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The Illinois governor says he will use his amendatory veto powers to shift some Chicago school aid to other districts.
July 18 -
The end of the two-year budget drought in Illinois is a mixed bag for “downstream” credits.
July 17 -
Municipal bond traders are returning to work on Monday set for the week’s $7.66 billion new issue calendar. The slate is composed of $3.99 billion of negotiated deals and $3.67 billion of competitive sales.
July 17 -
Top-shelf municipal bonds were stronger at mid-session, according to traders, who were looking ahead to next week’s new issue calendar. which Ipreo estimates at $7.66 billion.
July 14 -
Municipal bond traders are waiting to see how much volume the market will encounter next week as they eye volatile muni yields.
July 14 -
Municipal bonds ended mixed on Monday, according to traders, as the New York City Transitional Finance Authority’s $1 billion of building aid revenue bonds were priced for retail investors and the Chicago Public Schools came to market with an unrated bond deal.
July 10 -
Chicago Public Schools borrowed $500 million after doubling the size of its GO offering.
July 10 -
Municipal market participants will get back to work and find their hands full, with $9 billion of new issuance forecast for the primary market.
July 7 -
Moody's Investors Service said it has placed Chicago's Ba1 general obligation rating under review for possible downgrade.
July 7 -
Chicago Public Schools sent $467 million to the teachers' pension fund as required Friday.
June 30