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This article provides an overview of the rights and responsibilities of tenants and landlords in Australia, focusing on the increasing number of Australians who rent from private landlords and own investment properties. It discusses the challenges faced by both landlords and tenants, such as rising costs and lack of affordability. The article outlines the basic rights and obligations for tenants and landlords in different states and territories, covering areas like bonds, access, pets, and repairs. It also discusses recent proposed amendments to rental laws in Victoria and Western Australia, and includes perspectives from advocates calling for further reforms. Additionally, the article includes information on 'no-grounds' evictions in New South Wales and data on rental prices and affordability. [Extracted from the article]

The Chicago City Council Finance Committee has passed a $1.5 billion bond proposal to refinance debt in an effort to address the city's budget deficits. The proposal includes refinancing $980 million in debt with a mix of general obligation and sales-tax backed bonds, as well as using a tender process to buy back bonds at a slight premium. The refinancing is expected to generate savings of $70 million, which may increase to $90 million this year and an additional $35 million next year. Some members of the city council have raised concerns about the details of the borrowing, and even state officials have criticized the deal. If approved by the full council, the bonds will be issued before the presidential election in November. [Extracted from the article]

Chicago Mayor Brandon Johnson is seeking approval to sell $1.5 billion in bonds to refinance old debt and address the city's budget deficit. The proposed ordinance is currently with the city council's finance committee and will require approval from the full council if passed. The bonds would be sold as part of an entity established in 2017 and carry a higher rating than Chicago's general obligation debt. The proceeds from the bond offering would be used to refund existing debt and generate savings. The city is facing a deficit of $223 million this year and $982.4 million in 2025. In addition to this proposal, the mayor is also seeking approval to sell $200 million in second lien wastewater transmission revenue bonds for refunding. The city has made multiple borrowings in the municipal-bond market this year for various purposes, including economic development and affordable housing. [Extracted from the article]

Chicago's City Council has postponed a vote on a $1.5 billion refunding bond measure due to opposition from some aldermen and Illinois Comptroller Susana Mendoza. Municipal Market Analytics has also expressed concerns about the sale, suggesting that it may signal a decline in the city's credit quality. Some aldermen have criticized the lack of transparency and timing of the deal, while Mendoza has called for more information to be provided before the vote. The city's Chief Financial Officer, Jill Jaworski, has defended the deal, stating that it will generate significant savings and will not result in additional debt or operating expenses. [Extracted from the article]

The article from the Bond Buyer provides information on various economic indicators and bond yields. The economic indicators for the week include the Empire State Mfg Survey, Import Prices, Export Prices, Initial Jobless Claims, Philly Fed Manufacturing, Retail Sales, Industrial Production, Capacity Utilization, Business Inventories, NAHB Index, Housing Starts, and Building Permits. The bond yields for Thursday show a decrease in government securities prices, with the 10-year yield at 4.10% and the 30-year yield at 4.39%. The municipal bond index increased, and the total bond buyer's value also increased. The article includes graphs displaying Thursday's yields. [Extracted from the article]

This text provides information on two separate topics. The first topic is the upgrade of Pennsylvania's credit rating by Moody's, which is attributed to the state's increased budget reserves and reduced long-term liabilities. The second topic is the Chicago City Council's decision to sell refunding bonds and address the resignation of the Chicago Public Schools board. Concerns are raised about the potential use of bond proceeds for operating expenses. The text also briefly mentions the credit ratings of Chicago Public Schools and the state of Pennsylvania. The tone of the text is neutral and informative, providing factual information without expressing personal opinions or judgments. [Extracted from the article]

This document provides a summary of economic indicators and data from Tuesday. The ISM Manufacturing PMI for September was reported at 47.2, which was in line with the forecast. Construction spending in August decreased by 0.1%, compared to the forecasted increase of 0.2%. Government securities prices increased, with the 10-year yield at 3.74% and the 30-year yield at 4.08%. The municipal bond index also increased. The total bond buyer's volume decreased by $5.245 billion. The visible supply of municipal bonds decreased, with competitive bonds down by $1.205 billion and negotiated bonds down by $4.040 billion. The MuniCenter List offering total decreased by $1.2 million. [Extracted from the article]

