield on Municipal Market Data's 30-year muni general obligation fell to its fourth straight record low. ... more info

10 Jun 2016: MARKET EYES RECORD LOW LONG YIELDS AHEAD OF $5.7B CALENDAR
Top-quality municipal bonds were stronger at mid-session, according to traders, as the market took a brief respite ahead of the upcoming week's $5.7 billion new issue slate. ... more info

9 Jun 2016: N.C. UTILITY DEAL SEES TWO-YEAR LOW PRICING
North Carolina’s Fayetteville Public Works Commission auctioned $114.4 million of 25-year bonds on Wednesday, resulting in yields lower than the utility’s last foray into the market two years ago. ... more info

9 Jun 2016: TREASURY 30-YEAR BONDS GO AT 2.475% HIGH YIELD
The Treasury Department Thursday auctioned $12 billion of 29-year 11-month bonds with a 2.50% coupon at a 2.475% high yield, a price of 100.524034. ... more info

9 Jun 2016: DOCUMENTS: VIABILITY OF 38 STUDIOS DIDN'T MATTER TO INVESTORS
An investment firm is trying to bolster its case against the Rhode Island Economic Development Corporation with federal court records revealing that investors in the $75-million bond deal cared little about the financial health of baseball great Curt Schilling's 38 Studios video-game venture, since Rhode Island had pledged not to default on the bonds. ... more info

9 Jun 2016: PROPOSED $1.5 BILLION PORT RECEIVES PRELIMINARY APPROVAL FOR BOND ISSUE
A proposed $1.5 billion deepwater port in Cameron Parish moved a step closer to reality Tuesday when the Louisiana Public Facilities Authority gave preliminary approval to issue bonds to finance part of the project. ... more info

8 Jun 2016: MMD 30-YEAR MUNI AT NEW LOW; BAML WINS MD. $1B GOS
Long-term yields on top-rated municipal bonds continued their record breaking decline, according to Municipal Market Data on Wednesday, as the 30-year general obligation fell to another new low. In the primary, the Bank of America Merrill Lynch won the state of Maryland’s $1 billion of top-quality general obligation bonds. ... more info

8 Jun 2016: CONNECT NC BOND DEAL OK'D
The North Carolina Council of State Tuesday approved issuing $200 million of the $2 billion in general obligation bonds that voters approved in March; the deal will be sold in late July. ... more info

8 Jun 2016: LONG MUNIS STRENGTHEN AS BAML WINS MD.'S $1B GOS
Long-term yields on top-rated municipal bonds continued to hover near all-time lows at mid-session, according to a read of Municipal Market Data's triple-A benchmark scale. ... more info

7 Jun 2016: MMD 30-YEAR YIELD HITS RECORD LOW; GA., JFK AIRPORT DEALS SELL
Top-shelf municipal bonds ended stronger on Tuesday, according to traders, with the yield on the 30-year municipal falling into record low territory. In the primary, Georgia and a Maryland issuer sold a bevy of competitive offerings and a New York issuer came to market with a negotiated airport deal. ... more info

7 Jun 2016: BUDGET OR NOT, HERE COMES ILLINOIS
Illinois will take competitive bids on $550 million of new money general obligation bonds next week as the state barrels toward its second fiscal year without a budget. ... more info

7 Jun 2016: IRS RULING ON HOTEL MANAGEMENT CONTRACT SHOWS LENIENCY
The Internal Revenue Service ruled that a management contract between a bond issuer and the manager of a hotel who receives incentive fees based on gross revenue will not result in private business use that could jeopardize the tax-exempt status of the bonds. ... more info

7 Jun 2016: MUNIS STRENGTHEN; MARKET SEES BIG COMPETITIVE DEALS SELL
Top-shelf municipal bonds were stronger at mid-session, according to traders, as the state of Georgia and a Maryland issuer competitively sold a bevy of big, high-quality offerings. ... more info

7 Jun 2016: RATING AGENCY DOWNGRADES WAPA BONDS TO JUNK
Moody's Investors Service has downgraded bonds issued by the Virgin Islands Water and Power Authority, and says further downgrade is possible. ... more info

6 Jun 2016: GEORGIA PRICES $1.4B IN TOP-RATED GOS TUESDAY
Triple-A rated Georgia will auction $1.4 billion of general obligation bonds Tuesday, with analysts seeing the state benefiting from six years of positive revenue performance. ... more info

6 Jun 2016: N.Y. CITY HOUSING BOARD OKS BOND, SUBSIDY FINANCING
The New York City Housing Development Corp. intends to issue more than $455 million in bonds and provide more than $115 million in additional financing for affordable housing. ... more info

1 Jun 2016: MORE DOWNGRADES FOR NORTH DAKOTA OIL BOOMTOWN
Oil price volatility continues to take a toll on bond ratings in Williston, North Dakota, where S & P Global Ratings lowered its rating on $44.5 million of public safety sales tax revenue bonds. ... more info

1 Jun 2016: PA. SELLS $991M GOS, DASNY REVS FOR NYU PRICED; MUNIS FLAT
Pennsylvania competitively sold $990.55 million of unlimited tax general obligation bonds on Wednesday while the Dormitory Authority of the State of New York offered tax-exempts and taxables to fund various tech projects at New York University. In secondary market trading, top-quality municipal bonds finished steady. ... more info

1 Jun 2016: NORTH CAROLINA UTILITY SPEEDS DEAL TO BEAT FED
The Fayetteville Public Works Commission will auction $110.8 million of revenue bonds in what is still a rare competitive deal for a North Carolina issuer, one that it accelerated to beat the Fed's expected tightening. ... more info

1 Jun 2016: LOCAL GOVERNMENTS CRY FOUL OVER FEDS' MOVE TO LIMIT TAX-FREE MUNICIPAL BONDS
Public officials in Minnesota and across the nation are scrambling to head off a proposal they say would deliver a devastating blow to their ability to fund infrastructure and economic development projects. ... more info



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