Bonds Municipal Bonds

  • Total onshore issuance was 2.9 trillion yuan in July, the People's Bank of China data showed, 700 billion yuan less than in June. Corporate non-financial bond issuance rose 78.8 billion yuan to 716.9 billion yuan while municipal bond issuance fell sharply by 632.8 billion yuan to 395.5 billion yuan. Recent controversies surrounding repeated defaults by...

  • CHICAGO, Aug 4- Prices for Chicago general obligation bonds rose in secondary market trading on Thursday as the municipal market welcomed Mayor Rahm Emanuel's plan to shore up the city's biggest retirement fund. The price improvement narrowed the spread over Municipal Market Data's benchmark triple-A yield scale for some Chicago bonds by about 20 basis...

  • Chicago Mayor Rahm Emanuel

    Chicago Mayor Rahm Emanuel unveiled on Wednesday a plan to save the city's biggest retirement system from insolvency.

  • Aug 3- The par amount of U.S. municipal bonds traded in the second quarter of 2016 rose to $818.2 billion, the highest since the third quarter of 2013, the Municipal Securities Rulemaking Board reported on Wednesday. The second-quarter total marks a 10.4 percent increase from the $741.4 billion traded during the same time last year, according to the MSRB, which...

  • *More than 40 robotics parks being established across China. *China core debt to GDP rose to 255 pct at end of 2015- BIS. WUHU, China, Aug 3- Down a side street bracketed by massage parlors and cheap hotels in this city on the banks of the Yangtze river, a humanoid food service robot trundles around the corner of a table in a cafe, red eyes flashing in tune with synthesized...

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • NEW YORK/ SAN FRANCISCO, July 26- The 1923 middle school building in Oregon's Corbett School District is so old that horses and trailers were used to dig the basement. The amount of debt sold so far this year in the $3.7 trillion market for U.S. municipal and state debt is less than in 2015 despite record-low borrowing rates. The yield on top-rated municipal 30- year...

  • NEW YORK/ CHICAGO, July 26- Record low interest rates so far have failed to spur a wave of new borrowing in the $3.7 trillion U.S. municipal debt market, with one exception: its weakest borrowers are seizing the opportunity to prop up their finances at costs they can afford. Some cash-strapped areas, including Illinois and low-rated Chicago, can also issue bonds for...

  • The funds took in $7.8 billion, according to the research service's data, which covers the seven days through July 13. "Of note, equity funds broke a 10- week streak of net outflows by taking in $7.8 billion in net new money and municipal bond funds recorded their 41st straight week of inflows as they grew their coffers by $1.2 billion." Keon said the "Brexit" vote,...

  • The funds took in $7.8 billion, according to the research service's data, which covers the seven days through July 13. "Of note, equity funds broke a 10- week streak of net outflows by taking in $7.8 billion in net new money and municipal bond funds recorded their 41st straight week of inflows as they grew their coffers by $1.2 billion." Keon said the "Brexit" vote,...

  • NYSE New York Stock Exchange traders markets

    Fixed income strategist Mark Grant says a dip in global bond yields is herding investors to the U.S.

  • July 8- U.S. municipal bond funds reported $738 million of inflows for the week ended July 6, according to Lipper data on Friday that was corrected from the previous day. As reported by Reuters on Thursday, the data appeared to be distorted by the merger of two state-specific funds run by American Funds into its broader Tax-Exempt Bond Fund of America.

  • NEW YORK, June 29- Puerto Rico's benchmark 2035 General Obligation bond rose three quarters of a point in price on Wednesday after the U.S. Senate cleared a procedural hurdle that advanced the debt crisis bill to a final vote. In Washington, the bill aimed at helping Puerto Rico- a territory in the Caribbean with 3.5 million U.S. citizens- deal with a crippling $70...

  • NEW YORK, June 29- Puerto Rico's benchmark 2035 General Obligation bond rose half a point in price on Wednesday after the U.S. Senate cleared a procedural hurdle that advanced the debt crisis bill to a final vote.

  • NEW YORK, June 24- U.S. municipal bond yields blew through previous record lows on Friday as investors snapped up tax-free debt amid a global flight to safety after Britain voted to leave the European Union. The week ended June 22 had the highest inflows in over three years at $1.4 billion, according to Lipper data. The "feeding frenzy" for muni bonds is unabated, said...

  • NEW YORK, June 24- U.S. municipal bond yields blew through previous record lows on Friday as investors snapped up tax-free debt amid a global flight to safety after Britain voted to leave the European Union. The week ended June 22 had the highest inflows in over three years at $1.4 billion, according to Lipper data. The "feeding frenzy" for muni bonds is unabated, said...

  • SHANGHAI, June 17- Upward pressure on Chinese bond yields eased this week after data showed net corporate debt issuance fell in May for the first time in nearly six years, but analysts said sentiment remains fragile after several high-profile defaults. May gross non-financial corporate bond issuance was 550.5 billion yuan, down 22.7 percent from April, while...

  • CHICAGO, June 16- Illinois' long-running budget impasse stung the state on Thursday in the U.S. municipal market where buyers of its $550 million bond issue demanded bigger yields over the market benchmark. The results demonstrate that the market is increasing its penalty due to the state's worsening fiscal and political problems, leaving Illinois unable to...

  • CHICAGO, June 16- Illinois' long-running budget impasse stung the state on Thursday in the U.S. municipal market where buyers of its $550 million bond issue demanded bigger yields over the market benchmark. The results demonstrate that the market is increasing its penalty due to the state's worsening fiscal and political problems, leaving Illinois unable to...