The Ohio Water Development Authority (OWDA) is issuing triple-A-rated revenue bonds, including $400 million of new money green bonds. The new money will be used to reimburse the agency for loans financing wastewater, stormwater, and water pollution prevention projects. The OWDA is also issuing refunding bonds and accepting tendered bonds to current refund existing bonds. The green bonds have been verified by Kestrel and meet the criteria for green bonds designation. The OWDA's bonds are secured by repayments from loans provided to local municipalities, and both Moody's and S&P Global Ratings have assigned their top triple-A ratings to the bonds. The OWDA has made over $9.8 billion in loans since its launch, and the projects financed by the green bonds include efforts to reduce pollution, improve wastewater treatment systems, and promote regional consolidation. The OWDA receives grants from the U.S. EPA and has seen an increase in funding availability due to the Bipartisan Infrastructure Law. The OWDA is overseen by eight members, and the bonds are being managed by RBC Capital Markets and Bank of America. [Extracted from the article]

This article discusses the issuance of nearly $2 billion of triple-A-rated debt from water agencies in Southwest states facing drought and other climate issues. The Texas Water Development Board is issuing $1.6 billion of State Water Implementation Revenue Fund for Texas master trust bonds to finance local water projects, including seawater desalination in Corpus Christi. The article highlights the strain on naturally arid regions due to climate change and population growth, as well as the use of state revolving funds to leverage federal grants and keep borrowing costs low. The article also mentions the extensive disclosure of climate risk by Denver's Board of Water Commissioners and the lack of climate disclosures in a recent bond refunding by Arizona's Water Infrastructure Finance Authority. [Extracted from the article]

The Missouri Electric Commission is issuing $105 million of power project revenue refunding bonds to refund bonds it issued in 2014 for the Plum Point Energy Station in Osceola, Arkansas. The deal comes after newly-finalized Environmental Protection Agency rules to cut pollution from fossil fuel-fired power plants. The Missouri Electric Commission is a nonprofit wholesale power supplier with member utilities in Missouri and Arkansas. The bonds have been assigned an A rating by Fitch Ratings and an A3 rating by Moody's Ratings. [Extracted from the article]

The article from the Bond Buyer provides information on Wednesday's yields and economic indicators. The Bond Buyer 40 shows that the Par Call is up 0.04 to 4.86, while the Maturity is up 0.01 to 4.24. The economic indicators for Wednesday include the Consumer Price Index (CPI) and CPI Core, both of which remained at +0.2% for August. The article also includes data on government securities prices, municipal bond index, total bond buyer, visible supply, and the MuniCenter List. [Extracted from the article]

Municipal bonds remained relatively stable on Monday, with U.S. Treasuries showing mixed results and equities performing well. The market is anticipating a wave of new bond issuances, which has contributed to the underperformance of municipal bonds compared to U.S. Treasuries. Municipal bonds have seen improvement in September, but have become cheaper in relation to U.S. Treasuries as traders and investors prepare for a potential rate cut by the Federal Reserve. The ratios between municipal bonds and U.S. Treasuries remain near their highest levels of the year, and there may be further pressure on spreads and ratios due to the heavy supply of new bonds. Despite this, there are opportunities for investors who are looking ahead to the end of 2024. [Extracted from the article]

Baltimore County is planning to issue a $180 million general obligation refunding deal, with a portion of the funds being used to refund its outstanding Build America Bonds (BABs). The deal aims to reduce administrative burden, although the savings will be modest. Baltimore County is considered a high-quality issuer and has a stable credit profile. The upcoming sale has been rated AAA by S&P and Aaa by Moody's, with a stable outlook. BofA Securities is the lead manager on the deal. [Extracted from the article]

Illinois plans to sell up to $1.1 billion of general obligation refunding bonds and $600 million of taxable and tax-exempt new money GO bonds by the end of September. The refunding bonds will be sold in a negotiated transaction, while the new money bonds will be offered competitively. The bonds will fund infrastructure projects across the state, with a focus on transportation-related improvements. Illinois has made progress in improving its financial situation, but still faces challenges due to its liabilities, particularly its pension obligations. The state's credit ratings have improved, but it still has a long way to go. [Extracted from the article]

