Municipal bonds were broadly steady on Wednesday as the week’s biggest deals were priced and the Investment Company Institute reported over $1 billion in inflows into municipal bond funds. U.S. Treasuries were little changed across most of the curve and stocks closed lower toward the close. The ratio of two-year municipal bonds to Treasuries was […]
Dallas Fort Worth International Airport will enter the municipal bond market next week with a $750 million deal, boosted by a credit rating upgrade and an outlook revision to positive. S&P Global Ratings has upgraded its rating to AA-minus from A+, citing the airport’s “relatively” strong boardings, its past financial stability and its stable debt […]
The Federal Aviation Administration (FAA) has launched the fourth round of funding for its Airport Improvement Program, distributing more than $636 million in 320 grants to 46 states. The grants will benefit projects such as “planning, improving airport safety, airport development and airport noise control,” the FAA said. “From passenger traffic to cargo operations, the […]
