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The state reported a small jump in its unfunded burden while its funded ratio saw a sliver of improvement.
November 8 -
The bond proceeds and matching federal funds mean Illinois will pay off $8.5 billion of bills.
November 8 -
The collective funded ratio of all Illinois public pension funds is 47.9%, according a state report.
October 31 -
More states and localities moved ahead with infrastructure financings in October, as issuers gained confidence the municipal tax exemption will remain in place.
October 31 -
The Teachers' Retirement System saw double-digit investment returns but its unfunded tab grew.
October 27 -
Municipal bonds were unchanged at mid-session, according to traders, who are looking ahead to the next week's $6.7 billion new issue slate, which will be headlined by big offerings from Virginia and Maryland Issuers.
October 27 -
Municipals bonds are little changed in early activity as the market eyes next week’s new issue calendar, which is topped by big offerings from Virginia and Maryland Issuers.
October 27 -
The Illinois Senate will attempt to override a veto of the Debt Transparency Act next month.
October 26 -
Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.
October 25 -
Municipal bonds finished weaker on Wednesday as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of the year.
October 25