The North Texas Tollway Authority (NTTA) is planning a $1.126 billion bond sale to seek savings through bond refundings and tenders. The tax-exempt debt will be offered in two series, with the first tier revenue bonds funding a tender offer for taxable bonds sold in 2020 and 2021, and the second tier bonds refinancing 2015 Series A bonds. The NTTA is expecting to capture savings through the tender offer and estimates present value savings of about $90 million or 7% to 8% through the refunding portion of the issue. The toll revenue on the existing system is expected to increase in the coming years, and the NTTA's bond ratings have also improved. [Extracted from the article]

Municipal bonds outperformed taxable bonds after a U.S. Treasury market selloff, as investors turned to equities in a risk-on trade. Triple-A yields for municipal bonds rose slightly, while U.S. Treasury yields saw larger losses. Municipal bond mutual funds also saw inflows for the seventh consecutive week. In the primary market, several large deals were priced and upsized. The reinvestment cash hitting the market boosted demand in the 1-10 year portion of the municipal bond market. J.P. Morgan strategists see continued opportunities to buy bonds in the fall. [Extracted from the article]

Wayne State University plans to sell $31.8 million of Series 2024A general revenue refunding bonds to refund a portion of its outstanding Series 2015A general revenue and refunding bonds. Despite facing weak demographic trends and enrollment declines for regional public universities in Michigan, Wayne State has maintained stable ratings from Moody's and S&P. The university's stable enrollment, net tuition revenue, and effective financial management have contributed to its stable operating performance. Moody's also noted that Wayne State's reserves are strong and growing, and its research portfolio and philanthropy support its strategic position. S&P highlighted the university's broad pledge of general revenue and its strong enterprise risk profile. [Extracted from the article]

Arizona has revived a bond program called the Greater Arizona Development Authority (GADA) to provide financial assistance for infrastructure projects in rural communities and tribal governments. The program, which had been dormant for nearly 10 years, aims to invest in priority projects such as transportation, clean energy, water supply, and workforce training facilities. The bonds are repaid with project revenues or future local tax revenue, and the relaunched authority can offer lower interest rates and cover up to 50% of closing costs. The program had previously funded 84 projects between 1997 and 2014, and it is expected to have a financing demand for public infrastructure projects. [Extracted from the article]

During a Senate Finance Committee hearing, issuers and development advocates emphasized the importance of including municipal market priorities in tax legislation. These priorities include advance refunding, raising the bank-qualified debt limit, and a direct pay bond program. The discussion took place as the Senate prepared to vote on a tax bill proposed by Sens. Ron Wyden and Jason Smith, which includes an expansion of the child tax credit. The hearing also addressed the Opportunity Zones program, with some expressing concerns about its eligibility rules and distribution of funding. [Extracted from the article]

Following President Joe Biden's decision to not seek reelection, municipal bonds (munis) had a mixed performance on Monday. U.S. Treasuries weakened slightly, while equities ended up. The muni-to-Treasury ratios varied across different time periods. The market is expected to remain volatile until the Democrats officially announce Biden's replacement, with potential changes in direction impacting market volatility. The departure of Biden reinforces the perception that Republicans may have a greater chance of winning the White House. There is also uncertainty regarding potential Republican attempts to eliminate the muni tax exemption and roll back Biden's infrastructure initiatives. [Extracted from the article]

The article covers two main topics. Firstly, it discusses the progress of the Water Resources Development Act of 2024, which is being advanced by the House Committee on Transportation and Infrastructure. The bill aims to provide funding for the U.S. Army Corps of Engineers, invest in ports and harbors, and promote environmental and resiliency goals. Secondly, it addresses the pause on New York's congestion pricing program, which would have charged drivers to enter busy districts. Although the program has been put on hold, advocates believe that congestion pricing could still be a viable solution to address traffic congestion with the right political leadership. The article also provides information on government securities prices, municipal bond indexes, and the performance of municipal bond mutual funds. It discusses the primary market for municipal bonds, including recent pricing and issuance, and notes that investment demand has slowed. However, there may still be an appetite for refundings. The article concludes by mentioning the upcoming holiday-shortened week and the expected flow of reinvestment capital in July. [Extracted from the article]

