Negotiated deals were repriced to lower yields while competitive deals saw levels coming in through triple-A benchmarks. High-grade benchmarks were little changed.
As congestion pricing looms, the mass-transit authority is hearing calls to rework its system to attract riders to support its capital program.
NFMA's white paper could serve as a template for future emergency events, in addition to the current pandemic.
The future is looking up for Salt Lake City International Airport as it continues redevelopment with $900 million of revenue bonds.
“There’s been a lot of discussion about New York City and its future in the public domain. And when that happens it makes sense to solicit multiple opinions,” said Kroll Senior Managing Director Karen Daly.
The two issuers that defaulted suffered from pre-existing conditions, according to Moody's analysts.
Chicago's net pension liabilities increased by $1.1 billion in 2020 to almost $33 billion.
Joseph Krist, publisher of Muni Credit News, explores state budgets, federal aid, climate change and cybersecurity. Paul Burton hosts. (34 minutes)
-
Joseph Krist, publisher of Muni Credit News, explores state budgets, federal aid, climate change and cybersecurity. Paul Burton hosts. (34 minutes)
July 6
-
Fitch affirmed $14.3 billion of annual appropriation-backed debt at AA-plus in addition to the $1.1 billion of AAA-rated general obligation bonds.
July 2
-
Ridership displacement, remote work and online shopping amplify pre-pandemic challenges such as large capital plans.
July 1
-
By contrast to the circus surrounding the Board of Elections, the City Council quickly passed a record $98.7 billion spending plan drama-free.
July 1
-
The Board of Elections acknowledged a major error in Tuesday's update. Outgoing Mayor Bill de Blasio and the City Council, meanwhile, are finalizing a $98.7 billion FY22 budget.
June 30
-
The Metropolitan Pier and Exposition Authority will scoop-and-toss fiscal 2022 debt service and current refund debt for savings as it looks to salve the lingering wounds inflicted by the pandemic.
June 30
-
A $3.7 billion transfer from the general fund would cover $2.5 billion for retiring and defeasing state debt, and $1.2 billion to backstop capital construction projects.
June 29