The municipal bond market has been strengthening ahead of an increase in new issuances. U.S. Treasury yields have fallen slightly, while equities have ended mixed. Barclays strategists predict that the rally in the muni market will continue gradually throughout the summer, with a potential acceleration after September if there is a re-flattening in the UST rates market. However, investment-grade returns are still seeing losses for most ratings buckets. The new-issue calendar for this week includes $7.284 billion, with negotiated deals and competitive deals both being offered. [Extracted from the article]

Municipal bonds were stronger on Monday as U.S. Treasury yields fell and equities ended mixed. However, there is expected to be an increase in supply this week, which may put pressure on the market. Despite the recent losses in May, muni yields are still close to year-to-date highs. The muni-to-Treasury ratios have also increased, which is positive for valuations. There have been consecutive weeks of outflows from muni mutual funds, but there may be a strong entry point for cash on the sidelines in the coming months. Several upcoming bond issuances are scheduled, including those from San Antonio, Texas, Electric and Gas Systems, the Metropolitan Washington Airports Authority, the Bay Area Toll Authority, and Massachusetts. [Extracted from the article]

The Municipal Securities Rulemaking Board (MSRB) has retired nine pieces of interpretive guidance related to Rule G-12(c) on inter-dealer confirmations. This decision was made in response to comments submitted by the Securities Industry and Financial Markets Association (SIFMA), which urged the board to eliminate the provision. The MSRB stated that the retired guidance is no longer useful in the current market or is considered outdated. Rule G-12(c) has become obsolete due to the automation of systems in the industry. The MSRB requested comments on this rule in September 2023 and only received feedback from SIFMA. [Extracted from the article]

The municipal bond market weakened in secondary trading as a large number of new bond issues entered the primary market. U.S. Treasury yields fell and equities performed well. Municipal bond yields were reduced by up to seven basis points, while U.S. Treasury yields fell by two to three basis points, causing muni to UST ratios to increase. The new-issue calendar for the week reached nearly $13 billion, with Tuesday being a particularly busy day. Underwriters may need to offer more concessions due to the high volume of new issues. [Extracted from the article]

The municipal bond market is steady to slightly weaker ahead of a $12 billion-plus calendar. There are nearly 30 new issues over $100 million, led by a $950 million deal from Harris County, Texas. Bond investors have found relief in softer inflation and economic data, leading to a rally in U.S. Treasury yields. However, tax-exempt bonds have barely moved, and the market feels heavy despite the lack of investor selling. The new-issue calendar for this week remains robust, with an estimated $12.037 billion on tap. [Extracted from the article]

The article discusses the growing popularity of exchange-traded funds (ETFs) in the municipal finance market. ETFs are being used by investors to gain exposure to municipal bonds and take advantage of investment opportunities. The article also mentions a bill introduced by Rep. Terri Sewell that aims to make changes to the tax-exempt advance refunding and small borrower bank-qualified bonds. The bill has received support from various organizations in the municipal finance industry. The article also provides information about the cancellation policy for subscriptions to The Bond Buyer and the copyright policies for photocopying articles. [Extracted from the article]

The article discusses the plans of the DuPage Water Commission to build its own water treatment plant and pumping station in Northbrook, Illinois, in order to stop buying water from the city of Chicago. The commission has purchased a former golf course for this purpose and plans to spend up to $7 billion on the project. The commission is also considering accessing the lake through the neighboring village of Glencoe. The project will be financed through the issuance of bonds and funds from the Water Infrastructure Finance and Innovation Act. [Extracted from the article]

Investors are pushing back against Washington State's plan to refinance debt through a $1.1 billion municipal bond deal. The sale is part of a larger effort to replace taxable debt with lower-yielding, tax-exempt securities. Some investors, including Wedge Capital Management and Amica Mutual Insurance Co., have expressed displeasure with the deal, citing potential losses for bondholders. The disagreement stems from the use of an extraordinary redemption provision, which allows governments to buy back their debt before it matures. While Washington still plans to move forward with the sale, concerns about the validity of calling bonds through this provision may impact other issuers' refinancing plans. [Extracted from the article]

Moody's Ratings upgraded Broward County, Florida's Tourism Development Tax, sales tax, and Professional Sports Facilities tax and revenue refunding bonds, totaling about $628 million. The upgrades were based on strong debt service coverage and stable revenue streams. The county's total debt, including enterprise debt, is $5.3 billion, with the upgrades reflecting the county's financial stability and creditworthiness. The upgrades were part of an update to Moody's U.S. Cities and Counties methodology, with the bonds benefiting from solid pledges and revenue streams. [Extracted from the article]

Tourism Development Tax, sales tax, and Professional Sports Facilities tax and revenue refunding bonds were upgraded, impacting $628 million of debt. [ABSTRACT FROM AUTHOR]

Florida will use its own cash, not from a refunding bond, to buy up to $500 million of bonds tendered. [ABSTRACT FROM AUTHOR]

The given document is a daily newspaper article from Bond Buyer, a publication focused on public finance. The article provides a list of upcoming bond issuances, including details such as the issuer, type of bonds, and series. It also mentions changes and revisions to previous statements and ratings. Additionally, the article includes information about negotiated deals and financial reports. The document concludes with a notice about the publication's upcoming holiday schedule. [Extracted from the article]

The Ohio Water Development Authority planned to sell $400 million of new money bonds in addition to a refunding driven by a tender offer. [ABSTRACT FROM AUTHOR]

The trade group alliance is lobbying for the restoration of advance refunding and other legislative changes. [ABSTRACT FROM AUTHOR]

The Franklin County Convention Facilities Authority will issue $138.2 million of lease revenue anticipation refunding bonds to refund or redeem outstanding Build America Bonds. [ABSTRACT FROM AUTHOR]

The $105 million of power project revenue refunding bonds deal for Plum Point Energy Station in Arkansas comes amid tighter emission regulations. [ABSTRACT FROM AUTHOR]

Investors will see more than $7.8 billion of supply to start off September, following a record issuance month in August. The calendar is led by the North Texas Tollway Authority's $1.126 billion of system revenue refunding bonds while high-grade Massachusetts leads the competitive slate with $850 million of exempt and taxable general obligation bonds. [ABSTRACT FROM AUTHOR]

This document is a list of recent bond issuances by various entities, including school districts, municipalities, and utility districts. The bonds are being issued to fund various projects and improvements. The document provides information on the issuers, the types of bonds being issued, and the series numbers. It also includes contact information for more information on each bond issuance. [Extracted from the article]

Issuance of bonds for infrastructure projects experienced a significant increase in the first half of 2024. This surge was driven by factors such as the expiration of federal aid, a resurgence of Build America Bond refundings, and front-loaded deals ahead of the election. The total volume of issuance in 1H 2024 was $242.162 billion, a 32.3% increase from the previous year. The rise in issuance can be attributed to the need to fund long-delayed projects and infrastructure, as well as the depletion of COVID-19 stimulus funds. Additionally, the influx of mega deals and the refunding of Build America Bonds contributed to the increase in issuance. Tax-exempt issuance rose by 37%, while taxable issuance fell by 21.1%. New-money issuance increased by 19.5%, and refundings were up by 56.6%. Revenue bonds accounted for a significant portion of the issuance. [Extracted from the article]

Detroit-based Wayne State University will return to market with $31.7 million of general revenue refunding bonds, with proceeds refunding outstanding bonds. [ABSTRACT FROM AUTHOR]

When Wisconsin priced $253.755 million of GO refunding bonds on July 23, it was the state's second forward delivery deal in recent months. [ABSTRACT FROM AUTHOR]

The document titled "THE BOND BUYER" is a daily newspaper of public finance. It provides a list of upcoming bond issuances for various cities, school districts, and municipal utility districts in different states. The document also includes contact information for more information on these bond issuances. It is a valuable resource for library patrons conducting research on public finance and bond markets. [Extracted from the article]